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Abu Dhabi’s sovereign wealth fund ADQ agreed with Egyptian authorities to invest around $2 billion by buying state-held stakes in some companies, including the country’s largest listed bank CIB, a…
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Egypt has officially requested support from the International Monetary Fund (IMF) to implement a comprehensive economic program, the fund said on Wednesday.
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Orascom Construction achieved an increase in the value of projects under implementation by 12% to reach $6.1bn.
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The Egyptian National Postal Organisation and Bahrain-based Beyon Connect, a subsidiary of Batelco, reached an agreement to establish a new joint venture to deploy digital postbox solutions.
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Egypt’s move to depreciate its pound will arrest foreign-capital outflows and boost the nation’s chances of winning the next International Monetary Fund (IMF) loan, according to Goldman Sachs Group…
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Catalyst Partners has launched an impact investment fund “Catalyst Capital Egypt” with a capital of EGP 1 billion.
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The Egyptian government will be issuing its first Japanese Yen-denominated bonds to raise an equivalent of nearly $500 million, Bloomberg cited the Ministry of Finance’s Head of Debt Management Unit,…
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The National Bank of Egypt (NBE) and Banque Misr registered over EGP 13 billion on the first day of issuing saving certificates at an annual interest rate of 18%, according to media reports.
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The Central Bank of Egypt (CBE) has offered treasury bonds (T-bonds) at an aggregated value of EGP 3 billion over three issues on Monday, 21 March.
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The National Bank of Egypt (NBE) and Banque Misr will issue a one-year saving certificate at an annual interest rate of 18%, according to recent media reports
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