Egyptian Credit Bureau (I-Score) has revived plans for a new offshoot on assessing the creditworthiness of small and medium-sized businesses, its chief executive said on Thursday.
I-Score has already started studies to launch its SME rating unit but (...)
Egyptian investment bank FEP Capital expects to complete initial share offering of business tycoon Ahmed Abou Hashima's Egyptian Media Company in 2018, FEP chief executive Omar El Maghawry said Tuesday.
FEP Capital, part of regional First Equity (...)
Egypt plans to launch international bonds ranging between $2 billion and $2.5 billion within the first half of next January, the country's finance minister said Monday.
"The launch was supposed to be within this November, but the U.S. elections and (...)
Egypt-based investment bank Acumen Holding has won the management of the Housing and Development Bank's (HDB) newest real estate mutual fund, chairperson Rana Adawi announced Monday.
"We expect the fund will be launched within the first quarter of (...)
Egypt's second biggest bank, state-owned Banque Misr has provided around $825 million to cover import payments since the central bank devalued pound on November 3rd, vice chairman said Monday.
"We opened letters of credit worth around $825 million (...)
Egypt's investment bank Beltone Financial has completed the acquisition of micro finance enterprise Reefy and is looking into more upcoming deals, its vice chairman Magued Shawky announced Monday.
Beltone is studying carrying out a number of new (...)
Foreign investments in the Egyptian treasury bills have reached $500 million since the country's central bank devalued the local currency on November 3rd, finance minister said Monday.
Egypt is targeting foreign investments ranging between $8-10 (...)
Egyptian ministers of Industry, Supply, and Social Solidarity have opened today the 13th Middle and North Africa International Franchise Exhibition (MIFE) held at Cairo International Fair Ground.
Egypt is hosting MIFE - the largest and most visited (...)
Egypt's Social Fund for Development (SFD) is looking forward to a new loan from the World Bank Group at value of US$500 million, the fund's secretary-general Soha Soliman told Amwal Al Ghad Saturday.
Soliman stated that the targeted loan would go (...)
The French Development Agency (AFD) has given initial preliminary approval to secure a new finance worth €40 million to Egypt's Social Fund for Development (SFD), the Egyptian fund's secretary-general announced Wednesday.
Speaking to Amwal Al Ghad (...)
The National Bank of Egypt (NBE) seeks arranging USdollar financing in order to establish quay No.100 in Dekheila port to circulate the containers which estimated at US$500 million, Senior sources said.
Speaking to Amwal Al Ghad Arabic's Website, (...)
The President of Cyprus N. Anastasiades stated that Cyprus is aiming to enhance the bilateral commercial relationship and links with Egypt due to the importance of the Egyptian market and its potentials for alluring investments.
Several huge (...)
MP Hamdi Al Fakharani, head of the privatization companies' defense, called on Dr Saad Al Katatni- PA's chairman- to cancel law no.4\2012; concerns the reconciliation with foreign investors in privatization companies' cases.
In his demand which (...)
Qasr el-Nil Court of Misdemeanors, headed by Ehab Yousry Abu Zaid, postponed the lawsuit raised by a researcher at Helwan University against Dr. Ahmed Zewail; Farouk El-Okdah, governor of Central bank of Egypt; and Tarek Hassan Amer, chairman of (...)
CAIRO: For the first time in the history of the Muslim Brotherhood, the group held public elections for three positions in its Guidance Office today. The new members will replace former council heads Mohamed Morsi, Saad Katatni and Essam el-Erian, (...)
CAIRO: Egypt's Prime Minister, Essam Sharaf, gave a speech yesterday in which he said that he has been following all the revolutionary activities being carried out in all of Egypt's governorates and big squares. Sharaf read all the statements, (...)