Local, foreign institutions eye stake in Compass Capital-owned real estate developer Bonyan
NBE, Al Baraka Bank among potential buyers: Sources
Egyptian government plans to issue $700m worth of green bonds in 2023
IFC to support and possibly underwrite issuance: Sources
NeTT4Peace chaired by CCCPA, kick-starts its work at AU High-Level Retreat on Peace, Security and Stability in Africa
Ambassador Ahmed Abdel-Latif, Director-General of the Cairo International Center for Conflict Resolution, Peacekeeping and Peacebuilding (CCCPA) and the Chair of the African Union (AU) Network of Think Tanks for Peace…
$56.7bn worth of goods cleared from customs since January: Finance Minister
Released goods include strategic items worth $15.1bn, production supplies worth $26.2bn
Egypt hosts CEO Women Conference with 22 countries to strengthen economic relations
The CEO Women Conference recently held its highly anticipated second edition, which was under the patronage of the Prime Minister and sponsored by the Ministry of Tourism and the National…
Startup financing grows by 32% in MENA region in Q3 2023
According to the Magnet report, which specialises in analysing venture capital market data, the startup market in the Middle East and North Africa (MENA) region remained stable near the lowest…
Finance Ministry implements structural reforms to tackle economic challenges highlighted by S&P
Egypt’s Minister of Finance Mohamed Maait stated that the government is pursuing more reforms and structural measures in the next period to cope with the economic challenges from both internal…
EFG Hermes advises on EGP 159.2m second issuance for Qasatli as part of EGP 6.5bn securitisation programme
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced Saturday that its Debt Capital Markets (DCM) team advised on the second issuance for mortgage finance…
Egyptian government plans to borrow EGP 1.263tn from local market in Q2 FY 2023/24
Ministry of Finance aims to offer 52 T-bond bids worth EGP 1.186tn, 26 T-bond bids worth EGP 41.5bn from 1 October to end-2023
Nile Media Awards honours Daily News Egypt for article on renewable energy
Daily News Egypt’s science editor Mohammed El-Said has been awarded the 1st runner-up prize in the Nile Media Awards (print media category) for his article on renewable energy as a…