IFC invests $26.2bn in funding startups across MENA region
The International Finance Corporation (IFC), which recently took part in the $2.5m…
EMF seeks to increase customers to 10 million at total funding of EGP 30bn within four years: chairperson
The EMF includes eight banks, three companies, 752 institutions, and a civil…
Banque Misr negotiates with international funding institution to obtain new dollar debt: bank’s chairperson
The bank signs a loan agreement with CDB for $500m during its…
Startups in the Middle East: a fun(ding) adventure
The Middle East is a region of great opportunity. We have a…
Shoukry calls for investigations in funding of terrorist organisations
The parliament will furthermore work on a law to establish a supreme…
Careem becomes MENA’s second unicorn, raises $350m
Ride-hailing app Careem announced closing an initial investment round of $350m,…
Two revolutions and a US dollar crisis dilute funding development dream of EGX
EGX peaked in 2008 when its market capital recorded unprecedented levels, but…
UAE to support Egypt’s foreign exchange reserves with $2bn funding: Abu Dhabi crown prince
The CBE announced that the balance of the foreign exchange reserves increased…
Orchestrated assault: Rights NGOs condemn reopening foreign funding case
Timing of the attack suggests it is punishment for engaging with OHCHR,…
Will CBE’s initiative solve funding concerns for IT companies?
Egyptian banks, however, are seeking to make their loans more competitive with…
