KOTRA Promotes Korean Water Industry Cooperation with Egypt

The Korea Trade Promotion Agency (KOTRA), in cooperation with the South Korean Embassy in Cairo and the Korea Water Partnership, organized a conference and business meeting with a group of…

Daily News Egypt

TSFE’s newly reshuffled Board of Directors holds its first meeting

The Sovereign Fund of Egypt’s (TSFE) Board of Directors has convened its first meeting after a recent reshuffle, headed by Hala El-Said, the Minister of Planning and Economic Development and…

Daily News Egypt

Ministry of Finance to borrow EGP 388.75bn in November through T-bills, bonds

The Ministry of Finance plans to borrow EGP 388.75bn from the local market in November by launching 24 issuances of treasury bills (T-bills) and bonds. This is part of a…

Daily News Egypt

EFG Hermes completes second securitization issuance for CIRA Education worth EGP 700m

EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM), announced Wednesday the successful closing of the second securitization issuance of future flow bonds for CIRA Education, the…

Fatma Salah

CI Capital concludes securitised bond issuance of EGP 3bn for Tasaheel Finance

Matouk Bassiouny & Hennawy acted as legal advisor

Fatma Salah

Actis plans to borrow $250m for Gabal El-Zeit wind farm expansion

Actis, a global direct investment company, is in talks with the government to buy the Gabal El Zeit wind station, one of the largest wind power plants in the world.…

Fatma Salah

Egypt and Siemens discuss collaboration on renewable energy, green hydrogen

Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, met with Andreas Matthe, CEO of Siemens Smart Infrastructure's Electrical Products Business Unit, accompanied by Mostafa El-Bagoury, CEO of Siemens Egypt,…

Daily News Egypt

How to finance climate and development action without worsening developing countries’ debt crisis: Mohieldin

Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, spoke at the UNCTAD meetings about the challenges and opportunities…

Daily News Egypt

MSMEDA invests EGP 642m in small and micro-projects in Sinai

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has implemented the state’s strategy to develop and build Sinai and create a conducive environment for the growth of small projects.…

Hossam Mounir

Egypt grants customs, procedural facilities for Nebu Expo

The Egyptian government has granted new facilities for international exhibitors who will participate in the third edition of Nebu Expo, a gold and jewellery exhibition, scheduled for 25-27 November. The…

Daily News Egypt