EGX listing aims to broaden investor base beyond fundraising: Korra Energi CEO
Korra Energi adopted an accelerated timetable for its debut on the Egyptian Exchange (EGX), moving quickly between regulatory approval of its prospectus and a mid-week investor roadshow as part of…
Planning minister pushes digital payments partnerships with national fintech firms
Ahmed Rostom, Minister of Planning and Economic Development, convened a high-level meeting with Ashraf Negm, Vice Chairperson and Managing Director of the National Investment Bank (NIB); Osama Saleh, Chairperson of…
Banque Misr launches financing programme for residential solar energy systems
Banque Misr has announced the launch of a dedicated financing programme for residential solar panel systems, offering flexible repayment terms and competitive benefits tailored to different customer segments, as part…
CIB, Mastercard deepen partnership to advance digital payments innovation in Egypt
Mastercard has announced a new partnership with Commercial International Bank (CIB) to strengthen digital payments innovation and broaden access to financial solutions in the Egyptian market. Under the collaboration, Mastercard…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided financing worth EGP 73.09bn to more than 583,700 clients until August 2024. According to a report from the…
HDB’s Q1 2026 net profit surpasses EGP 5bn amid strong growth across key indicators
Housing and Development Bank (HDB) delivered robust financial and operational performance during the first quarter (Q1) of 2026, supported by the effective execution of its ambitious 2025-2030 strategy. The results…
Egyptian PM announces community-backed Pyramids revamp alongside Giza educational expansion
Egypt plans to increase hotel capacity in the Nazlet El-Semman area adjacent to the Giza Pyramids from roughly 5,000 rooms to between 15,000 and 20,000 rooms, a development expected to…
Planning minister discusses activating infrastructure financing guarantee mechanism with IFC
Ahmed Rostom, Minister of Planning and Economic Development, met with Ethiopis Tafara, International Finance Corporation (IFC) Vice President for Africa, to discuss practical steps to strengthen bilateral cooperation and review…
Saudi Arabia’s Sela and Egypt’s Talaat Moustafa Group form entertainment consortium
Saudi Arabia’s Sela, a Public Investment Fund company, and Egypt's Talaat Moustafa Group (TMG) have launched a strategic consortium to create and manage an integrated entertainment ecosystem and live events…
In the Presence of Turki Alalshikh… Sela and Talaat Moustafa Group Launch Strategic Consortium to Develop an Integrated Entertainment Ecosystem in Egypt
In the presence of His Excellency Turki Alalshikh, Chairman of the General Entertainment Authority (GEA), Sela, a Public Investment Fund company and one of Saudi Arabia’s leading entertainment and destination…