Tatweer Misr, AAIB sign EGP 3.5bn medium-term facility to accelerate construction of IL Monte Galala, Bloomfields projects
Tatweer Misr, a leading Egyptian real estate developer, has signed a medium-term facility contract worth EGP 3.5bn with the Arab African International Bank (AAIB) to expedite the construction of two…
Euro-denominated T-bills tender attracts €781.7m in 28 offers: CBE
The Central Bank of Egypt (CBE) has received 28 offers worth €781.7m for its Euro-denominated treasury bills (T-bills) tender, which was launched on behalf of the Ministry of Finance. The…
AUR Capital launches EGP 255m securitisation bond issuance with P1 rating for Waseela
AUR Capital, a financial consulting company and a subsidiary of AUR Capital Financial Group, has successfully completed the first issuance of the second programme for AUR for Securitization on behalf…
Al Ahli Pharos issues EGP 617.5m securitisation bonds for United Finance
Al Ahli Pharos, a subsidiary of Al Ahli Group for Financial Services, has issued securitisation bonds worth EGP 617.5m for United Finance, another subsidiary of the same group. The bonds…
Finance Minister to showcase Egypt’s high-priority investment areas at Turkish-Arab Economic Forum
Maait and Turkish officials to discuss developing bilateral economic relations
Forbes Middle East Under 30 Summit to return to El Gouna in January 2024
More than 1,000 participants will gather in El Gouna along Red Sea coastline in Egypt to celebrate the Forbes Under 30 community Forbes Middle East's second Under 30 Summit is…
AMAN Holding raises its total capital to EGP 1.065bn
AMAN Holding, the most integrated fintech company in Egypt, announced on Tuesday its successful capital increase of EGP 450m, bringing the company's total capital to EGP 1.065bn. The company stated…
Trade Ministry, Arab-German Chamber explore ways to boost economic ties
Minister of Trade and Industry Ahmed Samir met with Jan Noether, CEO of the German-Arab Chamber of Industry and Commerce, to discuss ways to enhance the economic relations between Egypt…
Egypt, Venezuela discuss cooperation opportunities in oil, petrochemical sectors
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Yvan Gil Pinto, the Venezuelan Minister of Foreign Affairs, and his delegation, who are visiting Egypt to explore…
Capital for Securitization achieves milestone with 15th securitized bond issuance
Capital for Securitization, a leading company in the market of refinancing, announced the completion of its 15th securitized bond issuance, worth EGP 3.035bn. This issuance is the fourth for Tasaheel…