IFC to invest $1.2bn in Egypt during FY2026
The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt…
GlobalCorp issues eighth securitization bond worth EGP 2.5bn
GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued…
Egypt finalising tender documents for Hurghada airport management
Egypt is finalising the technical and regulatory studies required to offer the…
Suez Canal Bank posts EGP 5bn profit in September 2025, up 62%
Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, announced…
Suez Canal Bank partners with IFC to boost SME financing, advance financial inclusion in Egypt
The International Finance Corporation (IFC) announced on Tuesday a $50m financing package…
Egypt, IFC discuss expanding private sector financing, advancing State Ownership Policy Document
Investment and Foreign Trade Minister Hassan El-Khatib and Planning, Economic Development and…
World Bank financed 201 projects in Egypt worth $27.5bn since 1959
The World Bank has financed 201 projects in Egypt worth a total…
IFC, AMEA Power launch Egypt’s first utility-scale battery storage system
The International Finance Corporation (IFC) announced on Sunday a landmark investment to…
Egypt to launch first airport management, operation tenders before year-end: Madbouly
Prime Minister Mostafa Madbouly announced on Sunday that Egypt will offer its…
Egypt’s Al-Sisi, IFC Managing Director discuss boosting private sector investment
Egyptian President Abdel Fattah Al-Sisi met with the Managing Director of the…