Latest News Egypt

Health

25/03/2024 at 15h04, by Africa Business+

Co-shareholders sell stake in healthcare platform KELIX Bio

The platform, created in 2020, has grown rapidly and is about to be acquired by the Abu Dhabi investment...

Mines

26/02/2024 at 15h44, by Africa Business+

Who is Ajlan & Bros, the Saudi mining ally for Perseus Mining in Africa?

Ajlan & Brothers, a Saudi Arabian conglomerate originally specialising in textiles, is stepping up its...

Private Equity

12/02/2024 at 18h23, by Africa Business+

Amethis invests MENA Fund II in partnership with Egyptian BBI

Egypt is once again attracting pan-African investors, despite a tense economic situation. 

Agribusiness

31/01/2024 at 17h46, by Africa Business+

EBRD supports Egyptian microfinance subsidiary of EFG Hermes 

Tanmeyah, acquired by Egypt’s leading private financial group in 2016, will receive a loan, one focused...

Consumer goods

29/01/2024 at 18h43, by Africa Business+

EBRD funds Turkish group Koç Holding’s first home appliance factory in Egypt

Arçelik, a subsidiary of Koç Holding known for its Beko brand, is about to open an industrial plant...

Maritime transport

26/01/2024 at 18h51, by Africa Business+

Development Bank

18/01/2024 at 15h30, by Africa Business+

Hassan Alam: EBRD to support megapark wind project led by ACWA Power

The pan-European financial institution will provide capital to the Netherlands-based subsidiary of the...

Development Bank

22/12/2023 at 14h38, by Africa Business+

After CIB and aiBANK, pan-European institution now backs National Bank of Egypt

The country’s leading financial operator is securing loans from the EBRD at a tense time for the Egyptian...

Agribusiness

13/12/2023 at 17h48, by Africa Business+

EFG Hermes’ bridgehead in retail banking, aiBANK, receives EBRD support

The bank, privatised at the end of 2021, will benefit from €35 million in loans.

Private Equity

12/12/2023 at 16h52, by Africa Business+

Emad Barsoum prepares for a busy first half at Ezdehar next year

After two difficult years, the managing partner of Ezdehar Management, an asset manager dedicated to...

Renewable energies

04/12/2023 at 15h05, by Africa Business+

Egypt: Americans reach into their wallets for AMEA Power projects

Amid COP28, which is taking place in its stronghold of Dubai, the Emirati company specialising in renewable...

Bank & Insurance

23/11/2023 at 18h37, by Pierre-Olivier Rouaud

Guido Clary appointed head of EIB regional office in Cairo

Formerly based in Slovenia, he will coordinate the European financial institution’s six offices in North...

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