Latest News for: egp

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Baker McKenzie Cairo Advises Marakez on EGP 5.5 Billion Financing Agreement with QNB Egypt (Baker & McKenzie LLP)

Public Technologies 28 Apr 2026
Most recently, the firm advised Marakez on an EGP 3 billion bilateral facility to support the expansion of District 5's Mindhaus Campus, as well as on a separate EGP 3 billion bilateral facility with Banque Misr.
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CIB completes EGP 1.307bn securitisation issuance for B.TECH

Daily News Egypt 27 Apr 2026
Commercial International BankEgypt (CIB) has completed an EGP 1.307bn securitisation issuance for B.TECH, acting as the exclusive financial advisor, lead arranger, issuance manager, promoter, and underwriter for the transaction.
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Zhour Developments launches EGP 10bn FioRI compound in west Cairo

Daily News Egypt 27 Apr 2026
Prices are set between EGP 24,000 and EGP 30,000 per square meter before discounts, with launch offers reducing prices to around EGP 18,000 per meter, depending on unit location and payment plans.
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EBRD extends EGP 250m facility to Fawry Microfinance to boost youth-led enterprises

Daily News Egypt 27 Apr 2026
The European Bank for Reconstruction and Development (EBRD) has extended a financing facility worth EGP 250m (approximately €4.4m) to Fawry Microfinance, a wholly owned subsidiary of Fawry for Banking ...
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Egypt Allocates EGP 35 Billion for Development in North and South Sinai

Egyptian Streets 26 Apr 2026
Egypt has earmarked EGP 35 billion (USD 666 million) in ... Under the plan, North Sinai will receive EGP 25 billion (USD 475 million), while South Sinai is allocated EGP 10 billion (USD 190 million).
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Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025

Daily News Egypt 26 Apr 2026
The Central Bank of Egypt (CBE) said banks have channelled EGP 77.2bn to finance small and micro enterprises under the presidential “Decent Life” initiative between July 2021 and December 2025.
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Egypt implements 975 projects worth EGP 638bn to advance Sinai development since 2014

Daily News Egypt 26 Apr 2026
Officials revealed during the meeting that between 2014 and 2026, a total of 975 projects have been implemented across Sinai, with total investments reaching EGP 638bn ... ....
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MSMEDA channels EGP 939m into Sinai to fund SMEs, create 25,000 jobs

Daily News Egypt 25 Apr 2026
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 939.4m into North and South Sinai between 2014 and 2025, financing nearly 10,000 projects and generating around 25,000 job opportunities.
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Egypt allocates EGP 35bn for Sinai public investments over two years

Daily News Egypt 25 Apr 2026
Egypt has allocated EGP 35bn in public investments for the North and South Sinai governorates during the fiscal year (FY) 2025/26 and FY 2026/27, Minister of Planning and Economic Development Ahmed Rostom said on Saturday.
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Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE

Daily News Egypt 25 Apr 2026
The CBE added that the total value of the microfinance portfolio—across both banking and non-banking sectors—reached approximately EGP 107bn in 2025, underlining its growing role in supporting economic activity and advancing financial inclusion.
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Egypt implements housing, public utilities projects in Sinai with total investments of EGP 52.143 billion

Egypt Today 25 Apr 2026
According to the report, the Central Agency for Reconstruction has implemented projects with total investments of EGP 52.143 billion ... 3,806 km at a cost of EGP 5 billionCompleted by 2014. 3,178 km (EGP 1.687 billion)Since 2014.
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Egypt's PM: 21% wage hike, minimum wage raised to 8,000 EGP next July

Egypt Today 22 Apr 2026
CAIRO - 21 April 2026 ... The plan includes raising the minimum wage to 8,000 EGP per month ... ....
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