The National Bank of Egypt (NBE) has signed an Islamic financing agreement with Abu Dhabi Islamic Finance (ADI Finance), a subsidiary of Abu Dhabi Islamic Bank–Egypt, to support the company’s financial leasing and real estate finance activities.
Updated 10/29/2025 12:32:00 PM
Entities regulated by the Financial Regulatory Authority (FRA) provided a total of EGP 851.4 billion in financing between January and the end of August 2025, according to the authority’s recent report covering capital market and non-banking financial activities.
Updated 10/21/2025 2:42:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib and Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat met with International Finance Corporation (IFC) CEO Makhtar Diop to discuss expanding cooperation in private sector financing and implementing Egypt’s State Ownership Policy Document, as per a statement.
Updated 10/19/2025 1:44:00 AMThe total financing granted by entities subject to the Financial Regulatory Authority's (FRA) oversight, including capital market and non-banking financing activities, hit EGP 773 billion during the period from January to July 2025.
Updated 10/2/2025 11:46:00 AMLime Consumer Finance, the largest platform for education financing in Egypt, has partnered with ESLSCA University, a global institution with a long-standing academic legacy.
Updated 9/7/2025 1:18:00 PM
The Financial Regulatory Authority (FRA) reported that total financing granted by entities under its supervision reached EGP 640.1 billion at the end of June 2025.
Updated 8/14/2025 9:26:00 AM
The European Bank for Reconstruction and Development (EBRD) and Banque Misr have signed a $100 million sustainability-linked financing agreement, marking the first of its kind between the two institutions.
Updated 7/10/2025 3:00:00 AM
The International Finance Corporation (IFC) has announced a $72 million investment to support Egypt’s first utility-scale battery energy storage system (BESS), in partnership with AMEA Power and the Egyptian government, marking a major milestone in the country’s transition to clean energy.
Updated 6/16/2025 7:56:00 AM
The Ministry of Planning and Economic Development, and International Cooperation has launched a new report titled "Development Finance to Foster Private Sector: Led Growth and Job", highlighting Egypt’s success in mobilizing $15.6 billion in concessional financing for the private sector from January 2020 to May 2025.
Updated 6/15/2025 3:20:00 AM
The African Development Bank Group (AfDB) has approved a $184.1 million financing package to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200-megawatt-hour battery energy storage system in Egypt.
Updated 6/12/2025 7:05:00 AM
Financing provided by non-banking financial activities in Egypt totaled EGP 118.5 billion by the end of February.
Updated 4/28/2025 9:55:00 AM
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has pumped EGP 17.4 billion in funding into women's projects during the period from July 2014 to December 2024.
Updated 3/9/2025 8:16:00 AMJuhayna Food Industries Company signed a financing agreement exceeding EGP 1 billion with Emirates NBD-Egypt
Updated 2/25/2025 7:36:00 AMMadinet Masr has secured a medium-term revolving syndicated financing worth EGP 9 billion from seven lenders
Updated 12/25/2024 12:33:00 PM
The Egyptian government is considering the launch of a new initiative to support the tourism sector, with financings to be directed to new hotel establishments.
Updated 12/18/2024 11:46:00 AM
Egypt's non-banking financial sector recorded a total financing of EGP 646.6 billion during the first nine months of 2024.
Updated 12/3/2024 3:15:00 AM
Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has reported a 27.5% year-on-year (yoY) increase in funding provided to micro, small- and medium-sized enterprises (MSMEs) from January to October.
Updated 12/2/2024 2:03:00 AM
The European Bank for Reconstruction and Development (EBRD) has announced $21.3 million in development financing for Egypt's Red Sea Wind Energy firm to expand the wind power plant in the Gulf of Suez.
Updated 11/21/2024 3:57:00 AM
The board of directors of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has approved to receive a seven-year subordinated financing of $66.925 million from the UAE’s ADIB.
Updated 11/10/2024 10:08:00 AM