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NBE signs Islamic financing agreement with Abu Dhabi Islamic Finance

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
FRA reports EGP 851.4B in total financing in 8 months

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
Egypt, IFC mull expanding private sector financing

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 AM
FRA-supervised financings total EGP 773B by July 2025

The 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 AM
Lime, ESLSCA University cooperate to back flexible education financing solutions

Lime 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
FRA-supervised financing hit EGP 640.1B by June 2025

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
EBRD, Banque Misr sign $100M sustainability-linked financing agreement

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
IFC, AMEA Power launch Egypt’s 1st battery energy storage system

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
Egypt secures $15.6B in development financing for private sector from 2020 to 2025

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
AfDB backs Africa’s largest solar power plant in Egypt with $184.1M package

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
FRA reports EGP 118.5B in financing via capital market, non-banking finance activities end-February

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
MSMEDA backs women's projects with EGP 17.4B in funding over 10 years

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 AM
Juhayna pens EGP 1B financing deal with Emirates NBD-Egypt

Juhayna Food Industries Company signed a financing agreement exceeding EGP 1 billion with Emirates NBD-Egypt

Updated 2/25/2025 7:36:00 AM
Madinet Masr secures EGP 9B financing from 7 banks

Madinet Masr has secured a medium-term revolving syndicated financing worth EGP 9 billion from seven lenders

Updated 12/25/2024 12:33:00 PM
Egypt studies launching initiative for financing new hotel establishments: Fathy

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 finance hit EGP 646.6B in 9 months: FRA

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
MSMEDA reports 27.5% YoY increase in MSME financing over 10 months

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
Egypt secures $21.3M in financing from EBRD to expand Gulf of Suez wind power plant

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
ADIB Egypt secures $66.925M financing from UAE’s ADIB

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