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Faisal Islamic Bank of Egypt’s business volume up 9.2% YoY end-April

Faisal Islamic Bank of Egypt (FAIT) reported a 9.2% year-on-year (YoY) increase in total business volume at the end of April 2025.

Updated 5/22/2025 11:29:00 AM
Energean’s assets sale in Italy, Egypt, Croatia set to close by year-end

The sale of London-based Energean’s portfolio of gas-weighted exploration and production (E&P) assets in Italy, Egypt, and Croatia to the global investment firm Carlyle is expected to be completed by the end of 2024.

Updated 11/7/2024 10:06:00 AM
El-Khatib, TSFE discuss optimizing returns on state-owned assets

The Minister of Investment and Foreign Trade Hassan El-Khatib has met with members of The Sovereign Fund of Egypt (TSFE) to discuss ways to maximize returns on state-owned assets.

Updated 10/28/2024 1:22:00 AM
Carlyle Group acquires assets of Energean in Egypt

The global investment firm Carlyle Group has acquired assets of the Greek Energean PLC in Egypt, Italy, and Croatia.

Updated 6/26/2024 10:39:00 AM