Drive Finance, a subsidiary of GB Corp, has signed a syndicated credit facility worth EGP 5 billion to support the expansion of its consumer finance and factoring portfolios, as per a disclosure.
Updated 11/24/2025 10:06:00 AM
International financial institutions invested approximately $890 million in Egypt’s private sector in November, the Ministry of Planning and Economic Development and International Cooperation announced.
Updated 12/1/2024 3:46:00 AM
African Export-Import Bank (Afreximbank) is set to allocate an additional $3.2 billion in financing to Egyptian banks and businesses, aiming to bring total facilities to them to a total of $5 billion by year-end.
Updated 7/10/2024 12:45:00 PM
Madinet Masr is planning to invest around EGP 3 billion in 2023, the firm’s CEO and Managing Director Abdallah Sallam said.
Updated 4/2/2023 8:55:00 AM