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CIB pens $72M financing deal With Paradise Textiles for eco-friendly factory in Alexandria

Commercial International Bank (CIB) signed a partnership and financing agreement with textile manufacturer Paradise Textiles and a group of related companies to fund the establishment of what is set to be the largest eco-friendly textile manufacturing plant in Alexandria’s Amreya Free Zone.

Updated 2/9/2026 10:39:00 AM
MSMEDA supports 51,000 youth projects in Alexandria with EGP 2.2B

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has financed 51,000 youth-led micro- and small-sized projects with EGP 2.2 billion in investments across Alexandria between July 2014 and May 2025.

Updated 7/17/2025 8:46:00 AM
Egypt earmarks EGP 34.7B for 565 projects in Alexandria during FY2023/24

Egypt has dedicated a total of EGP 34.7 billion to implement 565 development projects in the governorate of Alexandria under the current fiscal year (FY) 2023/2024 investment plan.

Updated 4/4/2024 1:21:00 AM