The Financial Regulatory Authority (FRA), headed by Islam Azzam, has reported strong growth rates in the performance of key investment funds operating in Egypt during the first quarter (Q1) of 2026
Updated 5/12/2026 12:06:00 PM
Lotus for Agricultural Investments and Development generated 71.69% year-on-year (YoY) lower net profits at EGP 8.133 million in 2025, compared to EGP 28.732 million
Updated 4/6/2026 8:40:00 AM
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