Latest News for: egp

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Egypt signs deal to settle EGP 48.5 bln financing for 11 universities

Amwal Al Ghad 15 Jun 2026
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Egypt signs EGP 60 bln financing deal to upgrade electricity grid

Amwal Al Ghad 15 Jun 2026
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Al Aliaa Developments enters Egyptian market with EGP 100bn investment plan

Daily News Egypt 14 Jun 2026
Al Aliaa Developments has entered the Egyptian real estate market, unveiling an ambitious investment plan worth EGP 100bn to be deployed over the next two years ... ....
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Egypt signs EGP 196bn agreements to resolve decades-old financial liabilities

Daily News Egypt 14 Jun 2026
... a combined EGP 196bn to settle historical debts dating back to the 1980s ... The agreement provides for the settlement of debts owed to the NIB amounting to EGP 62.2bn as of the end of December 2025.
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Egypt’s Vaccine City investments to reach EGP 12bn by 2030

Daily News Egypt 14 Jun 2026
Egypt’s Vaccine City and Biotechnology project is expected to attract investments worth EGP 12bn (approximately $240m) by 2030, Minister of Health and Population Khaled Abdel Ghaffar said, describing ...
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Egypt allocates EGP 60bn to upgrade power grid, support renewable energy expansion

Daily News Egypt 14 Jun 2026
Under the protocol, EGP 60bn will be allocated to support the Egyptian Electricity Transmission Company (EETC), enhancing its financial and operational capabilities and enabling it to implement critical grid expansion and modernisation projects.
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MSMEDA injects EGP 2.2bn to finance 54,000 projects in Menoufeya: CEO

Daily News Egypt 13 Jun 2026
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency injected EGP 2.2bn in financing into Menoufeya between July 2014 and April 2026 ... ....
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Egyptian pound ends at 51.93/52.03 against dollar – 11 June 2026

Amwal Al Ghad 11 Jun 2026
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CI Capital completes EGP 1.77bn securitisation issuance for Al Oula

Daily News Egypt 10 Jun 2026
The first tranche, valued at EGP 637m and maturing in 25 months, received an AA+ rating from Middle East Ratings and Investor Services (MERIS). The second tranche, worth EGP 422m with a tenor of 37 ...
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Standard Chartered sees Egypt’s pound at 49 per dollar by end-2026

Amwal Al Ghad 10 Jun 2026
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Dollar averages 51.67/51.77 against Egyptian pound in midday trade – 09 Jun 2026

Amwal Al Ghad 09 Jun 2026
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Illume Societies launches EGP 4.5bn ‘Illume Residence’ in New Cairo’s Sixth Settlement

Daily News Egypt 07 Jun 2026
Illume Societies has announced the launch of its new residential development, Illume Residence, in the Sixth Settlement area of New Cairo, with planned investments estimated at EGP 4.5bn.
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Jadeer Developments launches EGP 10bn ‘Chapters’ residential project in New Capital

Daily News Egypt 07 Jun 2026
Jadeer Developments has unveiled its latest flagship project, Chapters, in the R8 district of Egypt’s New Administrative Capital, with planned investments exceeding EGP 10bn ... ....
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MSMEDA injects EGP 1.5bn into green economy projects since 2014: CEO Rahmy

Daily News Egypt 07 Jun 2026
He revealed that MSMEDA has also allocated EGP 600m to support the Presidential Initiative for converting vehicles to operate on dual fuel; natural gas and petrol.
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Egypt’s non-banking financial sector serves over 60 million citizens, provides EGP 1.4trn in financing: Planning minister

Daily News Egypt 07 Jun 2026
Egypt’s non-banking financial sector, regulated by the Financial Regulatory Authority (FRA), serves more than 60 million citizens and provided financing worth EGP 1.4trn in 2025, according to Ahmed ...

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