News

Cairo – U Consumer Finance (Valu) has closed its 16th securitized bond issuance, valued at EGP 858.90 million, in collaboration with EFG Hermes, an EFG Holding Company. The issuance marks the sixth ...
The consumer finance market in Egypt expanded from approximately $341mln in 2021 to $1.22bln in 2024 - demonstrating a growth trajectory that nearly doubles every two years ...
Egypt plans to import liquefied natural gas to cover demand from July 2025 to June 2026, the Egyptian cabinet said in a statement on Wednesday, as it ramps up purchases to meet power demand despite ...
Egypt sold $1 billion in Islamic bonds to Kuwait’s largest bank, the North African nation’s latest bid to diversify financing ...
Egyptian fintech Valu has officially begun trading on the Egyptian Exchange (EGX). The listing was executed via an in-kind ...
Arabian Gulf Business Insight on MSN6d
Advancing sustainable finance in Egypt and beyond
Climate change, water scarcity and food security present many challenges to Egypt as it works to become a sustainable economy ...
As a result, Chinese textile enterprises have turned their attention to overseas investment. Egypt has stood out due to its low labor costs, superior geographical location, and other advantages.
Swypex, Egypt’s all-in-one financial management platform, has unveiled the country’s first Approval-Based Limits Card, ...
The BESS will deliver approximately 100,000 MWh and cut nearly 20,000 tons of CO2 emissions annually, contributing to Egypt's ...
Egypt is rushing to find alternative fuel supplies to avoid power blackouts after the crisis that’s engulfed the Middle East ...
AMEA Power's 300MWh Battery Energy Storage System in Kom Ombo, Egypt, marks a significant renewable energy milestone. . Egypt ...