The General Authority for the Suez Canal Economic Zone's (SCZONE) total revenues during the fiscal year (FY) 2025/2026 reached EGP 15.9 billion, marking a 51% increase over the FY's budget projections...
The General Authority for the Suez Canal Economic Zone's (SCZONE) total revenues during the fiscal year (FY) 2025/2026 reached EGP 15.9 billion, marking a 51% increase over the FY's budget projections of EGP 10.5 billion, the authority's board stated in a meeting on the SCZONE's unaudited financial indicators.
Export Development Bank of Egypt (EBank) launched a new suite of installment plans that allow customers to pay over up to 36 months with no down payment, no interest, and no administrative fees through partnerships with electronic payment platforms Fawry, Geidea, and Noon.
Orascom Development Egypt announced that one of its subsidiaries has signed a 10-year syndicated loan agreement worth EGP 18 billion with the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to support the development of its O West project in 6th of October City, west of Cairo.
Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market.
