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ALEXBANK signs MoU With Blu EV to finance electric motorbikes

ALEXBANK, part of the Intesa Sanpaolo Group within the International Banks Division, has signed a memorandum of understanding (MoU) with Blu EV, an electric mobility solutions provider and an affiliate of Orascom Investment Holding (OIH), to support access to electric motorbikes and sustainable mobility in Egypt.

Updated 2/1/2026 12:43:00 PM
PARAGON eyes EGP 400M green financing to boost sustainable projects

PARAGON Developments has entered into advanced negotiations with one of Egypt’s banks to secure EGP 400 million in green financing.

Updated 1/27/2026 8:29:00 AM
Oriental Weavers, Gemini Africa conclude “Weavers of Tomorrow” program

Oriental Weavers has concluded the “Weavers of Tomorrow” program in collaboration with Gemini Africa, focusing on innovation, digital transformation, and entrepreneurship within Egypt’s textile and home décor industry.

Updated 1/25/2026 2:39:00 PM
EBRD provides EGP 1.3B financing to Ibnsina Pharma for new warehouse

The European Bank for Reconstruction and Development (EBRD) is providing EGP 1.3 billion, equivalent to €23.1 million, to Ibnsina Pharma (ISPH), to finance capital expenditure for a new warehouse and related long term working capital.

Updated 1/25/2026 9:59:00 AM
NBE signs EGP 3B short-term financing deal with valU

The National Bank of Egypt (NBE) has signed a short-term financing agreement of up to EGP 3 billion with U Consumer Finance (valU) to support the company’s operations during the current phase.

Updated 1/15/2026 1:51:00 PM
MSMEDA, EBank sign protocol to boost SME exports, industrial growth

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a cooperation protocol with the Export Development Bank of Egypt (EBank) to expand financial and technical support for small and medium-sized enterprises (SMEs), with a focus on strengthening their export capabilities and supporting industrial projects seeking access to international markets.

Updated 12/25/2025 1:57:00 PM
FRA-regulated financing tops EGP 1T for 1st time

Financing granted by entities regulated by the Financial Regulatory Authority (FRA) exceeded EGP 1 trillion for the first time, reaching EGP 1.1 trillion during the period from January to October 2025.

Updated 12/24/2025 3:07:00 PM
Lime Consumer Finance launches education payment solution SWING

Lime Consumer Finance, the largest platform for education financing in Egypt, has launched SWING, in a move to redefine how families manage education payments.

Updated 12/15/2025 1:27:00 PM
EBRD signs $100M agreement with NBE to support MSMEs

The European Bank for Reconstruction and Development (EBRD) and the National Bank of Egypt (NBE) have inked a $100 million financing agreement to expand support for micro, small, and medium enterprises (MSMEs).

Updated 12/8/2025 11:57:00 AM
MSMEDA supports MSMEs in Upper Egypt with EGP 28B over 11 years

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has allocated EGP 28 billion over the past 11 years to support micro, small, and medium enterprises in Upper Egypt.

Updated 11/30/2025 3:25:00 AM
Total financing via FRA-regulated entities hits EGP 954.2B in 9 months

The total financing provided by entities regulated by the Financial Regulatory Authority (FRA) amounted to EGP 954.2 billion in the first nine months of 2025.

Updated 11/27/2025 8:27:00 AM
NBE signs Islamic financing agreement with Abu Dhabi Islamic Finance

The National Bank of Egypt (NBE) has signed an Islamic financing agreement with Abu Dhabi Islamic Finance (ADI Finance), a subsidiary of Abu Dhabi Islamic Bank–Egypt, to support the company’s financial leasing and real estate finance activities.

Updated 10/29/2025 12:32:00 PM
FRA reports EGP 851.4B in total financing in 8 months

Entities regulated by the Financial Regulatory Authority (FRA) provided a total of EGP 851.4 billion in financing between January and the end of August 2025, according to the authority’s recent report covering capital market and non-banking financial activities.

Updated 10/21/2025 2:42:00 AM
Egypt, IFC mull expanding private sector financing

Minister of Investment and Foreign Trade Hassan El-Khatib and Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat met with International Finance Corporation (IFC) CEO Makhtar Diop to discuss expanding cooperation in private sector financing and implementing Egypt’s State Ownership Policy Document, as per a statement.

Updated 10/19/2025 1:44:00 AM
FRA-supervised financings total EGP 773B by July 2025

The total financing granted by entities subject to the Financial Regulatory Authority's (FRA) oversight, including capital market and non-banking financing activities, hit EGP 773 billion during the period from January to July 2025.

Updated 10/2/2025 11:46:00 AM
Lime, ESLSCA University cooperate to back flexible education financing solutions

Lime Consumer Finance, the largest platform for education financing in Egypt, has partnered with ESLSCA University, a global institution with a long-standing academic legacy.

Updated 9/7/2025 1:18:00 PM
FRA-supervised financing hit EGP 640.1B by June 2025

The Financial Regulatory Authority (FRA) reported that total financing granted by entities under its supervision reached EGP 640.1 billion at the end of June 2025.

Updated 8/14/2025 9:26:00 AM
EBRD, Banque Misr sign $100M sustainability-linked financing agreement

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have signed a $100 million sustainability-linked financing agreement, marking the first of its kind between the two institutions.

Updated 7/10/2025 3:00:00 AM
IFC, AMEA Power launch Egypt’s 1st battery energy storage system

The International Finance Corporation (IFC) has announced a $72 million investment to support Egypt’s first utility-scale battery energy storage system (BESS), in partnership with AMEA Power and the Egyptian government, marking a major milestone in the country’s transition to clean energy.

Updated 6/16/2025 7:56:00 AM
Egypt secures $15.6B in development financing for private sector from 2020 to 2025

The Ministry of Planning and Economic Development, and International Cooperation has launched a new report titled "Development Finance to Foster Private Sector: Led Growth and Job", highlighting Egypt’s success in mobilizing $15.6 billion in concessional financing for the private sector from January 2020 to May 2025.

Updated 6/15/2025 3:20:00 AM