On 31 October, ADD Properties, a member of Sami Saad Holding, announced a $265 million syndicated financing package arranged by the European Bank for Reconstruction and...
On 26 October, Egypt’s Ministry of Petroleum reviewed preparations for an offshore seismic survey in the Eastern Mediterranean, with operations scheduled to begin on 30 October....
On 26 October, the European Investment Bank announced a $37.5 million investment in Tanmiya Capital Fund II, which closed at $130 million against an original fundraising target of...
On 31 October, Banque Misr was reported to have extended a long-term EGP 10 billion financing facility to Founders Real Estate Marketing, a subsidiary of Hyde Park Developments,...
On 28 October, Banque du Caire’s public share offering closed with subscriptions reaching 27.08 times the available shares, attracting orders for approximately 9.291 billion...
On 25 October, Egypt and the World Bank announced a national mining-sector development charter targeting an increase in mining’s contribution to GDP to 6%. The initiative includes...
On 28 October, Banque du Caire closed the public subscription phase of its initial public offering, with demand reaching 27.08 times the shares available and the final price fixed...
On 28 October, Egypt’s Cabinet approved golden licences for the Shadwan and Ras Shokeir wind-power developments, each designed to provide 900 MW of generation capacity. The...
On 26 October, Egypt signed preliminary financing terms for the Dandara solar project in Nagaa Hammadi, Qena Governorate, with estimated total investment of $650 million. The...
On 25 October, Gulf of Suez Petroleum Company signed a contract with SLB to conduct an Ocean Bottom Node seismic survey across its central and southern Gulf of Suez concessions....
On 28 October, Egypt’s Cabinet approved golden licences for the 900 MW Shadwan and 900 MW Ras Shokeir wind-power projects. The developments are expected to create approximately...
On 26 October, the European Investment Bank committed $37.5 million to Tanmiya Capital Fund II, which reached a total size of $130 million after exceeding its $120 million...