The firm allocates $15m-$20m per investment, but investment will only take place when a clear monetary policy is in place amid fluctuations between the dollar and Egyptian pound
Latest by Mohamed Ahmed
The Ministry of Communications expressed its support for the company’s initiative to launch a fund to invest in start-ups in Egypt, according to Amin
A number of questions were raised by the capital market about how Domty’s IPO will attract new institutional investors and increase the low trading volume, which reached an average of EGP 400m in one session.
341 ships transited Suez Canal with total load of 18.88m tonnes last week
United Company has been founded with EGP 8m capital holdings, 70% of which AMIC has contributed
The conference will be attended by the vice president of the World Bank’s Middle East and North Africa office
Company loaned EGP142m from AAIB. Total loans to finance factory’s construction amount to EGP 284m, out of EGP460m total investments
Loan to increase company’s total investment obtained from debt to EGP 750m, and will be used to finance leasing activities
The ships had a cumulative cargo load of 18.4m tonnes
EFG Hermes One-on-One Conference, research sector begins initial promotion among international financial institutions
Arabian Food Industries Company Domty announced today the offering of up to 122,500,000 existing ordinary shares representing 49% of the company’s outstanding share capital listed on the Egyptian Exchange (EGX) currently owned by the selling shareholders.
Foreign investors have sold EGP 744.54m in shares since the beginning of 2016
Investment experts and asset managers expect market to see demand from investment and charity institutions upon launch of charity funds to benefit from growing donations in Egypt
EFSA received the new administrative headquarters in Smart Village in 2015 with an investment cost of EGP 300m after it took approximately five years to be built.
CBE failed to resolve repatriation problems, which hindered flow of foreign direct investment, say Experts
About 45 ships transited the canal per day on average during the past week with an average load of 2.7m tonnes per day
We study financing mechanisms of infrastructure projects in East Port Said, bonds are suggested as alternative, says Darwish
The winning offer will be decided by the first half of this year, the sources said, to ensure fast implementation and delivery
Sources at the SCA said the project costs up to $25m and consists of two main parts.
Chairman of Suez Canal Authority expects negative impacts of Chinese and Eurozone’s economic slowdown to ebb away before Q4 of 2016
Growth of cargo on container ships, despite drop in their numbers, signals trend of shipping companies to rely on larger vessels
The stock exchange is viewed as a secondary instrument rather than the main source for financing national projects, capital market experts say
The average number of ships that traversed the canal per day was 45.5, with an average cargo of 2.48m tonnes
Decision eases way for SMEs to register in the central depository system, says MCDR Managing Director
The training programme aims to help companies manage risks and to ensure credit stays apace of activities
Mubasher Trade is candidate to manage fund for free, EFSA requires involvement of financial institutions in foundation by at least 2%
It plans to begin construction of its new factory in March or April
The average load per ship was 59,800 tonnes whereas the week before the average was 57,000 tonnes
Experts attribute zero trading to companies’ reluctance to issue new bonds, depreciation of pound, and public banks issuing investment certificates with a yield of 12.5%
First fund has capital of $25m, specialising in investment in SMEs; second has capital of $15m and will invest in real estate