Egypt
Sawari Ventures raises US$71M for investing in Egyptian startups
In a press release shared on Wamda, the Sawari Ventures fund has raised a new round of commitments worth $28 million acquired from the Misr Insurance ...
Egypt
Central Bank of Egypt offers EGP19 billion worth of treasury bills
The Central Bank of Egypt has issued treasury bills worth EGP19 billion ($1.21 billion) on behalf of the Finance Ministry. Governments resort to ...
Egypt
Amidst pandemic EBRD offers initiatives to SMEs
Small and medium-sized enterprises (SMEs) are a key sector of Egypt’s local economy. Records show that over 90 percent of all businesses in ...