Ezz Elarab Elsewedy Archives

Bank NXT Signs USD 40.3M Facility to Fund Ezz Elarab Elsewedy Automotive Expansion

Bank NXT, provider of integrated retail and corporate banking solutions, signed a USD 40.3 million (EGP 2.1B) credit facility with Ezz Elarab Elsewedy Investments. The facility will finance the expansion of its automotive manufacturing operations...

by WAYA Staff - Sep 29, 2026

Markets

FRA Issues Circular to Enhance Transparency of Gold-Linked Insurance Policies

The Financial Regulatory Authority (FRA) issued a circular to insurance companies to enhance disclosure and transparency for insurance policies that...

by WAYA Staff - Oct 6, 2026

Markets

Naguib Sawiris Bids for Five New Gold Exploration Areas in Egypt’s Eastern Desert

Egyptian billionaire Naguib Sawiris is expanding his bet on the country’s gold sector. His exploration company, In2Metals, is bidding for...

by WAYA Staff - Oct 6, 2026

Real Estate

Mnzil, TDG & Capital Partners Launch USD 267M Fund to Develop Workforce Housing in Saudi

Mnzil, a workforce housing platform, The Development Group (TDG), and Capital Partners launched a USD 267 million (SAR 1B) real...

by WAYA Staff - Oct 6, 2026

Money

Janus Henderson MENA Private Credit Fund IV Reaches USD 191M at Second Close

Global asset management firm Janus Henderson’s fourth MENA private credit fund has reached USD 191 million in commitments at its...

by WAYA Staff - Oct 6, 2026

Markets

CIB Commits Up to USD 38.2M to MNT-Halan’s Proposed Offering

Commercial International Bank (CIB) has committed to invest up to USD 38.2 million (EGP 2B) in MNT-Halan’s proposed offering. Thus,...

by WAYA Staff - Oct 5, 2026

Markets

Administrative Capital for Urban Development Expects USD 7.65 IPO Share Price

The Administrative Capital for Urban Development Company (ACUD) has resumed preparations for a potential listing on the Egyptian Exchange (EGX)....

by WAYA Staff - Oct 5, 2026

Markets

Egypt Studies Financial Tools to Manage the Cost of Natural Disasters

The Ministry of Finance is studying a range of financial mechanisms to help manage the potential fiscal costs of natural...

by WAYA Staff - Oct 5, 2026

Startups

Startup Qatar Investment Program Offers Tech Startups Up to USD 5.5M

Qatar is positioning funding and business support as a package to attract technology startups to its market. The Startup Qatar...

by WAYA Staff - Oct 5, 2026

Markets

AI Takes on a Bigger Role in Arab Stock Markets as Automation Moves Into Investment Decisions

AI is no longer sitting on the sidelines of Arab stock markets. It is moving from a tool for analyzing...

by WAYA Staff - Oct 4, 2026

Markets

MNT-Halan Sets Out Plans to Float 20% Stake on EGX

MNT-Halan is preparing to list 20% of its shares on the Egyptian Exchange (EGX). This puts one of Egypt’s leading...

by WAYA Staff - Oct 4, 2026

Ezz Elarab Elsewedy

Bank NXT Signs USD 40.3M Facility to Fund Ezz Elarab Elsewedy Automotive Expansion

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