Latest in Tag: funds Highlight
Latest in Tag: funds
Start-ups suffering from lack of funds, investments under pressure of expenses
These factors have contributed to a decline in venture capital investments from pumping new funds in a flexible manner, with investment funds and venture capital companies becoming more careful with their funds, causing a decrease in opportunities for start-ups to obtain financing, which threatens their continuity.
Total investments of private insurance funds in Egypt reach EGP 102bn: FRA
The new model will help to better understand and manage the risks these funds face, enabling those in charge of managing private insurance funds to take the necessary effective corrective and preventive measures, limiting the negative effects of the various risks they are exposed to.
IFC injects $4bn funds into Egypt, private sector accounts for $421m in 2020
Egypt’s International Cooperation Minister meets with new IFC Vice President to discuss areas of cooperation
AFD to provide €715.6m in funds to Egypt’s development projects
The funds come as part of Egyptian President Abdel Fattah El-Sisi’s activities during his recent visit to France, where he held discussions with his French counterpart Emmanuel Macron on various forms of bilateral cooperation.
Egypt receives $7.3bn in funds despite pandemic in 2020
Minister Al-Mashat said that the government has worked on several axes to deal with the crisis, including regional integration.
Government aims to enhance social protection programmes through development funds
During the meeting, they discussed the projects that are being implemented in cooperation with development partners in the field of social protection, the most important of which is the Takaful and Karama programme, funded by the World Bank.
Cabinet approves draft law establishing entity to manage ‘recovered or seized funds’
During the cabinet’s weekly meeting, Prime Minister Mostafa Madbouly said the new entity would be headquartered in Cairo, with possible offices in other governorates.
Al-Sisi advises CBE to study low-interest funds for tourism facilities
President met PM, ministers to discuss economic impacts of the coronavirus crisis
FRA approves amendments to Capital Market Law to ease regulation of real estate funds
The amendments would allow more flexibility in the funds’ investment policies by solving some problems faced in this type of funds. The suggested amendments were discussed in community dialogue sessions managed by the FRA with such funds’ representatives.
AOI likely to invest in renewables, desalination projects in Africa with funds from AfDB, Afreximbank: chairperson
The AOI’s investment has doubled in Africa, says Al-Taras
MEDAF Investment acquires Guardian for portfolio and funds management
The company is in negotiations to manage investment funds with new ideas, announcing its first product next month: chairperson
Beltone holds 38.8% of asset management market, Hermes manages largest number of funds
Arab African International Securities targets EGP 7bn in managed assets by year-end
Investment funds attract EGP 6.3bn in assets end-June
Collective growth of assets classes, excluding capital protection and guarantee, while money market, Islamic funds top the list
UK FCO funds new educational system with EGP 276m
Allocated budget to reform educational systems in Sinai, Ismailia
AFD, Egypt’s government discuss five-year strategy funds
11 French firms’ delegation visits Cairo, New Administrative Capital
Finance minister meets with $280bn investment fund leaders to discuss further opportunities
Finance Minister Amr El-Garhy is scheduled to meet on Thursday with leading investment fund leaders with total assets under management of $280bn discuss with them further opportunities, according to a press release. El-Garhy, who is in Washington, D.C, will attend annual meetings of the IMF and the World Bank and will discuss Egypt’s latest macroeconomic developments …
CBE increases funds allocated for mortgage initiative to EGP 20bn
The families of army and police martyrs and the injured are exempted from applying maximum income
Funds’ assets lose EGP 22bn over past five years, despite number increasing by 17
Losses in 2016 amounted to EGP 27bn, due to CBE decisions scaling funds
Investment funds lose 3.3% of their assets during first quarter
The second quarter may see a resurgence of fund assets growth
UK fans raise bowel cancer funds on #FootballShirtFriday
Donate a small sum to a bowel cancer charity, then wear your favorite team’s jersey to the office with pride. This novel fundraising initiative in Britain attracted celebrities, players, and even some Bundesliga fans.Football fans around Britain could sport their team’s colors on Friday in exchange for a 2-pound (2.37-euro, $2.59) donation to the Bobby …
Robust economic policies needed to maximise private savings and finance growth in Egypt: World Bank
The research by the World Bank said that trust and internet access are significant to savings behaviour, whereas physical access and distribution of banks do not have an effect on one’s probability of participating in bank savings and/or informal savings
Real estate funds will enter Egypt through three contenders in 2017
NAEEM to issue two tranches, each at EGP 1bn
Despite high interest, banks attract only EGP 26bn of new funds into saving certificates
Investments in new saving certificates amount to EGP 135bn, 81% recycled from other vessels within banks
Reconciliation with businessmen is a bitter yet vital medicine
For the first few months following the revolution, I welcomed the calls for reconciliation with figures of the former era in a way that ensures a continuous flow of funds for projects and investments, and a preservation of the state’s right to the funds obtained in twisted ways. All of this would create a climate …
EGP 9.2bn in urgent funds approved to improve public services: Finance Ministry
Ministry of Finance allocates EGP 223m to the Ministry of Petroleum to pay EGAS’ dues for delivering natural gas to homes, says first deputy finance minister
Real estate investment growth dependent on launch of funds
We expect the launch of more than one real estate investment fund through 2016, says assistant minister of housing
Asset managers expect balanced funds to dominate in 2016
Appeal of balanced funds grew following diminishing investment opportunities in monetary and fixed income funds due to decision to reduce investments in such funds
Millions in frozen Mubarak regime’s assets trapped due to legal requirements, political situation
Swiss Prosecutor General affirms necessity of establishing link between criminal verdicts and frozen Mubarak funds
Justice Minister negotiates with 15 businessmen to return smuggled funds
After 3 years of failed attempts, Al-Zind aims for return of money in exchange for acquittal
Around EGP 20bn spent on campaigning during parliamentary elections
Figures are approximate because candidates usually manipulate the actual figures spent on campaigns, the report states