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FINANCIAL NEWS
Egypt’s EIP to launch local investment fund of USD100mn
27 Jun 2016
(MENAFN) Emerging Investment Partners (EIP) will launch regional direct investment fund with a capital of USD100mn.
Furthermore, 50 percent of the fund’s capital will be earmarked for investment in Egypt, while capital collection is already underway.
On the other hand, the firm currently acquired 51 percent of Lebanon’s hospitality venture The Backyard Hazmie.
The company proclaimed it acquired 100 percent of the shares of General Cable Egypt from their previous owner General Cable in the U.S.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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