Egypt's Tanmiya Capital closes $130 million fund backed by EIB, IFC and EBRD

Tanmiya Capital from Egypt has finalized a 130 million dollar fund with backing from the European Investment Bank, International Finance Corporation and European Bank for Reconstruction and Development. The close exceeds the original target and draws on commitments from multiple international institutions. For Dubai and UAE readers this reflects wider foreign interest in regional private equity that can support cross-border deal flow and economic links.