Looking for a good investment? Consider Egypt: finance minister

If I were an investor, I would come to Egypt now, not later, because this is the time when you establish a position, and then later when the economy recovers, this is when you will make your returns.” The interim government’s transition plan includes parliamentary elections in around six months, but supporters of Morsi remain camped out in protest in Cairo, despite being urged by the government to move. Egypt: People’s Revolution or Military Coup? Yousef Gamal El-Din reports live from Cairo on the latest events in Egypt following the ousting of President Morsi by the military last night. Galal said the country’s difficulties were less severe than those facing the ex-Soviet bloc countries when they liberalized their economies in the 1990s, and forecast economic growth of 3.0-to-3.5 percent this year. The Egyptian economy expanded by 2.2 percent in the first quarter of 2013, sharply down from 5.2 percent a year before.

Merlin Response Team Finance Coordinator

“Ekahau’s innovative technology platform delivers real-time location intelligence enabling a broad range of public and private sector enterprises to enhance their operational visibility and increase productivity.” Mark Norris, President and CEO of Ekahau stated, “We appreciate Horizon’s support and confidence in Ekahau. Horizon provided growth capital that matched Ekahau’s financing needs with an appropriate structure and attractive terms. We look forward to working with Horizon as we maintain our focus on driving growth in the healthcare, retail and education markets.” About Horizon Technology Finance Horizon Technology Finance Corporation is a business development company that provides secured loans to development-stage companies backed by established venture capital and private equity firms within the technology, life science, healthcare information and services, and clean-tech industries. The investment objective of Horizon is to maximize total risk-adjusted returns by generating current income from a portfolio of directly originated secured loans as well as capital appreciation from warrants to purchase the equity of portfolio companies.

Horizon Technology Finance Leads $6 Million Venture Loan Facility for Ekahau

Prepare as required project budgets and financial reports for donors Administration and information management Lead the establishment of administrative and financial systems to ensure the smooth running of Merlin base and ensure these are adhered to by the team Ensure all proposals, reports and contracts are filed in both hard and soft copy. Develop, update and circulate donor and funding tracking systems Ensure Merlin procedures for authorisation and sign off are followed. Budgetary responsibility may be required in some contexts. Maintain regular communications with head office using the established procedures Ensure that reports and communication materials are produced for both internal and external distribution as requested by the HO desk and as stated in the operational contracts signed with donors, including monthly and quarterly reports Support the development and writing of sitreps Ensure team members are aware of donor requirements, guidelines, and compliance issues Coordinate the development of regular, timely and accurate narrative and financial reports for Merlin and donors.


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