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 Six of October Development and Investment (SODIC) announced that its wholly-owned subsidiary SODIC for Securitization closed its first securitisation bond issuance of EGP 343 million
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Egypt’s economy is expected to grow 5.0 percent in the financial year 2021-2022 that ends in June next year, a Reuters survey showed on Monday.
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The Central Bank of Egypt (CBE) has directed all banks operating in the local market to take the necessary measures to implement sustainable financing principles.The Central Bank of Egypt (CBE) has…
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 The European Bank for Reconstruction and Development (EBRD) has approved a EUR 25 million ($29.6 million) loan for Egypt's October Dry Port Company.
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Egypt achieved a primary surplus of EGP 93.1 billion during fiscal year (FY) 2020/2021, making up 1.4% of the country's gross domestic product (GDP).
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The first round of the joint Higher Committee’s preparatory meetings at the expert and ministerial levels between Egypt and South Sudan were held on July 27, which is considered the first joint…
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Egypt's exports of ceramics and sanitaryware declined by 8.2% year-on-year (YoY) to $89 million in the first five months of 2021, compared to $97 million, according to a report by the Export Council…
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Contact Financial Holding has closed its second Sukuk issuance worth EGP 2.5 billion by its Sukuk arm, Sarwa Sukuk Company.
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Egypt’s exports of crude iron and steel surged by 179% to $584 million during the first five months of 2021 from $209 million in the same period last year.
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African Export-Import Bank (Afreximbank) and the Bankers Association for Finance and Trade (BAFT) today announced the launch of a series of training workshops for African respondent banks to enhance…
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