Browsing Category
Main
Egypt’s cooperation minister takes part in 2021 UN ECOSOC forum on investing in SDGs
The Egyptian Minister of International Cooperation, Rania El-Mashat, took part in the 2021 United Nations Economic and Social Council (ECOSOC) High-Level Political Forum on sustainable development…
Read More...
Read More...
Egypt-South Sudan trade exchange hits $707k in 2020
Bilateral trade between Egypt and South Sudan amounted to $707,000 in 2020, the Minister of Trade and Industry, Nevine Gamea, revealed.
Read More...
Read More...
EFG Hermes completes advisory on Raya acquisition of Gulf Customer Experience
EFG Hermes has announced that its Investment Banking division successfully concluded advisory on Raya Contact Centre’s acquisition of an 85% stake in Bahrain-based call centre company Gulf Customer…
Read More...
Read More...
Egypt’s FRA grants first SME funding licence in non-banking sector
The Egyptian Financial Regulatory Authority (FRA) has licensed a micro-funding company to provide funding to small- and medium-sized enterprises (SMEs), the first licence given to a non-banking…
Read More...
Read More...
Suez Canal’s FY20/21 revenue hits record high
Despite the challenges facing the canal during the period, the authority posted a record-high revenue of $5.84 billion during fiscal year (FY) 2020/2021, up by 2.2% from $5.72 billion in FY19/20, ,…
Read More...
Read More...
Egypt sets 5.4% GDP growth target for 2021/2021 financial year – minister
Egypt has set a 5.4 percent GDP growth target for the financial year 2021-2022 that began in July, Planning Minister said.
Read More...
Read More...
Banque du Caire to increase SME loans to EGP 22 billion year-end
Egypt’s Banque du Caire aims to expand its financing for small and medium-sized enterprises (SMEs) to 22 billion Egyptian pounds ($1.4 billion) by end of the year, a senior official said
Read More...
Read More...
Egypt’s external debt rises to $134.8 billion at March-end
Egypt’s external debt rose 21.15 percent year-on-year to $134.8 billion at the end of March from $123.5 billion in the same period last year, a central bank data showed on Sunday.
Read More...
Read More...
Egypt’s Abu Dhabi Islamic Bank to set up securitisation firm
The board of directors of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) approved a decision to proceed with setting up a securitisation company.
Read More...
Read More...
Egypt’s trade deficit shrinks 13.3% in April – CAPMAS
Egypt’s balance of trade deficit narrowed by 13.3% year-on-year (YoY) to $3.1 billion in April from $3.5 billion, according to data released by the Central Agency for Public Mobilization and…
Read More...
Read More...