Main

Egypt discussed the necessity of digitizing the world’s industries and trade channels in alignment with the global sustainability targets with the United Nations Industrial Development Organization…
Read More...

Egypt’s real gross domestic product (GDP) will grow 4.5 percent in the financial year 2021/2022 – down from projections in October – and then the economy will boom 5.5 percent in the 2022/2023, the…
Read More...

The Egyptian Exchange (EGX) approved the mythology of the new Tamayoz index, expected to be launched in the coming days.
Read More...

Egypt will host the first forum for the heads of African investment authorities in the South Sinai resort city of Sharm El-Sheikh from 11 to 14 June, the cabinet announced on Monday.
Read More...

alaat Mostafa Holding has revealed plans for a new city east of Cairo with an investment cost of 500 billion pounds ($31.8 billion).
Read More...

African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small and medium-sized enterprises (SMEs) and trade finance in the North African country,…
Read More...

Egypt is set to establish a state-run company to manage the issuance of sovereign Sukuk, following the approval of the law by the Parliament, the Minister of Finance, Mohamed Maait, said.
Read More...

Export Development Bank of Egypt (EBE) plans to achieve profits worth EGP 844 million during the 18-month period from 1 July 2020 to 31 December 2021, according to a bourse disclosure on Monday.
Read More...

The Housing and Development Bank (HDB) has announced that its pre-tax profits amounted to EGP 862m, whilst it reported net profit after taxes amounting to EGP 620m.
Read More...

Egypt’s net international reserves increased about $125m to record $40.468bn in May, compared to $40.343bn in April 2021, The Central Bank of Egypt (CBE) said.
Read More...