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The balance of trade deficit in Egypt shrank by 14 percent year-on-year (YoY) to $3.28 billion in December 2020, compared to $3.81 billion at the same period a year earlier, according to new data…
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Abu Dhabi Commercial Bank (ADCB) has appointed Cl Capital lnvestment Banking as its financial advisor to organise the sale of its 51.54% stake in Alexandria Medical Services - Alexandria New Medical…
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The Central Bank of Egypt’s (CBE) board of directors approved the rules regulating the multicurrency real-time gross settlement (RTGS) system.
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Shell Egypt and one of its subsidies signed an agreement to sell their upstream assets in Egypt’s Western Desert to a consortium consisting of subsidiaries of Cheiron Petroleum Corporation and Cairn…
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The Egyptian government offers subsidies worth 86 billion Egyptian pounds for commodities and food subsidies each year, the Minister of Supply and Internal Trade, Ali El-Moselhy, revealed.
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Egypt’s stock exchange’s (EGX) indexes closed lower on Monday, with the benchmark EGX 30 index slumping 0.85 percent to 11,459 points, due to foreign investors’ selloff.
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Egypt is planning to launch a new export support programme by the beginning of fiscal year 2021/2022
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African Development Bank (AfDB) announced allocating a $2 million grant to establish the African Cybersecurity Resource Centre (ACRC) for Financial Inclusion, for the sake of tackling cybercrime…
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Egypt’s net foreign reserves inched up by $100 million to $40.200 billion at the end of February from $40.100 billion in January, the central bank said in a statement on Sunday.
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Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking; the list includes N0ational Bank of Egypt’s Executive Chairman
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