Main

Vodafone Egypt has signed a memorandum of understanding to acquire a 20 percent stake in each of Bee and Masary — both subsidiaries of non-banking financial services provider Ebtikar.
Read More...

Egypt’s exports to African countries, estimated to be worth $4.7 billion, are projected to double over the coming four years in the event that all the African Continental Free Trade Agreement’s…
Read More...

The Central Bank of Egypt (CBE) has revealed that the percentage of non-performing loans (NPLs) at banks working in the Egyptian market recorded 3.4% in September 2020.
Read More...

Egypt’s President Abdel Fattah Al-Sisi has held a telephone meeting with his Guinea-Bissau counterpart Umaro Sissoco Embaló, during which the two sides discussed bilateral relations.
Read More...

Egyptian Food Export Council is planning to organize five trade missions during the current year to the African market, in order to increase the food sector exports.
Read More...

Abu Dhabi Islamic Bank Egypt (ADIB Egypt) announced on Sunday its net profit grew to 1.95 billion Egyptian pounds ($124.7 million) in 2020
Read More...

Guinea-Bissau's President Umaro Cissoco Embalo hailed Egypt’s efforts in advancing the African joint work, as he made a phone call with his Egyptian counterpart, Abdel Fattah El-Sisi on Saturday.
Read More...

Egypt is predicted to see its investment climate become favourable, especially following the strengthening of the banking system’s regulations, according to Elena Sanchez, Head of Financials at EFG…
Read More...

Russia has offered to provide 300 mn doses of its Sputnik V vaccine to the African Union along with financing for countries that want to secure shipments, the African Union’s vaccine procurement body…
Read More...

The Central Bank of Egypt (CBE) has collaborated with the Financial Regulatory Authority (FRA) to launch an innovation sprint to address the challenges caused by the novel coronavirus (COVID-19)…
Read More...