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The Commercial International Bank (CIB), Egypt’s leading private sector bank, has revealed it achieved outstanding results in its digital transformation during 2020, and is currently the market leader…
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Egypt’s government has launched the second phase of export support initiative to repay the exporters their overdue, announcing that the registration will open as of 7 February through until the end of…
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The investment cost of new projects contracted by industrial developers to be carried out in the Ain Sokhna Industrial Zone in 2020 hit $1.077 billion, the Suez Canal Economic Zone (SCZone) announced.
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Bank Audi – Egypt has seen net profit before taxes of 2.1 billion pounds at the end of December 2020 with an increase of 16.7 percent, despite the consolidation of the burden of impairment from credit…
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Egypt’s Minister of Finance Mohamed Maait has revealed that the country’s new tax incentives included in the Law on the Development of Micro, Small and Medium Enterprises (MSMEs) encourage them to…
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The net profits of Misr Chemical Industries hiked by 474 percent year-on-year (YoY) to EGP 82.26 million during the first half (H1) of fiscal year 2020/2021, compared to EGP 14.34 million in the…
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 The Central Bank of Egypt (CBE) will issue treasury bonds and bills valued at EGP 26 billion on Sunday, in coordination with the Ministry of Finance, to finance the budget deficit.
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that its investment banking division successfully concluded advisory on Agthia Group’s acquisition…
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Large and persistent fiscal deficits in most emerging and frontier market economies are expected to persist in 2021, albeit to a smaller extent than in 2020, according to the International Monetary…
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Nigeria is looking to benefit from Egypt’s expertise in combating terrorism, Joe Keshi, the Special Envoy of the Nigerian President, told Egyptian President Abdel-Fattah El-Sisi in Cairo on Wednesday.
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