Browsing Category
Main
Export Development Bank’s board approves EGP 546m capital raise
Export Development Bank of Egypt (EBE) approved a proposal to raise its paid-up and issued capital to 3.27 billion Egyptian pounds from 2.72 billion pounds.
Read More...
Read More...
Egypt’s banking sector expected to remain stable in 2021 – Moody’s
The Egyptian banking sector is expected to be stable in 2021 even as profitability comes under pressure due to falling net interest margins and growing non-performing loans, according to Moody’s…
Read More...
Read More...
First Abu Dhabi Bank signs definitive deal to acquire Bank Audi’s Egyptian unit
First Abu Dhabi Bank (FAB) has signed a definitive agreement for the acquisition of 100 percent share in Bank Audi’s Egyptian subsidiary, the two banks announced in a joint statement on Wednesday.
Read More...
Read More...
Egypt, Sudan will sign an MoU on boosting SMEs
Egypt and Sudan will be signing a memorandum of understanding to boost cooperation on developing micro, small and medium sized enterprises and businesses ecosystem.
Read More...
Read More...
Egypt’s economy demonstrated resilience despite coronavirus crisis, says Sisi
Egypt’s President Abdel-Fattah El-Sisi has assured that despite the severity of the economic repercussions of the coronavirus pandemic, the Egyptian economy has demonstrated a resilience that helped…
Read More...
Read More...
Timing in Egypt is right for IPOs, Mohamed Omran
Mohamed Omran, Chairperson of the Financial Regulatory Authority (FRA) asserted that the timing in Egypt is right for IPOs, for both the private and governmental sectors.
Read More...
Read More...
AMSP launches COVID-19 vaccines pre-order programme for AU’s member states
The Africa Medical Supplies Platform (AMSP), on behalf of the Africa Centres for Disease Control and Prevention (Africa CDC), announced on Tuesday the launch of the COVID-19 vaccines pre-order…
Read More...
Read More...
Egypt, AfCFTA discuss boosting continental trade
Egypt’s Minister of Trade and Industry Nevine Gamea expressed Egypt’s keenness to commence with the African Continental Free Trade Area (AfCFTA), whose agreement came into effect at the beginning of…
Read More...
Read More...
UK will host 2021 UK-Africa Investment Conference
The UK Department for International Trade is set to virtually host the 2021 UK-Africa Investment Conference today.
Read More...
Read More...
European Investment Bank signs off a EUR 425m loan to Banque Misr
Banque Misr signed a loan agreement worth EUR 425 million with the European Investment Bank (EIB).
Read More...
Read More...