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The National Bank of Egypt (NBE) has acquired a 24 percent stake in Aman for Non-Banking Financial Services, in a deal worth EGP 480m.
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The European Investment Bank (EIB) has provided Egypt’s Banque Misr with a €425 million credit line to support local private small and medium-sized enterprises (SMEs) that have been affected by the…
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Elsewedy Technical Academy (STA) has announced the signing of a memorandum of understanding (MoU) with the Egyptian German Technical Academy (EGT Academy) to support technical and vocational education…
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The Egyptian Commercial Service (ECS) has made available investment opportunities of $573 million for the Egyptian exporters during 2020 according to the ministry of industry report.
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Canada’s Endeavour Mining, 24.12 percent owned by the Sawiris family, has increased its stake to 80 percent in the Fetekro Project in Côte d’Ivoire, compared to 65 percent currently.
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The Egyptian Central Bank has released its latest Financial Stability Report for 2019, which takes a deep dive into a range of risk scenarios for Egypt and how they might be managed should they come…
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Egypt is aiming to achieve a 2 percent of initial surplus to GDP ratio in the current FY2020/2021 while attaining a 6.3 percent total budget deficit, according to the Central Bank of Egypt (CBE).
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Reuters looks at how Egypt is working to maintain its position as the world’ leading exporter of the citrus fruit, by sticking to strict quality control.
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Egypt and the European Investment Bank (EIB) have signed a €1.128 billion ($1.4 billion) agreement to support investments in the rehabilitation and expansion of metro and tram systems in Alexandria…
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The Central Bank of Egypt (CBE) decided extending the suspension of fees on cash withdrawals from ATMs and exempting clients from fees and commissions on banking transactions in Egyptian pounds until…
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