Browsing Category
Main
UAE Dragon Oil announces its 1st oil discovery in Egypt’s Gulf of Suez
UAE Dragon Oil Company announced a new petroleum discovery in the Gulf of Suez in Egypt.
Read More...
Read More...
Fawry Microfinance’s loan portfolio surpasses EGP 1bn
Fawry Microfinance Company, a subsidiary of Fawry for Banking Technology and Electronic Payments, has provided loans exceeding EGP 1 billion since its establishment in 2018.
Read More...
Read More...
Trade exchange bet. Egypt, Belgium posts $2B in 11 months
Trade exchange between Egypt and Belgium increased 72 percent during the first 11 months of 2021, to reach $2 billion, compared to $1.2 billion during the same period in 2020,according to the Central…
Read More...
Read More...
CIB Introduces New Segment-based Pricing for Deposits
Commercial International Bank (CIB), Egypt’s leading private sector bank, announced a new restructuring of its retail products and services that are offered to different segments, individuals and…
Read More...
Read More...
Egypt will stop accepting documentary collection in import operations, CBE
The Central Bank of Egypt (CBE) decided this week to stop accepting documentary collection in the implementation of import operations and to work with documentary credits only.
Read More...
Read More...
Fitch Solutions expects Egyptian drugs exports to increase by 4.7 % in 2022
Fitch Solutions expected that Egypt’s exports of drugs will go up by 4.7% this year, the Cabinet Information and Decision Support Center (IDSC) said.
Read More...
Read More...
Abu Dhabi Ports plans massive investment in Egypt
Abu Dhabi Ports (AD Ports Group) has earmarked around $10 billion for anticipated investments in Egypt in the coming period, its chairman Falah Al Ahbabi said.
Read More...
Read More...
Financial sector contains repercussions of pandemic without prejudice to its main role: CBE
The Egyptian financial system succeeded in containing the repercussions of the coronavirus pandemic without prejudice to its main role, with the economy continuing to achieve positive growth rates…
Read More...
Read More...
CIB included in 2022 Bloomberg Gender-Equality Index
The Commercial International Bank (CIB), Egypt’s leading private sector bank, has announced its inclusion on the 2022 Bloomberg Gender-Equality Index (GEI).
Read More...
Read More...
FAB makes a play for acquiring a majority stake in EFG Hermes
Egyptian Financial Group Hermes Holding (EFG Hermes) has received a non-binding initial offer for First Abu Dhabi Bank (FAB) to acquire a majority stake in the company's issued capital.
Read More...
Read More...