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e-Cards, a subsidiary of e-finance For Digital and Financial Investments, has inked a 10-year contract to supply and manage smart cards to Tres Groupe International (TGI) in Zimbabwe.
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Trade exchange between Egypt and Djibouti increased 39.1 percent to $86.5 million during the first 10 months of 2021, compared to $62.2 million during the same period in 2020, according to the Central…
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Chairman of the Financial Regulatory Authority (FRA) Mohammed Omran discussed in a meeting with a delegation from the American Chamber of Commerce in Egypt (AmCham Egypt) ways of luring investments to…
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Secretary-General of the United Nations António Guterres said that the Conference of Parties to the United Nations Framework Convention on Climate Change (COP 27) that will be held in Egypt is a…
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Egypt issued a decision to establish a textile industries council headed by the minister and includes a number of other state officials and experts in the field, Minister of Trade and Industry Nevine…
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African Export-Import Bank (Afreximbank) announced an investment by its development impact-oriented subsidiary; the Fund for Export Development in Africa (FEDA), into TND SA, a leading FMCG Company in…
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Banque Misr has invested $201.1 million in African Export-Import Bank (Afreximbank), of which $80.5 million is a paid-in amount in Afreximbank’s capital increase.
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Egypt’s net foreign reserves inched up to $40.980 billion at the end of January from $40.934 billion at the end of December, a central bank data showed.
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The IHS Markit Egypt Purchasing Managers’ Index (PMI) decreased to 47.9 points in January 2022 from 49 in December, marking the lowest level seen in the country's non-oil private sector economy since…
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The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged during its…
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