Browsing Category
Main
France to encourage more investments in Egypt – minister
France is keen to encourage more investments in Egypt, aiming to boost bilateral strategic cooperation and provide the North African country with the most up-to-date technologies, said minister of…
Read More...
Read More...
Egypt’s exports to France rise to $355m in H1-21
Egypt's exports to France increased by 43.8% year-on-year (YoY) to $355.1 million in the first half (H1) of 2021, compared to $247 million, according to data by the Central Agency for Public…
Read More...
Read More...
NBK-Egypt logs EGP 1.05bn profit in 9M
The National Bank of Kuwait-Egypt (NBK-Egypt) reported net profits of EGP 1.050 billion in the first nine months of 2021, slightly down from EGP 1.097 billion in the corresponding period a year…
Read More...
Read More...
Afrixm Bank, Islamic Trade Finance approves $250M facility to support Africa
African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), signed a US$250 million facility to provide funds for the Bank to advance procurement of…
Read More...
Read More...
Egypt, Niger discuss ways to enhance economic cooperation
Egypt’s Minister of State for Military Production Mohamed Morsy and Nigerian Ambassador to Egypt Mohamed El-Salahi discussed ways to enhance economic and investment cooperation between the two sides.
Read More...
Read More...
Egypt’s food exports to EU up to $437M in 8M
Egypt’s food exports to EU countries jumped 31 percent during the period from January to August 2021, registering a rise estimated at $437 million, compared with the same period a year earlier, the…
Read More...
Read More...
CBE, GAFI, and I-Score agree to exchange data electronically, facilitate procedures for investors
The Central Bank of Egypt (CBE) signed a cooperation protocol with the General Authority for Investment and Free Zones (GAFI) and the Egyptian Credit Bureau (I-Score) to exchange data and information…
Read More...
Read More...
Egypt’s annual headline inflation jumped to 7.3% in October – CAPMAS
Egypt's annual headline inflation rate recorded 7.3% in October, compared to 4.6% in the same month a year earlier and 8.0% in September 2021, official data showed.
Read More...
Read More...
South African Vodacom submits initial offer to acquire stake in Vodafone Egypt
Telecom Egypt announced that the South African group Vodacom has made an initial offer to acquire Vodafone Group's stake in Vodafone Egypt.
Read More...
Read More...
Egypt’s Housing Bank posts an increase in its standalone profits in 9M
Housing and Development Bank (HD Bank) logged standalone net profits of EGP 1.43 billion in the first nine months of 2021, slightly up from EGP 1.42 billion in the year-ago period, the unaudited…
Read More...
Read More...