Browsing Category
Main
e-finance soars 43% in first minutes of initial IPO
The stock of e-finance For Digital and Financial Investments jumped during the first few minutes of its trading debut on the Egyptian Exchange (EGX).
Read More...
Read More...
SAIB approves exit from Cairo National Company for Brokerage and Securities
The board of directors of Societe Arabe Internationale de Banque (SAIB) approved a decision to exit from Cairo National Company for Brokerage and Securities.
Read More...
Read More...
Egypt, Greece trade exchange hits $1bn in H1-21
Bilateral trade between Egypt and Greece jumped by 112.8% year-on-year (YoY) to $1 billion in the first half (H1) of 2021, compared to $477.6 million, according to data released by the Central Agency…
Read More...
Read More...
Egypt, Greece, Cyprus sign electricity linkage MoUs
The USD 4 bn EuroAfrica Interconnector project, which will connect the electrical grids of Egypt, Greece, and Cyprus, got a huge boost over the weekend after Egypt signed MoUs with Greece and Cyprus.
Read More...
Read More...
Egypt targets growth rate of 5.4%, deficit reduction to 6.7% in 21/22
The Egyptian government aims during the current fiscal year to achieve a primary surplus of 1.5 percent of GDP, reduce the total deficit to 6.7 percent, and reach growth rates of 5.4 percent,…
Read More...
Read More...
EBRD’s current visit to Egypt supports economy, private sector: Pilloux
Alain Pilloux, vice president of the European Bank for Reconstruction and Development (EBRD) is visiting Egypt from October 17-20 for high-level meetings with government officials to discuss the…
Read More...
Read More...
Remittances from Egyptian expats record $18.7B in 7 months, $2.79B in July
Remittances from Egyptian expatriates climbed 10.2 percent or $1.7 billion during the first seven months of 2021, recording $18.7 billion, compared to $17 billion during the same period of 2020,…
Read More...
Read More...
Egypt’s exports to Spain jump 69.1% in H1 of 2021
Egypt's exports to Spain largely increased 69.1% to record €450.7 million in the first half of 2021 compared to €266.4 million during the same period in 2020, according a report on the Egyptian…
Read More...
Read More...
Mashreq Bank signs partnership with Visa to support e-payments, digital solutions
Mashreq Bank Egypt has announced a strategic long-term partnership with Visa, the world’s leader in digital payments technology to support e-payments and provide digital solutions through the launch…
Read More...
Read More...
National Bank of Egypt offers EGP 3.9bn in debt help for 45 defaulting businesses
The National Bank of Egypt (NBE) has managed to support a number of defaulting businesses and bring their economic activities back to life.
Read More...
Read More...