Browsing Category
Main
Egypt’s non-oil exports hit $7.5bn in Q1-21
Egypt's non-oil exports increased to $7.5 billion in the first quarter (Q1) of 2021, compared to $6.5 billion in Q4-20, according to data by the cabinet's Information and Decision Support Center.
Read More...
Read More...
Egypt signs 1st green, Islamic credit facility contract worth $2B
Egypt, represented by the Ministry of Finance, signed Thursday the first green and Islamic credit facility contract, worth $2 billion, for a period of 3 years.
Read More...
Read More...
NBE to acquire 20% of Mwasalat Misr via capital increase
The National Bank of Egypt (NBE) has signed a shareholder agreement with Mwasalat Misr to acquire 20% of the company’s shares by injecting new capital into the transport services provider.
Read More...
Read More...
Egypt’s PMI drops for 4th consecutive month to record 48.9 in September
IHS Markit’s PMI is a composite gauge designed to give a single-figure snapshot of operating conditions in the non-oil private sector economy in Egypt.
Read More...
Read More...
Banque Misr ranked as lead arranger for syndicated loans in Egypt- Bloomberg
Banque Misr was ranked as the top lead arranger for syndicated loans in Egypt in 9M2021, according to a Bloomberg league table, the bank said in a press release (pdf).
Read More...
Read More...
NBE maintains top spot for syndicated loans in Egypt
The National Bank of Egypt (NBE) is also out with a statement on its 9M performance in the syndication market, saying in a press release (pdf) it was ranked third as facility agent, fourth as…
Read More...
Read More...
Egypt, Saudi Arabia sign $1.8 billion contracts to link electricity grids
Egypt and Saudi Arabia have on Tuesday signed contracts to connect the two countries’ power grids, in a project that could enable them to exchange as much as 3 gigawatts of electricity capacity.
Read More...
Read More...
HSBC Egypt launches Evolve to facilitate FX trading for corporate clients
HSBC Egypt announced the launch of HSBC Evolve platform, granting corporate clients access to a fully integrated and customisable FX trading execution journey, from pre-trade through to post-trade, in…
Read More...
Read More...
AmCham-Egypt mission starts door knock mission to U.S.
The American Chamber of Commerce in Egypt (AmCham Egypt) has started yesterday its annual 43rd door-knock mission to the U.S. aimed at bolstering bilateral cooperation between the two countries.
Read More...
Read More...
Attijariwafa Bank Egypt net profit jumps 65% in six months
Attijariwafa Bank Egypt reported a 65 percent growth in net profit after tax for the first six months of the year.
Read More...
Read More...