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The volume of Islamic banking in Egypt registered EGP 390bn in June 2021, accounting for 5.1% of the banking market share with an increase of EGP 42.4bn (12.2%) over March 2020, said head of the…
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The Egyptian Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has financed 1,249 micro and small enterprises in Qena with EGP 29.5 million from January to July, according to local press
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Egypt has  completed all designs related to the establishment of the first Egyptian specialised hospital in Djibouti, according to The Egyptian Minister of Health and Population, Hala Zayed, 
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The Housing and Development Bank (HDB) achieved profit before tax (PBT) of EGP 1.45bn during the first half (H1) of this year, compared to EGP 1.309bn in H1 2020, an increase of EGP 141m (10.8%),…
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The Commercial International Bank (CIB) – Egypt has added the Cashback credit card to the Bank’s portfolio of cards, which allows customers to receive up to EGP 500 cashback per month on everyday…
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The Egyptian Exchange (EGX) has issued decision no. 617 of 2021, granting small- and medium-sized enterprises (SMEs) a week ending on 31 August to contract with a registered sponsor.
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Egypt's non-oil exports increased by 22% year-on-year (YoY) to $17.701 billion in the first seven months of 2021, compared to $14.552 million, Minister of Trade and Industry Nevine Gamea revealed.
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The Egyptian Ministry of Electricity has invested EGP 1.5 billion in upgrading electricity networks in Beni Suef since 2014. 
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Kuwait has agreed to extend the maturity of $2 billion of deposit it made with Egypt’s central bank and which were due to mature in April 2021, a recent central bank data showed.
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The European Bank for Reconstruction and Development (EBRD) has agreed to provide to ElSewedy’s subsidiary United Metals Company (UMC) a two-year, USD 25 mn facility to finance the company’s working…
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