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Egypt’s Cabinet has renewed Mohamed Farid’s mandate as chairman of the country’s stock Exchange (EGX) for another four years, an EGX statement showed on Sunday.
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Societe Arabe Internationale de Banque (SAIB) has succeeded in becoming one of the most important banks operating in the Egyptian market over three years under Tarek El-Khouly leadership who achieve…
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The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25…
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The Egyptian Exchange (EGX) said that 298.62 million shares of Blom Bank Egypt's total 300 million shares have been sold in a mandatory tender offer (MTO), according to a statement on Thursday. 
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The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is expected to keep interest rates unchanged for the sixth time in a row in its next meeting on Thursday, 5 August, as the inflation…
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Egypt’s balance of trade deficit increased by 10.0% year-on-year (YoY) to $3.34 billion in May from $3.04 billion, according to data released by the Central Agency for Public Mobilization and…
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Africa announces the start of monthly shipments of vaccines acquired by the AU / African Vaccine Acquisition Trust (AVAT) to the AU Member States today, President Cyril Ramaphosa, President of the…
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Toyota Egypt Group, the sole distributor for Toyota Motor Corporation products and one of Egypt’s largest automotive distributors, has recently announced a digital transformation partnership with…
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Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on improvements in the country’s operating environment since end of the third quarter…
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The International Finance Corporation (IFC), a World Bank member, announced on Tuesday it is investing $100 million in Egypt’s first private sector green bond, issued by the Commercial International…
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