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Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, fell by 5.85% month-on-month (MoM) to 102.72 (initial) in May from 109.10 (final) in April,…
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Egypt’s local liquidity continued its upward trend, advancing by EGP 103 billion or 1.9% month-on-month (MoM) to EGP 5.36 trillion in June, hitting its highest level ever recorded, compared to EGP…
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The Financial Brokerage Group continues to occupy first place among Egypt’s brokerage companies in July, with a turnover of EGP 22.6 billion, making up 30.2% of the total traded value, through the…
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The main Egyptian Exchange (EGX) index, the EGX 30, closed at 10,742.23 points recording weekly gains of 0.9% at the end of trading last week, to record the 10,860 to 10,935 points range as a key…
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Arab Bank Group reported net income after tax of $182.4 million as compared to $152.1 million for the same period last year, recording a growth of 20%.
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Fitch Ratings is forecasting that Egypt’s real GDP growth will recover to 5.5 percent in the financial year (FY) 2022/2023 that ending June 2022, the rating agency said in a recent report.
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Moody’s has affirmed Egypt’s credit rating at B2 with a stable outlook that balances the country’s “significant shock exposure” with our track record of successfully weathering volatility, the ratings…
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The Commercial International Bank-Egypt (CIB) has submitted a request to list its capital raise shares on the Egyptian Exchange (EGX).
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Egypt's government investments surged by 50.5% year-on-year (YoY) to EGP 289 billion during fiscal year (FY) 2020/2021. 
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Egyptian Minister of Finance, Mohamed Maait, said that more than 1,600 companies have applied for the third phase of the immediate disbursement of export subsidies initiative since 4 July.
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