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The Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) announced that it is forming a tri-party collaboration with start-up Khazna and Masria Digital Payments (MDP), a leading end-to-end e-payment solutions…
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Multilateral and bilateral development partners have offered development financings to the private sector worth $1.9 billion during the first half (H1) of 2021,according to Egypt's Minister of…
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Egypt's non-oil balance of trade recorded a deficit of $30.7 billion during the first nine months of the fiscal year (FY) 2020/2021, up by $3.5 billion or 12.7% year-on-year (YoY) from $27.3 billion,…
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Foreign investments in Egypt’s treasury bills (T-bills), one of Egypt’s key debt instruments, recorded close to EGP 350 billion (about $22.5 billion) by the end of May, according to the Central Bank…
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UK Prime Minister’s Trade Envoy to Egypt, Sir Jeffrey Donaldson, has held a virtual meeting with Yehia Zaki, Chairperson of the Suez Canal Economic Zone (SCZone), to discuss UK-Egypt bilateral trade…
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Egypt is expected to resume its initial public offering (IPO) programme for the state-owned enterprises from September through December through initiating two offerings up to three offerings, head of…
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Egypt’s government will launch the third stage of the exporters support programme on Sunday, according to Minister of Finance Mohamed Maait.
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Egypt's balance of payments (BoP) registered a surplus of $1.8 billion during the first nine months of the fiscal year (FY) 2020/2021, according to a recent report by the Central Bank of Egypt.
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The Commercial International Bank-Egypt (CIB) announced that the subscription is opened for the first green bonds to be issued in the local market after obtaining preliminary approval from the…
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Egypt's petroleum sector attracted $6 billion worth of foreign direct investment (FDI) during 2020 despite the challenges posed by the coronavirus (COVID-19) pandemic, Minister of Petroleum and…
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