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Wadi Degla Developments is planning nearly 2 billion Egyptian pounds sukuk issuance worth that will be managed by Contact Financial (previously known as Sarwa Capital) and Banque Misr investment arm…
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Foreign holdings of Egyptian treasury bills jumped to  $20.8 bn (327 billion Egyptian pounds) as of the end of April, up from $20 bn (314 bn pounds) in March, according to central bank figures…
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Egypt has assigned more than EGP 600 billion for the implementation of the national project for rural development for the next three to four years, according to The Minister of Finance, Mohamed Maait.
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Total number of subscribers to Digital Egypt platform reached 2.2 million, compared to 1.8 million in mid-April, according to the Egyptian Minister of Communications and Information Technology, Amr…
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Why are 600 mn Africans still without power?, This is a question the Financial Time tries to answer as the continent remains woefully disconnected from the grid.
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Orascom Financial Holding (OFH) cut its stake in Beltone Financial Holding by 4.45% to 70.1% from 74.55%.
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Egypt’s Minister of Planning and Economic Development Hala El-Saeed has revealed that EGP 74bn has been allocated to the agricultural sector as part of the plan. Speaking during her review of the…
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Egypt’s local liquidity rose by EGP 53 billion i.e 1% month-on-month (MoM) to EGP 5.184 trillion in April, hitting its highest level ever recorded, according to data released by the Central Bank of…
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Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, rose by 12.25% month-on-month (MoM) to 116.84 (initial) in March from 104.09 (final) in February,…
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The Egyptian Exchange (EGX) ended May on a varied note with the market cap rising by EGP 5 billion.
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