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EFG Hermes said that the Arab Investment Bank (aiBank) had been valued between 900 million Egyptian pounds and 1.2 billion pounds ($57.3 million and $76.5 million), projecting share fair market value…
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The European Union (EU), the European Investment Bank (EIB), and Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) visited, on Wednesday, three projects in the second phase of…
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Six of October Development and Investment (SODIC) has hired EFG Hermes along with an international investment bank as financial advisors to study the preliminary acquisition offer submitted by an…
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Egypt’s stock exchange’s (EGX) indexes ended lower on Wednesday, with the benchmark EGX 30 index tumbling 1.85 percent to 10,115 points.
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The Agricultural Bank of Egypt (ABE) will be printing the terms and conditions for opening individual accounts in Braille so that the visually impaired can access its banking services to the visually…
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The Investor Protection Fund (IPF) will expand its coverage to stock market losses if a listed company is ordered by regulators to delist shares, according to updated regulations (pdf) published by…
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Inertia Egypt signed a contract with Banque Misr to obtain a medium-term Islamic funding worth EGP 1.1 billion to finance the company’s project in the North Coast.
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Egypt and Kenya have held a round of virtual consultations to discuss regional issues, focusing on African issues on the UN Security Council’s agenda
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Telecom Egypt and Sudatel Telecom Group (STG) signed a memorandum of understanding (MoU) to boost cooperation in international connectivity between Egypt and Sudan.
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Amazon Payment Services has announced it will waive all fees for new micro, small, and medium enterprises (MSMEs) wishing to benefit from its services in Egypt.
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