Egypt’s Social Housing and Mortgage Finance Fund and Crédit Agricole Egypt have signed a cooperation agreement to support low- and middle-income citizens. Read More...
Egypt's annual headline inflation rate increased by 0.6 percent month-on-month (MoM) to 110.9 points in March, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Thursday.… Read More...
Banks operating in Egypt are predicted to face further pressure on operating profitability during 2021 on lower interest rates and higher loan impairment charges, Fitch Ratings said in a report. Read More...
The International Monetary Fund (IMF) said that Egypt’s fiscal position has improved over the past six months, though debt is expected to rise at a quicker pace than before according to Figures in the… Read More...
EFG Hermes announced a new partnership between its NBFI subsidiaries valU for consumer finance and PayTabs Egypt with LuLu Group International in Egypt for a burden free shopping. Read More...
Egypt has become one of the world’s top 10 fertilizers exporters as the Egyptian government pays big attention to developing the fertilizer industry and production, Trade and Industry Minister Nevine… Read More...
The International Monetary Fund (IMF) has predicted that the Egyptian economy will continue its positive growth this fiscal year (FY) 2020/21, recording 2.5 percent. Read More...
The Financial Regulatory Authority (FRA) would introduce caps on how much stock investors can buy with borrowed funds in order to rein in margin trading, the regulator said (pdf) yesterday. Read More...