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The gap between advanced economies and emerging markets in economic growth will  widen by 22 percent between the years 2020 and 2022, said Geoffrey Okamoto, the First Deputy Managing Director at the…
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Rating agency Capital Intelligence (CI Rating) has affirmed Banque du Caire’s B + rating for its creditworthiness with a stable outlook, said its chairman Tarek Fayed on Sunday.
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Egypt’s stock exchange’s (EGX) indexes closed lower on Sunday, with the benchmark EGX 30 index tumbling 1.06 percent to 10,802 points driven by Arab and foreign investors’ selloff.
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Egypt’s Samcrete Engineers and Contractors (SMCS) has signed binding agreements to establish two new road projects in Congo with total worth of $350 million, in addition, it is studying the…
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The National Bank of Egypt, the country’s biggest state-run lender, plans to set up a subsidiary in South Sudan and open new branch in Saudi Arabia, a senior official said on Sunday.
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The Central Bank of Egypt (CBE) has revealed that the total financial position of banks operating in the local market, other than itself, rose by EGP 1.166trn year-on-year (y-o-y).
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Transport Minister Kamel El-Wazir discussed on Friday with Italian Ambassador in Cairo Giampaolo Cantini boosting cooperation in regards to operating regular navigational lanes between Egyptian and…
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The upcoming Real Gate Conference and Exhibition is set to present unmatched offers on more than 150 real estate projects in Egypt, when the event takes place on 25-27 March.
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Egypt’s tourism sector could continue to face challenges in the short and medium terms in returning to pre-pandemic growth levels if there are any delays in deploying vaccination programs both on the…
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Egypt’s central bank has kept its key interest rates unchanged on Thursday, saying inflation as inflation remained below target and growth seen to be picking up.
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