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The National Bank of Kuwait (NBK) expected Egypt’s economy to improve further in the coming quarter upon hopes of sustainable progress in the vaccination campaign and a faster recovery in the global…
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President Abdel Fattah al-Sisi ordered has ordered delaying the enforcement of the recent controversial amendments to the real estate law for a period of no less than two years to allow time for…
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Beltone Financial Holding incurred consolidated net losses of 132.42 million Egyptian pounds  in 2020, up by 45 percent year-on-year (YoY) from 91.50 million pounds, excluding minority shareholders’…
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Heliopolis Company for Housing and Development postponed the sealed-envelope auction to sell two lands plots dedicated for residential use in New Heliopolis City to 31 March.
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The Commercial International Bank – Egypt (CIB) reported consolidated net profits of 10.23 billion Egyptian pounds in 2020, down by 13.24 percent year-on-year (YoY) from 11.8 billion pounds,…
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), kicked offits3rd Virtual Investor Conference today.
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its Investment Banking team has successfully completed advisory on Alkhorayef Water…
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Oriental Weavers Carpet logged EGP 1.11 billion in consolidated net profits during 2020, down by 29.9% year-on-year (YoY) from EGP 855.07 million, including minority shareholders’ rights.
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The Egyptian Exchange (EGX) plans to launch a new index to track the performance of small- and medium-sized enterprises (SMEs) during this year. The “Tamayoz” index will include the best SMEs in…
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The Agricultural Bank of Egypt (ABE) allocated EGP 31bn in loans to micro-, small-, and medium-sized enterprises (MSMEs) during 2020, according to ABE Chairperson Alaa Farouk.
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