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Egyptian expats’ remittance inflows to Egypt grew in FY2021/2022 by 1.6 percent to post $31.9 billion, up from $31.4 billion recorded in FY2020/2021, the Central Bank of Egypt (CBE) announced on…
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Misr Italia Properties achieved contractual sales that amounted to EGP 4.2bn in the first half (1H) of 2022 — a 58% increase compared to 1H 2021.
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Minister of Environment Yasmine Fouad held a virtual meeting on Tuesday with development and management partners within the framework of the Africa Waste 50 Initiative.
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The consolidated net profits of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) climbed by 48.4% year-on-year (YoY) in the first half (H1) of 2022, reaching EGP 1.01 billion, including minority…
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Egypt’s Minister of Environment, Yasmine Fouad, signed a €4m grant agreement with the European Union on Sunday, to support the country’s efforts in environmental protection.
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Import operations of finished goods have been halted completely since March after the Central Bank of Egypt’s (CBE) decision to cancel dealing with documentary collections and replace them with…
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A total of about 259.121 million shares in Beltone Financial subscribed on Wednesday to Abu Dhabi-based Chimera Investment’s mandatory tender offer (MTO), making up to 55.9% of the Egyptian company’s…
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The Financial Group for Securitization will be the first in Egypt to securitise future flows on behalf of the Cairo for Investment and Real Estate Development (CIRA), following the Financial…
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MIDBANK has announced the launch of “MID-GO, Go with Your Ambition”.
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Orascom Financial Holding, which is owned by well-known Egyptian millionaire Naguib Sawiris, has accepted an offer extended by UAE-based Chimera Investments to acquire a controlling stake in…
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