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Egypt-based investment and financial holding company topped the EGX’s brokerage league table once again in March, with a market share of 23.5%, according to figures from the EGX.
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Egypt’s first Arab multinational bank Arab African International Bank (AAIB) reported on Monday a 70.7 percent year-on-year growth in net profit after tax for 2021.
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The Egyptian political leadership pays great attention to commercial representation for its key role in fostering economic and trade relations with world countries and international economic blocs,…
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Crédit Agricole Egypt (CAE) celebrated the opening of its new Palm Strip branch in Sixth of October City in continuation of its strategy to expand in the growing urban area.
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Sheikh Khalifa bin Ibrahim, Chairperson of the Bahrain Bourse, has revealed during the annual conference of the Arab Federation of Capital Markets that there is a plan in place to offer five state-run…
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Egypt is planning to lower its debt to GDP ratio to below 90 percent by the end of the current FY2021/22 — which will conclude at the end of June 2022 — and under 85 percent over the coming three…
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Arabian Food Industries Company (Domty) has received a non-binding initial offer from Expedition Investments to acquire a stake of up to 90% in Domty.
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Egypt’s real GDP growth is expected to decline to 3.1 percent in 2022, down from 7.2 percent recorded in 2021, and to jump to six percent in 2023, the European Bank for Reconstruction and development…
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International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva has welcomed Egypt’s swift response to “head off the balance of payment shock and impact of rising food prices” caused by…
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Central Bank of Egypt (CBE) has signed an agreement with the Arab Monetary Fund (AMF) to register with the AMF’s Buna platform that governs intra-payment settlements and set-offs in the Arab region,…
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