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Palm Hills Developments has acquired a 7.97% stake in the International Company for Leasing (Incolease) in exchange for EGP 65.35 million.
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 Emaar Misr for Development recorded a 117.8% year-on-year (YoY) surge in the consolidated net profits to EGP 4.11 billion in 2021, compared to EGP 1.89 billion, including minority shareholders'…
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Talaat Moustafa Group (TMG) achieved a growth in consolidated net profits by 8% to EGP 1.78bn in 2021, up from 2020’s EGP 1.65bn.
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The Suez Canal Economic Zone (SCZone) is cooperating with the European Bank for Reconstruction and Development (EBRD) to launch the second phase of technical support provided by the bank during the…
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The Commercial International Bank (CIB) – Egypt has issued the first Ecological Footprint report in Africa, aiming to support the state’s transition to a green economy.
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The Central Bank of Egypt is now focusing efforts on launching "Know your customer" program, which enables people to open bank accounts online, according to Assistant Sub-Governor of the Central Bank…
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Egypt’s Minister of Trade and Industry Nevine Gamea met with Ambassador of the UAE to Cairo Mariam Khalifa Al-Kaabi on Monday to discuss the latest economic developments regionally and globally.
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Misr Italia Properties is looking to issue securitisation bonds worth EGP 700 mn during 4Q2022, Al Shorouk quoted CEO and Managing Director Mohamed Hany El Assal as saying.
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Rising global wheat prices could cost the government an additional EGP 15 bn this fiscal year, Finance Minister Mohamed Maait told Bloomberg Asharq
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Egypt’s banks processed 1 bn electronic transactions in 2021 worth a total of EGP 2.8 tn, said the Central Bank of Egypt’s Sub-Governor for Payment Systems and Business Technology Ayman Hussein,…
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