The British bank Standard Chartered announced last week that it had obtained the initial approval from the Central Bank of Egypt (CBE) to establish a branch in Egypt, replacing its current… Read More...
The Central Bank of Egypt (CBE) has given preliminary approval for Standard Chartered to enter the Egyptian banking sector, CBE deputy governor Gamal Negm told state-owned Middle East News Agency… Read More...
Egyptian tourism revenues exceeded $13 bn in 2021, returning to pre-pandemic levels, Al Borsa reports Deputy Tourism Minister Ghada Shalaby as saying, citing a Reuters story. Read More...
GB Auto said that the CAPEX budget for 2022 is expected to be within the range of EGP 550m and will be focused mainly on complete knock-down (CKD) lines to prepare for the government incentives… Read More...
Misr Capital, the investment banking arm of Banque Misr, and Fawry have launched 'Fawry Yawmy' money market fund, an innovative fintech-based investment fund, with a minimum initial investment ticket… Read More...
Germany’s Thyssenkrupp is putting the final touches on memorandum of understanding (MoU) to build a green hydrogen production plant in Egypt, regional chief executive Andreas Beckers said. Read More...
Egypt has implemented 1,300 development projects with a total value of EGP 113 billion from 2019 to 2021, according to the second issue of the follow-up report on programme budgets and performance at… Read More...
Egypt will issue its first sovereign sukuk offering before the end of next June, according to Deputy Minister of Finance for Financial Policies, Ahmed Kojak. Read More...
Egyptian Prime Minister Mostafa Madbouly affirmed that the state attaches great interest with road development and construction projects, especially those serving new cities. Read More...