Aya Abdulghany 2184 posts 0 comments

Egyptian banks’ Viability Ratings (VRs) could come under pressure if the banks’ foreign assets continue to drop, Fitch Ratings said in recent report
Read More...

 The total value of Egypt's exports has exceeded $31 billion in 2021, the Egyptian Minister of Trade and Industry, Nevine Gamea, announced on Sunday.
Read More...

Egypt’s Ministry of Finance will open submissions for the second round of the fourth phase of the initiative to repay exporters’ arrears from 30 January to 10 February, Minister of Finance Mohamed…
Read More...

e-Cards, a subsidiary of e-finance Investment Group operating in integrated smart solutions, has signed an agreement with prominent fintech MoneyFellows to provide facilitated financing solutions for…
Read More...

Egypt is expected to sign a €300 million ($342.7 million) loan agreement with the European Investment Bank (EIB) and the French Development Agency (AFD) within this quarter to finance the Tanta-El…
Read More...

Egypt’s exports of medicines have risen unprecedently to 35 percent, for the first time in Egypt’s history, according to Tamer Essam, the Chairman of the Medicines Authority.
Read More...

The Arab African International Bank (AAIB) announced on Wednesday the signing of a five-year bancassurance agreement with AXA Egypt, offering enhanced, outstanding insurance services to its customers.…
Read More...

The World Bank has revised upwards its prediction for Egypt’s GDP growth by 0.5 percentage points to 5.5% for FY2021-2022.
Read More...

Frans Timmermans, executive vice-president of the European Commission, has visited the Maspero metro station site, part of Cairo Metro Line 3 – Phase 3 project, for which the European Investment Bank…
Read More...

EFG Hermes has announced that its Promotion and Underwriting Sector succeeded in completing the first issuance of securitisation bonds for Madinet Nasr Housing and Development (MNHD) with a value of…
Read More...