FGY TEAM 319 posts 0 comments

 Egypt was able to conclude development financing agreements worth $20 bn, about $5bn of which (25%) went to private sector companies and commercial banks according to Minister of International…
Read More...

Egyptian Financial Group Hermes Holding (EFG Hermes) and EFG Hermes Holding’s wholly-owned subsidiary, EFG Hermes Corp-Solutions, announced the successful conclusion of the latter’s second issuance of…
Read More...

The Engineering Export Council of Egypt (EEC) announced that Egypt’s engineering exports increased by 24% to $2.44bn in the first eight months of 2022, compared to $1.96bn in the same period of 2021.
Read More...

The Commercial International Bank (CIB), Egypt’s leading private sector bank, participated in the 2022 IIF Emerging Markets Sustainable Finance Summit hosted by the Institute of International Finance…
Read More...

Commercial International Bank (CIB), one of Egypt’s largest private banks, is planning to provide an extra financing worth 100 million Egyptian pounds ($5.1 million) to Aman for Microfinance to be…
Read More...

Orascom Construction Plc has signed an agreement with the Internal Trade Development Authority (ITDA) to build, own, and operate a strategic warehouse in Egypt's Fayoum governorate. The strategic…
Read More...

The Sovereign Fund of Egypt plans to take military-owned filling station Wataniya and bottled water company Safi public on the EGX before the end of 2022, according to a a cabinet statement.
Read More...

Import challenges facing manufacturers will be solved within two months, President Abdel Fattah El Sisi said yesterday (watch, runtime 8:37).
Read More...

CBE wins largest share of AFI awards for combating poverty, unemployment, promoting sustainable development
Read More...

Egypt has witnessed on Monday a ground-breaking spike in its natural gas export revenues, which have increased 13-fold over the past eight years, according to a report issued by the Cabinet’s…
Read More...