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Following the 2020 takeover of a 75% stake by EFG Hermes Holding and GB Capital in Tokio Marine Egypt Family Takaful, the company has been rebranded to Kaf.
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Egypt’s net foreign direct investment (FDI) inflows surged by 53% to $7.30 billion during the July 2020-March 2022 period, Akhbar Elyom cited Mohamed Abdel Wahab, CEO of the General Authority for…
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A High-level Spanish business delegation will be visiting Egypt by the end of this month as the Egypt-Spain Multilateral Partnership Forum.
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The British pound fell to all-time low against the U.S. dollar early Monday after Treasury chief Kwasi Kwarteng pledged further tax cuts, fueling concerns about the government's economic policy.
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Elsewedy Electric Co has announced it will sign the final agreement to obtain credit facilities from 7 banks
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The real estate sector topped the list of the most active sectors listed on the Egyptian Exchange (EGX) during last week’s transactions with a trading value of EGP 1.3bn.
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Egypt’s Minister of Finance Mohamed Maait said that the government is committed to taking all measures to facilitate the release of imports and ease the burdens on investors against the global crises…
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Egypt seeks to raise up to $6 billion before the middle of next year by selling stakes in state-owned firms, the country’s Planning Minister Hala al-Saeed said.
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Egypt is willing to reach an agreement to obtain finance from the International Monetary Fund (IMF) within a month or two, according to Finance Minister Mohamed Maait, reported by Bloomberg.
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In its meeting today, the Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged…
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