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Egypt’s President Abdel Fattah Al-Sisi received, on Monday, CEO of Maersk Soren Seko to discuss a project to produce clean fuel for ships in Egypt with $15bn investment, which will provide more than…
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The Central Bank of Egypt (CBE) has relaxed restrictions on the use of foreign currencies for imports in a bid to ease the buildup of goods at ports, according to a document circulating among banks.
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The Financial Regulatory Authority (FRA) approved the issuance of “mudaraba sukuk” compatible with the provisions of Islamic Sharia with a value of EGP 2bn for a period of 84 months, starting from the…
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Talks between Egypt and the International Monetary Fund (IMF) for new financing are still ongoing and achieving progress as per the set timeline, Director of the Middle East and Central Asia…
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South Africa’s Nomanini fintech plans to Expand in Ghana, Zimbabwe and Egypt, starting with Zimbabwe and Ghana to take place this year, CEO Vahid Monadjem tells The Africa Report.
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anon is ranked 13th in terms of the largest countries investing in Egypt, with investments in the Arab world’s most populous nation worth $1.2 billion, the Middle East News Agency (MENA) cited Egypt’s…
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Chairperson of the Agricultural Bank of Egypt (ABE) Alaa Farouk said that the bank’s total credit portfolio recorded about EGP 60.204bn at the end of August 2022, pointing out that the total financing…
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Egypt’s Ministry of Trade and Industry lifted this week its ban on the export of several staple food commodities, including wheat, flour and fava beans for six months since March.
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Egypt's Information Technology Industry Development Agency (ITIDA) has signed a memorandum of understanding (MoU) with OPPO, a China-based consumer electronics manufacturer.
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The OPR screens revealed on Wednesday that about 97% of the target shares responded to an offer from Expedition on Arab Food Industries (Domty) of 93 million shares out of about 96.18 million shares…
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