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The general assemblies of the National Bank of Egypt (NBE) and Banque Misr (BM) approved their financial statements of the two banks, revealing that they collectively achieved profits before taxes…
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With just over 100 days to go before this year’s UN Conference of Parties on Climate Change (COP27), the Bank of England and the Central Bank of Egypt (CBE) are meeting to discuss climate risks and…
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UAE’s fuel and retail distributor, ADNOC Distribution has signed on Thursday an agreement with France’s TotalEnergies to acquire 50 percent stake in the latter’s Egyptian unit TotalEnergies Marketing…
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Egypt’s exports of building materials surged by 36% year-on-year (YoY) in the first five months (5M) of 2022, Ahram Gate cited the Export Council for Building Materials, Refractory, and Metallurgy…
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British International Investment, the UK government’s development finance arm, is planning to invest USD 6 bn in Africa over the next five years, with a substantial portion earmarked for debt and…
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Banque Misr, Egypt’s second biggest state-owned bank announced that it has seen 113 percent growth in net profit to 23.5 billion Egyptian pounds during an 18-month period ended in December 2021.
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Aman Group, one of the leading FinTech companies in the Egyptian market focusing on non-banking services, has announced the establishment of Aman Securitization company.
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Egypt comes in the fourth lace regarding the value of energy projects across the Middle East and North Africa (MENA) region during 2022-2026, Arab Petroleum Investments Corporation (APICORP) said in a…
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Egypt is one of the most important investment destinations for India in the region, with a total $3.15bn investment. Indian companies aim to inject more $700m investment in Egypt over the next few…
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The IMF’s Executive Board said that the 12-month loan deal with Egypt under the SBA arrangement that ended in June 2021 achieved its primary objective in terms of maintaining the country’s…
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