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Homzmart — the Middle East’s one-stop shop for furniture and home goods — landed a Pre-Series B investment of $23m recently, bringing its total investments up to almost $40.
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Misr Italia Properties recorded a 58% year-on-year (YoY) hike in sales during the first half (H1) of 2022 to EGP 4.20 billion.
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Orascom Construction Plc announced adding new awards worth $1.8 billion to its backlog in the second quarter (Q2) of 2022.
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GlobalCorp plans to issue EGP 1.5 bn worth of securitized bonds in three tranches before the end of the year, Al Borsa quotes the company’s managing director, Hatem Samir, as saying.
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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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