Browsing Category
Main
Egypt lifts seizure orders on 3k companies under overdue tax concessions
The Finance Ministry lifted administrative seizure orders from more than 3k companies between April 2020 and July 2021 to get over coronavirus reprcaussions
Read More...
Read More...
Egypt Kuwait Holding gets FRA’s approval to launch micro-finance firm
Egypt Kuwait Holding (EKH) has recently received the Financial Regulatory Authority's (FRA) approval to establish a micro-finance company called Bedayti.
Read More...
Read More...
Egypt’s manufacturing, extractive industries index seen a 14.49% increase in June
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) issued the primary data for the country’s manufacturing and extractive industries index in June 2021.
Read More...
Read More...
ITIDA, MAF ink deal to build first first outsourcing centre in Egypt
The Information Technology Industry Development Agency (ITIDA) signed a signing a cooperation agreement Majid Al Futtaim (MAF) Group’s MAF Global Solutions to build a business process outsourcing…
Read More...
Read More...
Egypt to issue fist sovereign Sukuk in H2-FY21/22
Egypt is set to issue its first sovereign Sukuk in the second half (H2) of fiscal year (FY) 2021/2022 in a move aimed at providing the required finance for the country's investment projects.
Read More...
Read More...
NBE leads a consortium to provide EGP4bln to the Electricity Transmission Company
The National Bank of Egypt (NBE), the country’s biggest state lender, is leading a banking consortium to arrange a syndicated loan agreement for State-run Egyptian Electricity Transmission Company…
Read More...
Read More...
Egypt ends asset seizure for over 3k corporate taxpayers in 15M
The Egyptian Ministry of Finance ended the administrative seizure of assets of more than 3,000 corporate taxpayers between the end of April 2020 and the end of July 2021.
Read More...
Read More...
NBE issues a statment to warn its customers against fraud, increase awareness
National Bank of Egypt (NBE), issued a statement warning its customers of fraudulent practices that they could be exposed to as a result of disclosing their bank account data.
Read More...
Read More...
Banks warn against fraudulent practices, start awareness campaign
Banks operating in the Egyptian market have warned their customers of fraudulent practices that they could be exposed to as a result of disclosing their bank account data.
Read More...
Read More...
Islamic banking captures 5.1% of Egypt market share in H1
The volume of Islamic banking in Egypt registered EGP 390bn in June 2021, accounting for 5.1% of the banking market share with an increase of EGP 42.4bn (12.2%) over March 2020, said head of the…
Read More...
Read More...


