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Egypt's government investments surged by 50.5% year-on-year (YoY) to EGP 289 billion during fiscal year (FY) 2020/2021. 
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Egyptian Minister of Finance, Mohamed Maait, said that more than 1,600 companies have applied for the third phase of the immediate disbursement of export subsidies initiative since 4 July.
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Egypt’s Minister of Finance Mohamed Maait said that the pace of the national project to modernise and automate the customs management system will be accelerated, in implementation of presidential…
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The Central Bank of Egypt last week approved new interoperability rules designed to make it easier for the public to deposit and withdraw money with any payment card or mobile wallet, regardless of…
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Russia is expected to complete its long-awaited industrial zone in Egypt’s canal city of Ain al​-Sokhna within the next five months, Yehia Zaki – Suez Canal Economic Zone’s (SCZone) chairman told…
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Kemin Industries, U.S. ingredient manufacturer for human and animal health and nutrition, plans to invest 1.8 billion Egyptian pounds ($114.7 million) in Egypt over the next three years, a senior…
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Banque Misr, Egypt’s second largest bank, and its leasing arm BM Lease have signed on Wednesday a 700 million Egyptian pounds ($44.6 million) Islamic seven-year financing deal with Bonyan for…
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 Six of October Development and Investment (SODIC) announced that its wholly-owned subsidiary SODIC for Securitization closed its first securitisation bond issuance of EGP 343 million
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Egypt’s economy is expected to grow 5.0 percent in the financial year 2021-2022 that ends in June next year, a Reuters survey showed on Monday.
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The Central Bank of Egypt (CBE) has directed all banks operating in the local market to take the necessary measures to implement sustainable financing principles.The Central Bank of Egypt (CBE) has…
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