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Egypt’s non-oil exports post $15.37bn in 6M
The Egyptian non-oil exports have increased by 23% to $15.37 billion during the first six months of 2021, compared to around $12.54 billion in the year-ago period, the Egyptian Minister of Trade and…
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NBE leads major loan to build campuses for European universities in Egypt
The National Bank of Egypt (NBE), the country’s largest public lender, has led a 962 million Egyptian pound ($61.2 million) syndicated loan from a consortium of local banks to finance building…
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Egypt inks $26m export deals with Cameroon, Senegal
Egypt's first trade mission to Cameroon and Senegal has achieved significant results with export agreements worth $26 million, Minister of Trade and Industry Nevine Gamea revealed.
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Egypt’s Sovereign Fund co-launches educational investment platform
A high-level coalition of Egyptian entities and banks has signed an agreement to establish the Lighthouse Education platform, with capital of EGP 1.75bn.
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Newly elected board of Egyptian Exchange announced
The Egyptian Exchange (EGX) announced, on Thursday, its new board of directors, consisting of 5 members who won in the internal election t
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Egypt’s Commercial International Bank net profit surges 22% in H1, 24% in Q2
Commercial International Bank (CIB), one of Egypt’s largest private banks, revealed on Tuesday its financial results for both the first half and second quarter of the year, reporting a 22 percent…
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QNB ALAHLI net profit grows 7% in H1
QNB ALAHLI, the Egyptian unit of Qatar National Bank, reported on Monday a 7 percent year-on-year growth in consolidated net profit for the first half of the year.
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Egypt’s cooperation minister takes part in 2021 UN ECOSOC forum on investing in SDGs
The Egyptian Minister of International Cooperation, Rania El-Mashat, took part in the 2021 United Nations Economic and Social Council (ECOSOC) High-Level Political Forum on sustainable development…
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Egypt-South Sudan trade exchange hits $707k in 2020
Bilateral trade between Egypt and South Sudan amounted to $707,000 in 2020, the Minister of Trade and Industry, Nevine Gamea, revealed.
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EFG Hermes completes advisory on Raya acquisition of Gulf Customer Experience
EFG Hermes has announced that its Investment Banking division successfully concluded advisory on Raya Contact Centre’s acquisition of an 85% stake in Bahrain-based call centre company Gulf Customer…
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