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CI Capital Holding for Financial Investments reports today its 1Q 2021 consolidated results.
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Sovereign Fund of Egypt and EFG Hermes announced that they have executed agreements to acquire 76 percent of the capital of Arab Investment Bank (AIB or the Bank).
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Egypt’s President Abdel Fattah Al-Sisi has asserted that work is underway to develop the Suez Canal, in line with the progress of the global trade movement.
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Egypt’s trade deficit decreased 1.2 percent in February 2021 to $3.34bn, compared to the $3.38bn reported for February 2020, the Central Agency for Public Mobilization and Statistics (CAPMAS) has…
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Egypt’s Minister of Trade and Industry Nevine Gamea has issued a decree outlining the conditions for the customs clearance of electric cars coming into the country.
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Egypt’s current account deficit climbed to $7.6 billion in the first half (1H) of the current FY2020/2021 — from July to December 2020 — up from $4.6 in the same half of FY2019/2020, according to data…
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 Telecom Egypt has chosen Juniper Networks to design and deploy a network capacity expansion and upgrade across its national infrastructure, serving a customer base of 9.8 million for fixed line…
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Egypt is aiming to start producing an electric car in mid-2022, Public Enterprise Minister Hisham Tawfik said on Tuesday.
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The net profits of Orascom Development Egypt (ODE) leapt by 377% year-on-year (YoY) to EGP 438.46 million in the first quarter (Q1) of 2021, compared to EGP 91.85 million, including minority…
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The US-based oil and gas producer Apache has invested more than $20 billion in Egypt, the Regional Vice President and General Manager, David Chi, said.
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