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Bank Audi – Egypt has seen net profit before taxes of 2.1 billion pounds at the end of December 2020 with an increase of 16.7 percent, despite the consolidation of the burden of impairment from credit…
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Egypt’s Minister of Finance Mohamed Maait has revealed that the country’s new tax incentives included in the Law on the Development of Micro, Small and Medium Enterprises (MSMEs) encourage them to…
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The net profits of Misr Chemical Industries hiked by 474 percent year-on-year (YoY) to EGP 82.26 million during the first half (H1) of fiscal year 2020/2021, compared to EGP 14.34 million in the…
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 The Central Bank of Egypt (CBE) will issue treasury bonds and bills valued at EGP 26 billion on Sunday, in coordination with the Ministry of Finance, to finance the budget deficit.
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that its investment banking division successfully concluded advisory on Agthia Group’s acquisition…
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Large and persistent fiscal deficits in most emerging and frontier market economies are expected to persist in 2021, albeit to a smaller extent than in 2020, according to the International Monetary…
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Nigeria is looking to benefit from Egypt’s expertise in combating terrorism, Joe Keshi, the Special Envoy of the Nigerian President, told Egyptian President Abdel-Fattah El-Sisi in Cairo on Wednesday.
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Egypt’s government still needs to take real actions on the ground to promote investment and business opportunities, said Ahmed Ezz El-Din, vice president of the Fed International for Industry and…
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Egypt has paid a total of 10.3 billion Egyptian pounds  in overdue export subsidies to 1,069 companies under the immediate disbursement of export subsidies initiative, according to a cabinet statement…
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TAQA Arabia plans to delay its planned initial public offering (IPO) on Egypt’s stock market (EGX) to at least for the next five quarters, a source with knowledge of the matter told Daily News Egypt…
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