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The Agricultural Bank of Egypt (ABE) and the Faiyum Sugar Works Company signed a cooperation protocol to finance sugar beet farmers in Fayoum governorate. The protocol represents a…
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The Central Bank of Egypt (CBE) revealed on Monday that foreign clients’ investments in local treasury bills increased to the equivalent of about EGP 157.057bn by the end of June 2022, compared to…
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The consolidated net profits of Fawry for Banking Technology and Electronic Payments fell by 28.5% on an annual basis during the first half (H1) of 2022 to EGP 98.04 million, compared to EGP 137.15…
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Suez Canal Bank posted a net profit of EGP 267.83 million during the first half (H1) of 2022, up from EGP 240.83 million in the corresponding period in 2021
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Egypt's annual urban consumer inflation rose to 13.6% year-on-year (YoY) in July from 13.2% in June, data from state statistics agency CAPMAS showed on Wednesday.
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Trade exchange between Egypt and Sudan reached $1.165 billion in 2021, compared to $725 million in 2020.
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Egypt is proceeding with a clear plan to increase exports and deepen industry and local products, in addition to the unprecedented revenues achieved by the Suez Canal, and Egyptian expatriates’…
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The consolidated net profits of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) climbed by 48.4% year-on-year (YoY) in the first half (H1) of 2022, reaching EGP 1.01 billion, including minority…
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The Sovereign Fund of Egypt (TSFE) said the Saudi Egyptian Investment Company (SEIC), wholly owned by Saudi’s Public Investment Fund (PIF), has acquired state-owned minority stakes in four Egyptian…
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Egypt's non-petroleum exports hiked by 20% during the first half (H1) of 2022 to reach $19.35 billion, compared with $16.16 billion in the same period in 2021.
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