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Orascom Development Egypt (ODE) announced that its subsidiary Orascom for Real Estate (ORE) has signed a facility agreement worth 1.5 billion Egyptian pounds ($79.3 million) with Commercial…
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Egypt will host the representatives of 42 African countries at the General Assembly and the Board of Directors’ committee meetings of the African Reinsurance Corporation (Africa Re) on Wednesday after…
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The first official meeting of the Higher Committee for Industrial Partnership, comprising Egypt, the UAE, and Jordan, was held in Cairo on Monday. The committee agreed to conduct feasibility studies…
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Commercial International Bank (CIB), one of Egypt’s largest private banks, reported on Monday a net profit worth 7.773 billion Egyptian pounds ($410.4 million) for the first half of the year.
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The European Union (EU) has provided Egypt with a grant of EUR 117.90 million to support the country’s water and energy sectors, the Minister of International Cooperation, Rania El-Mashat, announced.
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The Ordinary General Assembly of the Federation of Egyptian Banks approved the results of the candidacy for membership in the Federation’s Board of Directors on Sunday.
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EFG Hermes has announced the successful close of an EGP425 million ($22.4 million) securitized bond issuance for real estate powerhouse Pioneers Properties for Urban Development and its affiliates –…
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As part of Saib’s continued efforts to implement their expansion plan in various parts of the country, the bank recently opened a new branch in Shebin Al-Koum, Menoufiya, in accordance with the new…
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Travel Awaits, a website specialized in tourism and travel affairs, has announced that Egypt ranked ninth in its list of the 17 most popular tourist destinations around the world in 2023, according to…
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The Financial Regulatory Authority (FRA) is expected to diversity the activities of the non-banking financial sector, allowing the increase of non-traditional financing granted to EGP 820bn by 2026…
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