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Fitch Solutions upgraded its projections for Egypt’s real GDP growth slightly to 6.1 percent during 2022, up from the six percent projected a month ago, according to the MENA Key Themes 2022: Mid-Year…
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The European Investment Bank and Banque Misr formally agreed to strengthen cooperation to further strengthen support for SME lending and increase financing for companies in sectors most impacted by…
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The value of US investments in Egypt increased to $9.2bn in FY2020/21, compared to the previous FY’s $7.7bn — an increase of 19.8% according to Data from the Central Agency for Public Mobilisation and…
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EFG Hermes announced that its investment banking division successfully concluded advising Auf Group’s founders and Tanmiya Capital Ventures (TCV) on the entry into a strategic transaction concerning…
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Minister of Finance Mohamed Maait assured that the government has allocated EGP 1.1 billion in the new budget to establish utilities for 13 industrial complexes in several governorates with the aim of…
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Egypt's trade balance recorded $1.7bn during April 2022, versus $3.62bn for the same month of the previous year — a decrease of 53%, according to he Central Agency for Public Mobilisation and…
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Vice President of the European Investment Bank (EIB) Gelsomina Vigliotti visited Cairo to discuss with Egyptian officials areas of cooperation, follow up on ongoing projects, and discuss projects in…
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The Board of Directors of the Central Bank of Somalia (CBS) agreed to issue a license to Banque Misr to operate within the country.
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Egypt’s state-owned Gosoor (Bridges) announced on Monday the inauguration of its first six branches abroad and the launch of its electronic catalogue for Egyptian exportable products that aim to…
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Egypt’s exports of engineering industries have amounted to $1.55 billion during the first five months (5M) of 2022, an annual jump of 31% from $1.18 billion.
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