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 Banque du Caire has invested $82 million in African Export-Import Bank (Afreximbank), raising the total value of the bank's investments in Afreximbank to around $115 million.
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 Egypt’s chemical and fertiliser exports to Oman have increased by 7% to $11 million during the first four months (4M) of 2022, the Chemical and Fertilisers Export Council announced.
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EFG Hermes’ subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company’s valuation to $247.4 million.
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Fitch Solutions revised down Egypt’s real GDP growth for the upcoming FY2022/2023 — Which starts on 1 July — to 4.9 percent, down from the 5.5 percent it initially projected.
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Egypt has allocated more than EGP 3 trillion in the 2022-2023 budget to complete the development process, increase public spending, and improve the services offered to citizens, the Egyptian Minister…
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HSBC Egypt has introduced green personal finance for its retail customers in Egypt, as part of the bank's efforts to promote sustainability and support a net-zero carbon future.
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Commercial International Bank (CIB) launches the “Sustaining Sectors” programme.
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The African Export-Import Bank (Afreximbank) will provide $20 billion in order to support intra-African trade, according to Chairperson of the bank, Benedict Orama.
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Egypt was able to overcome challenges thanks to economic reform programmes, according to Governor of the Central Bank of Egypt (CBE), Tarek Amer.
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Aman for Microfinance, a subsidiary of Aman Group that is owned by Raya Holdings for Financial Investment, has launched its first investment fund, dubbed AmanYoum-B-Youm.
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