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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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Egypt’s trade deficit  decreased by 39.7%, according to the Central Agency for Public Mobilisation and Statistics’ (CAPMAS) monthly Foreign Trade Data Bulletin for March 2022.
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Egypt’s economic growth is expected to account for 17% of Africa’s output growth in 2022, according to a report prepared by the African Import-Export Bank (Afreximbank).
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The National Bank of Egypt (NBE) subscribed to increase the capital of the African Export and Import Bank (Afrexim Bank) with a value of $326.6m, paying the required 40% at a value of $130.6m.
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Minister of Trade and Industry Nevine Gamea expressed Egypt’s full commitment to supporting the multilateral trading system and activating its role in facing the current global economic challenges.…
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Banque du Caire (BdC), Egypt’s third largest public state-lender, announced on Monday that its net profit recorded 800 million Egyptian pounds ($42.6 million) in the first quarter of the year.
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Egypt’s Safaga Port received on Sunday a French wheat shipment of 63,000 tons for the General Authority for Supply Commodities (GASC), the Port authority announced.
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