Main

 The consolidated net profits of Export Development Bank of Egypt (EBE) jumped by 139% year-on-year (YoY) to EGP 301.89 million in the first quarter (Q1) of 2022 from EGP 126.23 million, including …
Read More...

Japan would like to strengthen the relations with the Suez Canal Economic Zone (SCZONE), that is considered a Economic Hub for international maritime transport and a main gateway to the African…
Read More...

HC Securities & Investment expects the Egyptian Central bank to increase interest rates by 200 bps based on Egypt’s current situation.
Read More...

The National Bank of Egypt (NBE) — as the first major arranger and financing agent — led a banking alliance to provide long-term syndicated financing totaling EGP 12.5bn for the Canal Sugar Company.
Read More...

The Central Bank of Egypt (CBE), in collaboration with the Ministry of Finance, has replaced 4.1 out of 4.3 million payroll slips for state-employees with Meeza cards, the bank announced.
Read More...

valU Consumer Finance (valU), a fully-owned subsidiary of EFG Hermes Holding entered into an agreement with Amazon for the Provision of Consumer Financing by valU as a Payment Method on amazon.eg…
Read More...

Emirates Telecommunications Group Company bought a 9.8% stake in Vodafone Group Plc for $4.4 billion as the Middle Eastern technology provider seeks to expand globally.
Read More...

The state-owned Housing and Development Bank (HDB) is adopting an expansion strategy in the field of digital transformation that comes at the top of its list of priorities, according to Hassan Ghanem…
Read More...

Egypt is looking to establish the first global hub for green hydrogen in canal city of Ain Sokhna, said head of the General Authority for Suez Canal Economic Zone (SCZone).
Read More...

Egypt is providing the appropriate environment for SMEs to expand as a top priority, especially industrial enterprises, Nevine Gamea — Minister of Trade and Industry and CEO of the Micro, Small, and…
Read More...