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Africa Health ExCon 1st edition to start on 5 June to boost healthcare investments in Africa
Under the auspicious and in the presence of H.E President Abdel Fattah El- Sisi the first edition of Africa Health ExCon to start on June 5th to boost Healthcare Investments in Africa
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Egypt targets nine sectors with four-year $100 billion export plans; PM
Egypt is developing a plan to improve export indicators across nine sectors under a state’s plan to reach $ 100 billion in 4 years, said Prime Minister Moustafa Mabouly in a press conference on…
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Egypt announces plans to sell off state assets, boost private investment
Prime Minister Moustafa Madbouly outlined the government’s plans to privatize state-owned assets and increase the private sector’s role in the economy yesterday in a wide-ranging address that…
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New rules aim make life easier for startups in Egypt; Madouly
New rules solve the problems facing would-be tech entrepreneurs, government officials said yesterday, as part of the Madbouly government’s drive to attract private capital and drive growth of the…
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Egypt’s Export Development Bank profits hike 139% in Q1-22
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 …
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SCZONE main gateway to African countries: Japanese Ambassador to Cairo
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…
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HC expects Egypt’s Central Bank to increase interest rates by 200 bps
HC Securities & Investment expects the Egyptian Central bank to increase interest rates by 200 bps based on Egypt’s current situation.
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NBE led a banking alliance to grant EGP 12.5bn to Canal Sugar Company
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.
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Egypt’s CBE completes replacing payroll slips for 4.1 mln state employees with Meeza cards
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.
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EFG-Hermes Holding, Amazon inks investment agreement
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…
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