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Egypt is planning to lower its debt to GDP ratio to below 90 percent by the end of the current FY2021/22 — which will conclude at the end of June 2022 — and under 85 percent over the coming three…
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Arabian Food Industries Company (Domty) has received a non-binding initial offer from Expedition Investments to acquire a stake of up to 90% in Domty.
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Egypt’s real GDP growth is expected to decline to 3.1 percent in 2022, down from 7.2 percent recorded in 2021, and to jump to six percent in 2023, the European Bank for Reconstruction and development…
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International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva has welcomed Egypt’s swift response to “head off the balance of payment shock and impact of rising food prices” caused by…
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Central Bank of Egypt (CBE) has signed an agreement with the Arab Monetary Fund (AMF) to register with the AMF’s Buna platform that governs intra-payment settlements and set-offs in the Arab region,…
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The National Bank of Egypt (NBE) has raised its stake in Fawry for Banking Technology and Electronic Payments to 12.54% from 6.54%.
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Egypt’s state-run construction firm Arab Contractors (AC) is in talks to implement new projects in Angola.
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Egyptian bus-hailing service provider Swvl is preparing to start trading in the company’s shares on the Nasdaq Stock Exchange on Thursday at an indicative price per share of $10.
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Agriculture Minister El Sayed el Qusair said that a ban imposed on exporting Egyptian honey bees to Saudi Arabia has been lifted.
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Minister of Petroleum and Mineral Resource Tarek el Molla  discussed in a meeting with Peter Steenkamp, Chairman of South Africa's largest mining company, Harmony Gold, the investment opportunities…
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