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EFG Hermes has announced that its Promotion and Underwriting Sector succeeded in completing the first issuance of securitisation bonds for Madinet Nasr Housing and Development (MNHD) with a value of…
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The African Export-Import Bank (Afreximbank) and the National Bank of Egypt (NBE) have signed a memorandum of understanding (MoU) at the Intra-African Trade Fair to promote trade and investment flows…
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Emirates NBD Egypt has announced the launch of a bundle of auto lending programs. The diversified programs meet the customers’ different needs and requirements with the easiest and most convenient…
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QNB ALAHLI, the Egyptian unit of Qatar National Bank, posted a standalone net profit  of 7.452 billion pounds at the end of 2021 from 7.398 billion pounds at the end of 2020 recording a 2 percent…
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The Central Bank of Egypt has issued a circular that puts in place a mechanism under which it could in the future provide emergency liquidity to banks that request it.
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Egypt seeks to increase export revenues to $ 60 billion a year by the middle of the decade as part of plans to eventually reach USD 100 bn a year, Trade Minister Nevine Gamea said in a phone-in with…
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Egypt has awarded BP and Eni a gas exploration concession in the eastern Mediterranean, the two companies announced in separate statements on Monday.
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The volume of microfinance activities in Egypt increased by 40.01% to EGP 25.01bn in October 2021, compared to the EGP 17.86bn recorded a year earlier, according to a report by the Financial…
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PaySky — the leading payment solutions provider and technology partner to Egypt Post and Visa — has been working relentlessly to bring the Egyptian Market the “Yalla Super App”; a home-grown version…
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nnual urban inflation rose to 5.9% in December from 5.6% in November, ending a two-month downward trend despite a slowdown in food price inflation, according to figures released yesterday by…
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