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Banks in Egypt reported a 16.9 percent surge in the size of deposits to 6.077 trillion Egyptian pounds ($386.8 billion) at the end of September from 5.196 trillion pounds at the end of December 2020.
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The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed an EGP 100 million microfinance contract with Banque Misr to support women.
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E-commerce platform Jumia announced the launch of JumiaPay Egypt as a payment service provider (PSP), after obtaining the Central Bank of Egypt’s (CBE) required licences and approvals, according to a…
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Minister of Trade and Industry Nevine Gamea has announced that Egyptian exports achieved positive indicators in 2021. The total value of Egyptian exports to foreign markets in the first 11 months of…
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Shareholders of Orascom Construction have approved the $35m worth acquisition of an importing company owned by the Sawiris family.
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The New Development Bank (NDB) set up by the BRICS group of nations said it had admitted Egypt as a new member.
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Minister of Trade and Industry Nevine Gamea has witnessed the signing of two cooperation agreements between Geyushi Motors and the Chinese Weichai Holding Group, one of the Shandong International…
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Egypt targets an increase in medical industries exports by 30 percent on annual basis, according to President of the Export Council for Medical Industries (ECMI) Majid George said.
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Egypt’s Minister of Trade and Industry Nevine Gamea revealed  that trade exchange with South Korea registered $1.89bn during the first 10 months of this year, an increase of 46.9% from the same period…
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Egypt’s engineering exports surged by 45% to $3bn from January to November 2021 compared to approximately $2.1bn in the same period last year, according to Chairperson of Engineering Export Council of…
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