Browsing Category
Main
CBE directs banks to increase operation financing for companies amid prices hike
The Central Bank of Egypt (CBE) directed banks operating in the Egyptian market to increase financing for the operations of companies and factories, especially small and medium enterprises (SMEs),…
Read More...
Read More...
CBE’s decision to increase women representation on bank boards is highly praised
The Central Bank of Egypt’s (CBE) decision to obligate banks to represent women on boards of directors, with at least two members, was highly praised by women leaders working in banks, as well as by…
Read More...
Read More...
Egypt’s financial regulator reduces fees for trading operations in EGX by 20%
The Financial Regulatory Authority (FRA) announced Wednesday reducing the fees for collected and payable services for trading operations on the stock exchange by 20 percent.
Read More...
Read More...
Russia unveils master plan for creation of its industrial zone in Egypt
Russia unveiled the master plan for its industrial zone to Suez Canal Economic Zone during an official visit to Egypt on 14-16 November, Russian news agency Tass reports.
Read More...
Read More...
Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund
The Cabinet’s Information and Decision Support Center (IDSC) issued a statement on the 15th edition of the Arab Economic Outlook report issued by the Arab Monetary Fund in November, which anticipates…
Read More...
Read More...
Egypt’s unemployment rate rose to 7.5% in 3Q2021
Egypt’s unemployment rate rose to 7.5% in 3Q2021, up 0.2 percentage points from the April-June quarter, according to official data released by Capmas.
Read More...
Read More...
EgyptAir, Saudi Ground Services partner during Dubai Airshow
Egypt’s flag carrier, EgyptAir, has signed a contract with the Saudi Ground Services Company during their presence at the Dubai Airshow 2021, which is being held during 14-18 November, Ahram Gate…
Read More...
Read More...
EFG Hermes’ profits rise 32% in 9M
The consolidated financials of Egyptian Financial Group Hermes Holding (EFG Hermes) registered a 32.22% rise in net profits to EGP 1.12 billion in the January-September period of 2021, compared to EGP…
Read More...
Read More...
Egypt came out as most attractive investment market in Africa
Egypt has come out on top with Morocco and South Africa the second and third most robust markets for investment, according to the latest Rand Merchant Bank report titled ‘Where to Invest in Africa…
Read More...
Read More...
EBRD ratifies €250m finance for Alexandria Metro project
The European Bank for Reconstruction and Development (EBRD) has approved the provision of a sovereign loan of up to €250m to Egypt to finance the upgrade of an existing rail line connecting downtown…
Read More...
Read More...


