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41 Egyptian companies take part in Inter-African Trade Fair, minister
Minister of Trade and Industry Neveen Gamea said 41 Egyptian companies of various industrial sectors will take part in the Inter-African Trade Fair (IATF-2021) that will be held in South Africa as of…
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CBE amends instructions on bank governance, board formation
The Central Bank of Egypt (CBE) has issued amendments to some provisions of the bank governance instructions issued on 23 August 2011.
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Fawry reports jump in net profits in 9M
The consolidated financials of Fawry for Banking Technology and Electronic Payments has reported an increase in net profits to EGP 193.738 million during the first nine months of 2021 from EGP 145.198…
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VictoryLink, Etisalat Misr launch educational platform ‘The Academy’ for arts
VictoryLink for technology and marketing solutions has cooperated with Etisalat Misr to launch “The Academy” platform.
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Egypt cancels import duties on steel rebar, iron billets
The Egyptian Minister of Trade and Industry, Nevine Gamea, has issued two ministerial decrees to cancel safeguard import duties on iron billets, steel rebar, and aluminium products.
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CIB logs EGP 9.9bn profit in nine months
he Commercial International Bank-Egypt (CIB) reported consolidated net profits of EGP 9.87 billion in the first nine months of 2021, up by 34.5% year-on-year (YoY) from EGP 7.34 billion, including…
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e-finance’s profit climbs 35% in nine months
The consolidated net profits of e-finance For Digital and Financial Investments increased by 35.18% year-on-year (YoY) to EGP 374.82 million in the first nine months of 2021, compared to EGP 277.26…
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France to encourage more investments in Egypt – minister
France is keen to encourage more investments in Egypt, aiming to boost bilateral strategic cooperation and provide the North African country with the most up-to-date technologies, said minister of…
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Egypt’s exports to France rise to $355m in H1-21
Egypt's exports to France increased by 43.8% year-on-year (YoY) to $355.1 million in the first half (H1) of 2021, compared to $247 million, according to data by the Central Agency for Public…
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NBK-Egypt logs EGP 1.05bn profit in 9M
The National Bank of Kuwait-Egypt (NBK-Egypt) reported net profits of EGP 1.050 billion in the first nine months of 2021, slightly down from EGP 1.097 billion in the corresponding period a year…
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