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Banque du Caire reported standalone net profits at EGP 1.8 billion in the first half (H1) of 2021, up by 7% year-on-year (YoY) from EGP 1.7 billion.
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Housing and Development Bank (HD Bank) reported consolidated net profits of EGP 1.004 billion in the first half (H1) of 2021, down by 5.6% year-on-year (YoY) from EGP 1.064 billion, including minority…
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The Central Bank of Egypt (CBE) approved the acquisition of 76% of Arab Investment Bank (aiBANK) by the sub-fund for financial services and digital transformation owned by The Sovereign Fund of Egypt…
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US Ambassador in Cairo Jonathan Cohen visited Luxor’s Esna city, on Sunday, accompanied by Egypt’s Minister of Tourism and Antiquities Khaled El-Anany and Luxor Governor Mostafa Alham to inaugurate…
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Alaa Farouk, Chairperson of the Agricultural Bank of Egypt (ABE), has announced that the bank is expanding in financing micro projects in Sohag as part of Bab Rizk programme.
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African Union Member States will receive an additional 10 million doses of Astra Zeneca and Pfizer COVID-19 vaccines over the next three months through a new partnership between the French government…
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Egypt is one step closer to becoming a member of the Africa Finance Corporation (AFC) after the cabinet approved plans to join the multilateral lender in its weekly meeting last Thursday.
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The Egyptian exports to the French market witnessed a significant increase by 21%, reaching €350m during the first half (H1) of this year, compared to about €288m during the same period in 2020,…
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Ministry of Tourism statistics show a noticeable increase in tourist numbers: since the beginning of 2021, Egypt has welcomed 300,000 tourists every month after18 months of travel restrictions.
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Egypt’s President Abdel Fattah El-Sisi  participated on Friday via video conference in the fourth international G20 Compact with Africa Summit hosted by Germany annually, presidential spokesman Bassam…
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