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Banque du Caire H1 net profit grows 41%
Egypt’s third largest public state-lender, Banque du Caire (BdC) reported on Wednesday a 41 percent year-on-year…
Afreximbank lends Egypt $400mln for phosphate fertiliser project
The African Export-Import Bank (Afreximbank) approved a loan of $400 million to finance a phosphate fertiliser…
Egypt earmarks $1.9bn for 45 new exploratory gas wells until mid-2025
Egypt is planning to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta, envisaging…
Egypt seeks to attract more South Korean investments – minister
Egypt’s Minister of Finance Mohamed Maait said during his meeting with South Korean Ambassador to Cairo, Kim…
Egypt’s central bank to set up financial digital identification company
Egypt’s central bank plans to set up a new firm for financial digital identification, according to its financial…
Egypt to sell state stakes in 3 firms in Q4, 3 more in Q1-2024
Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in the fourth quarter…
Egyptian Exchange briefing 29/08/2023
The Egyptian Exchange closed high on Tuesday with the main index, EGX 30, rising by 0.24 percent to 18,629.34,…
BP to drill 4 exploratory natural gas wells in Egypt during Q4 of 2023
The British multinational oil and gas firm BP intends to drill four exploratory natural gas wells in Egypt during…
UAE’s PureHealth acquires UK’s Circle Health Group for $1.2 bn
UAE healthcare firm PureHealth has made its first foray into the United Kingdom following an agreement on Monday to…
Egypt’s Suez Canal to go green by 2030
Egypt's Suez Canal Authority (SCA) announced on Sunday that it will adopt a sustainable development plan, which…