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Egypt’s Al-Abd eyes $93.8 million turnovers in 2021
Egypt’s construction firm Al-Abd targets business volume up to around 1.5 billion Egyptian pounds ($93.8 million)…
Insurance companies’ investments in Egypt’s T-bills fall 11.5% May-end
The total investments of insurance companies operating in the Egyptian government’s treasury bills dropped 11.5…
Egypt’s parliament Oks law waiving fines for late tax payments – minister
Egypt's parliament approved a new law that waives fines imposed for the late payment of tax dues that should…
EG Bank’s standalone profit inches up 2 % during H1
the Egyptian Gulf Bank (EG Bank) showed net profits of 317.03 million Egyptian pounds during the first half (H1) of…
Egypt’s first ever state sukuk + green bond sales in pipeline
Egypt is looking to get its debt strategy on track as the government is currently “in an advanced stage” of a $ 500…
NBE closes Egypt’s largest securitized bond offering for NUCA
The National Bank of Egypt (NBE), the country's biggest state lender, has succeeded in closing Egypt's largest…
EBRD to back NUCA bond issuance with EGP 1.5 bn investment
The European Bank for Reconstruction and Development (EBRD) will invest 1.5 billion Egyptian pound in the New…
HCCD’s affiliates negotiating for PPP investment project in Cairo this year
Two Egyptian housing companies, affiliated to the Holding Co. for Construction and Development (HCCD), are in talks…
Egyptian Mohandes’ insurance activity surplus rises to 8.1 mln in nine months
Egyptian Mohandes Insurance generated surplus from insurance activity up to 130.4 million Egyptian pounds ($8.1…
Sisi wins parliament’s approval for possible Libya intervention
Egypt’s parliament gave President Abdel Fattah al-Sisi the green light for possible military intervention in Libya…