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NBE offers to buy minority stake in Raya’s Aman Holding
The National Bank of Egypt (NBE) has submitted an offer to Raya Holding to purchase a 20-25 percent stake in its…
Amer group signs with Sarwa, Misr Capital to get into corporate Sukuk activity
Amer Group have signed with Sarwa Capital and Misr Capital Investments, Banque Misr’s investment arm, as advisors…
EIB provides EUR 1.9bn to support Egypt’s public transport, SMEs
The European Investment Bank (EIB) approved a EUR 1.1 billion of new support to develop public transport…
Egypt’s Misr Insurance vying to cover Aida IV ship – sources
Egypt’s state-owned Misr Insurance has offered its technical and financial offers to cover Aida IV ship, announced…
Egypt setting up e-commerce online platforms in African market – minister
Egypt is working on setting up online platforms for e-commerce to boost trade exchange with countries that have…
No retreat on reclaiming transgressed public, private properties: Egypt’s PM
Egypt demolished over 4,000 illegal buildings in the period from 8 to 14 July, according to a Cabinet statement on…
Egypt registers lowest new coronavirus cases of 703, 68 deaths
Egypt registered a record low of 703 new coronavirus cases on Friday, upping the total number of confirmed cases to…
Afreximbank provides Egypt’s banking sector with $3.55B to soften COVID-19 blow
The African Export-Import Bank (Afreximbank) is providing $3.55 billion to the Egyptian Banking sector under its…
Foreign investments in Egyptian T-bills register $7.016B in May
Foreign investments in treasury bills (T-bills) declined to $7.016 billion at the end of May 2020, compared to $7.4…
Sarwa Capital eyes EGP 2.5bn Sukuk issuance through its subsidiary
Sarwa Capital Holding for Financial Investments announced that its subsidiary Sarwa Sukuk is set to issue 2.5…