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Egypt’s Misr Insurance signs JV to run life takaful unit
Egypt’s state-run Misr Insurance Holding (MIHC) signed on Tuesday a joint venture agreement with two of the…
Lebanon’s Bank Audi mulls sale of Egyptian unit with right offer – CFO
Lebanon’s Bank Audi is studying the sale of its Egyptian unit after receiving interest from lenders, its chief…
Egypt says received cash inflows of $1.7 billion in 4 days
Foreign cash inflows into Egypt’s banking system reached $1.7 billion approximately in just four working days -…
Egyptian pound appreciates to highest since Feb. 2017
The Egyptian pound strengthened on Monday against the U.S. dollar, trading at 15.967 against the greenback, its…
Egypt’s Beltone to launch two subsidiaries to provide leasing, mortgage services
Egyptian investment bank Beltone Financial Holding said on Monday its board approved to launch two 98 percent-owned…
Egypt’s real GDP to rise to 5.9%, up to 6% in 2022: World Bank
The World Bank expects that Egypt's real GDP growth will reach 5.9 percent in 2020, up from 5.7 percent in 2018,…
Egypt to pay $1.6 billion as debt to Arab countries in 2H 2020: CBE
Egypt has to pay $1.694 billion during the first half of 2020, $5.167 billion during the second half, and $681…
Egypt signs a deal with 3 UAE companies to set up pipe plant
State-run Egyptian National Organization for Military Production (NOMP) and the Holding Company for Water and…
Egypt-China trade exchange to rise by 24% in 2020
The volume of trade exchange between Egypt and China is expected to rise by more than 24 percent in 2020, President…
Egypt’s Madinet Nasr contracts, reservations recorded EGP 6.3bn in 2019
Egypt’s state-owned Madinet Nasr for Housing and Development pre-sales (contracts and reservations) for the year…