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Faisal Islamic Bank to buy Banque Misr’s stake in Egyptian Takaful Insurance
Faisal Islamic Bank of Egypt aims to buy 8 percent of the Egyptian Takaful Insurance Co. (Property) from Banque…
Interest rate cuts to make Egypt real estate investments grow 70%
Chairman of Egypt’s real estate firm Bahay Group has lauded the recent interest rate cuts, saying the move would…
Egypt’s EFG Hermes among banks on list for Saudi Aramco’s IPO
Egypt's EFG Hermes is among banks that have secured bookrunner roles on Saudi Aramco’s initial public offering,…
Egypt’s Agricultural Bank studies injecting EGP1.5bln into SMEs
Egypt’s main agricultural lender, the Egyptian Agricultural Bank is studying the possibility of pumping funding of…
10th of Ramadan City’s investments at 20bn Egyptian pounds – minister
10th of Ramadan City's total investments reached 20 billion Egyptian pounds ($1.2 billion from 2014 to date,…
Fitch affirms Credit Agricole Egypt at ‘AA+, stable outlook
Fitch Ratings has affirmed Credit Agricole Egypt’s (CAE) National Long- and Short-Term Ratings with a Stable…
Egypt’s first-half exports to EU climb 8.6%
Egypt’s exports to the European Union rose 8.6 percent year-on-year during the first six months of the current…
Saudi Acwa Power hopes to build new desalination plants in Egypt
Saudi Arabia-based ACWA Power hopes to establish new desalination plants in Egypt, said Egyptian Prime Minister…
Sisi told Egyptians not to worry amid calls for protests
Egypt's President Abdel Fattah al-Sisi told Egyptians not to worry in amid calls for protests against his…
National Bank of Egypt says won’t slash rates on saving certificates
National Bank of Egypt (NBE), the country's largest state bank, has decided not to slash the interest rates of it…