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Financial Institutions
Visa plans expansion in Egypt
Visa plans to boost its investments in Egypt, with a focus on digital transformation and expanding the use of…
Egypt’s FRA warns against unlicensed investment, finance offers
Egypt's Financial Regulatory Authority (FRA) has issued a renewed warning to the public regarding the growing…
Egypt’s current account deficit hits $11.1b in H1 2024/’25
Egypt’s central bank said on Tuesday that the country’s balance of payments recorded an overall deficit of $502.6…
ADB signs $2.75b sustainable infrastructure agreement
The Asian Development Bank (ADB) has entered into a partnership with ten major global insurers to raise up to $2.75…
Cairo sets stage for Egypt-US Economic Forum by May-end
Egyptian Prime Minister Moustafa Madbouly chaired a ministerial meeting on Monday to review preparations for the…
Egypt’s IPO programme nets $6b from 21 deals, PM reviews next phase
Egypt’s privatisation push has delivered 21 transactions worth $6 billion across 11 sectors to date, Prime Minister…
ADB, Japan launch $20m trust fund
The Asian Development Bank (ADB) and Japan have initiated a new trust fund to support private sector development in…
Egypt for the Best Summit to honour most influential economic figures
In a major ceremony organised by Amwal Al Ghad economic magazine and Exlnt Communications — both subsidiaries of…
GCC states contribute 35% of emerging-market USD debt issued in Q1 ‘25
Gulf Cooperation Council (GCC) countries made up over 35 per cent of all emerging-market (excluding China) US…
Egypt’s Al-Mashat Calls for global partnership to tackle financing challenges at ECOSOC…
At the United Nations Economic and Social Council (ECOSOC) Forum on Financing for Development, Egypt's Minister of…