Browsing Category
Money
World Bank revises up FY2021/22 GDP forecast for Egypt to 5.5%
The World Bank forecast on Tuesday revised up its forecast for Egypt’s GDP growth to 5.5 percent for the financial…
EIB, AFD to sign €300 mln loan for Egypt rail project this quarter: sources
Egypt is expected to sign a €300 million ($342.7 million) loan agreement with the European Investment Bank (EIB)…
Egypt’s Banque Misr pretax profit jump 53.7% at Sept-end
Egypt’s second largest public bank Banque Misr reported on Wednesday a 53.7 percent growth in pretax profit at the…
QNB ALAHLI 2021 pretax profit at EGP 10.8 billion
QNB ALAHLI, the Egyptian unit of Qatar National Bank, said on Tuesday year growth its pretax profit for 2021 rose…
Afreximbank, NBE sign MoU to promote trade, investment flows into Egypt
The African Import and Export Bank (Afreximbank) and the state-run National Bank of Egypt (NBE) have signed on…
EIB backs Maspero station through €600 million financing for Cairo Metro Line 3
Frans Timmermans, executive vice-president of the European Commission, has visited the Maspero metro station site,…
Egypt’s Porto Group announces rebrand to Arab Developers Holding
Egypt’s property developer Porto Group announces on Tuesday its rebrand to Arab Developers Holding.
Egypt’s core inflation surges to 6% in December – c.bank
Egypt’s year-on-year core inflation surged to 6 percent in December from 5.8 percent in November, the central bank…
National Bank of Egypt: pretax profit at EGP48.263 billion in 15 months
The National Bank of Egypt (NBE), the country’s biggest state lender, said on Sunday its pretax profit rose to…
Egypt’s external debt dips in Q1-FY2021/22
Egypt’s external debt dipped at the end of the first quarter (1Q) of the current financial year 2021/2022 to $137.4…