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Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance
Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance…
Egypt’s economy seen growing in FY2021/22 as rebound continues – Reuters poll
Egypt’s economy is expected to grow 5.0 percent in the financial year 2021-2022 that ends in June next year, a…
Egypt’s holdings of U.S. treasuries hit $2.2 billion in May
Egypt’s buying of U.S. treasuries recorded $2.2 billion at the end of May, recent data by the U.S. Department of…
IMF: Egypt’s FDI to grow in the coming four years
Egypt’s foreign direct investment (FDI) could see growing in each of the coming four years, the International…
Germany’s KfW bank provides Egypt with €41 million to support education sector
German state-run KfW Development Bank has provided Egypt with financing worth up to €41 million ($48.4 million) to…
Bahrain’s Bank ABC submits offer to acquire 100% of BLOM Bank Egypt
Bahrain’s Arab Banking Corporation (Bank ABC) announced on Sunday it had submitted a mandatory tender offer (MTO)…
Egypt regulator grants extension for Abu Dhabi’s Aldar on SODIC offer till Sept
Egypt’s market regulator announced on Sunday it had granted Abu Dhabi’s master-developer Aldar Properties an…
Egyptian Takaful Property wins Orange Egypt’s insurance policy tender
Egyptian Takaful Property and Liability Insurance (EGTAK) has won an insurance policy tender launched by Orange…
NBE leads major loan to build campuses for European universities in Egypt
The National Bank of Egypt (NBE), the country’s largest public lender, has led a 962 million Egyptian pound ($61.2…
Egypt’s Faisal Islamic Bank H1 net profit grows 28.5%
Faisal Islamic Bank of Egypt reported on Thursday a 28.5 percent year-on-year growth in net profit after tax for…