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Money
Foreign currency inflows into Egypt state banks at $240 billion since pound float
Foreign inflows into Egypt’s two biggest state banks, National Bank of Egypt and Banque Misr have reached $240…
SODIC will soon announce an international financial advisor for Aldar acquisition bid
Sixth of October Development and Investment Company (SODIC) will soon announce its selection of the international…
Egypt pumps EGP 83bn investments into Upper Egypt since 2014
The Egyptian Ministry of Housing, Utilities, and Urban Communities has pumped investments of 83 billion Egyptian…
BNP Paribas: Egypt’s economy to grow 3.1% this financial year
Egypt’s economy is expected to grow at a 3.1 percent clip in the current 2020-2021 financial year, BNP Paribas said…
Egypt has strong macroeconomic foundation, only in MENA to see growth during 2020, EBRD
Egypt was the only country in the MENA region to see positive growth in 2020 despite repercussions of the…
EBRD Chief Renaud-Basso to meet Egypt President Sisi today
For the first time since her election as head of the European Bank for Reconstruction and Development (EBRD),…
Banque Misr to provide e-collection services to Cairo Airport
Egypt’s second biggest state lender, Banque Misr signed a cooperation agreement with Cairo Airport Company to…
Egypt among few MENA economies to see positive growth during 2021– Fitch
Egypt is one of three MENA economies that will see GDP growth return to pre-COVID levels in 2021, Fitch Solutions…
CBE issues new regulations for mobile wallet users
Mobile wallet users will soon be able to access loan and saving services in real time under new regulations by the…
World Bank’s MIGA committed to support Egypt’s vital sectors
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group (WBG), renewed its commitment…