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Business
EFG Hermes KSA completes advisory on Alkhorayef Water & Power Technologies’ $ 144 mn…
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its…
El-Manara Development launches a residential project in El-Galala City
El- Manara Development launches its first integrated residential and tourist resort in Ain Sokhna’s Galala City,…
Moody’s sees Emerging markets’ real GDP to grow by 13.9% in 2021, 5% in 2022
Emerging market’s real GDP to grow by 13.9 percent in 2021 and by 5 percent in 2022, following a 7.2 percent…
Egypt will provide property tax services online via Digital Egypt platform
The Egyptian Minister of Finance, Mohamed Maait, said that all property tax services will be rolled out gradually…
Fawry eyes CIB Egypt bank, Banque Misr’s stakes in Fawry Plus
Egyptian e-payment giant Fawry is in the process of acquiring stakes owned by the Commercial International Bank…
National Bank of Egypt exempts MSMEs from e-commerce payments fees till June-end
The National Bank of Egypt, the country’s biggest state-run lender, announced on Thursday that it is exempting…
Egypt’s Housing and Development Bank seen a 7% lower net profit in 2020 initial results
Egypt's Housing and Development Bank (HDB) achieved a consolidated net profit of 2.06 billion Egyptian pounds…
Egyptian prominent businessman Hussein Sabbour dies at age of 85
Businessman Hussein Sabbour passed away on Thursday, at the age of 85, his son Omar Sabour announced on his…
U.S. optimistic of Egypt’s economy, supports country to be energy hub: Ambassador Cohen
The US is optimistic about Egypt’s economy and is aware of the many opportunities that can be tapped in the market…
Egypt to replace state-employees’ payroll cards with Meeza, Maait
Egypt’s state-employees’ payroll cards will be replaced entirely by prepaid Meeza electronic cards once they…
