One of Egypt’s oldest lenders prepares to launch its first digital bank in Q1-2022
Banque Misr, Egypt's second biggest state lender, is expected to launch a digital bank in the homeland within the…
Egypt’s core inflation climbs to 4.6% yr/yr in July – central bank
Egypt’s year-on-year core inflation accelerated to 4.6 percent in July from 3.8 percent in June, the central bank…
Reinsurer ASR plans to establish new hubs in Egypt, and five other African countries
Africa Specialty Risks (ASR), the pan-African focused reinsurance group, is planning to establish business…
Egypt’s stocks close higher on Tuesday, benchmark EGX 30 gains 0.49%
Egypt’s stock exchange (EGX) has finished trading higher as the benchmark EGX 30 index surging 0.49 percent to…
Endeavour Mining Q2 earnings at $183 mln, gold output up 18%
West Africa-focused gold miner Endeavour Mining, whose largest shareholder is Egyptian telecoms billionaire Naguib…
Egypt’s annual urban consumer inflation surges to 6.1% in July – CAPMAS
Egypt’s annual urban consumer inflation accelerated to 6.1 percent in July, compared to 5.3 percent in June,…
Shareholders of Blom Bank Egypt agree to sell to Bahrain’s Bank ABC
Shareholders representing about 99.5 percent of the shares of Blom Bank Egypt have accepted the mandatory tender…
Telecom Egypt H1 net profit climbs 88% y-o-y
State-run Telecom Egypt reported on Tuesday an 88 percent year-on-year growth in net profit for the first half of…
Egypt’s stocks end in mixed notes on Monday, benchmark EGX 30 adds 0.57%
Egypt’s stock exchange (EGX) has ended in mixed notes on Monday as the benchmark EGX 30 index adding 0.57 percent…
Egypt’s CI Capital net profit jumps 376% in H1
Egypt's investment bank CI Capital Holding for Financial Investments reported on Monday a 376 percent year-on-year…