Fitch: Egyptian banks’ credit risks ease on improving economy, better operating…
Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on…
IFC invests $100 million in Egypt’s first private sector green bond
The International Finance Corporation (IFC), a World Bank member, announced on Wednesday it is investing $100…
H.B. Fuller is building new facility in Egypt to serve as regional supply hub
Adhesive maker H.B. Fuller Co announced on Wednesday a strategic investment to build a new facility in Cairo to…
Realme launches realme 8 5G – its first 5G smartphone in Egypt
Chinese smartphone maker Realme announced on Monday the launch of Realme 8 5G, its first 5G device in the Egyptian…
Egypt’s stocks close in red on Tuesday as EGX 30 tumbles 0.88%
Egypt’s stock exchange (EGX) has end lower on Tuesday as the benchmark EGX 30 index tumbled 0.88 percent to 10,726…
Egypt’s Banque Misr mulls new Islamic lending for corporates
Banque Misr, Egypt’s second largest bank, is studying new sharia-compliant credit facilities worth up to 14.2…
National Bank of Egypt Q1 net profit jumps 161.6%
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Tuesday a 161.6 percent…
Lafarge, GIZ promote gender diversity and inclusion in Egypt’s cement industry
Lafarge Egypt, a member of Holcim Group, announced on Monday its Employment of Young Women Programme in cooperation…
Egypt’s non-oil private sector activity falls, but job creation rates pick up – PMI
Egypt’s non-oil private sector activity saw weaker conditions in July as output and new orders receded, a survey…
DP World signs deal to restart livestock facility in Egypt’s Ain al-Sokhna
DP World Sokhna, part of Dubai’s ports operator DP World, signed on Monday a multi-year agreement with Egypt’s…