Egypt’s GDP seen hitting EGP 6.4 trillion in FY2020/21 – minister
Egypt’s GDP is expected to hit 6.4 trillion Egyptian pounds ($408.1 billion) in the financial year 2020/2021 ending…
IMF seen releasing staff report on Egypt’s economic performance today – official
The International Monetary Fund (IMF) is expected to release on Tuesday a staff report on Egypt’s economic…
Egypt’s stocks finish lower on Monday, benchmark EGX 30 edges down 0.47%
Egypt’s stock exchange’s (EGX) indexes ended lower on Monday, with the benchmark EGX 30 index plummeting 0.47…
Egypt’s EFG Hermes eyeing minority stakes in startups after AIB acquisition deal
Egypt’s investment bank EFG Hermes Holding is targeting minority stakes in startups after its acquisition of a…
EgyptAir expected to sign EGP 5 bln loan with Banque Misr, NBE next month
Egypt’s national carrier EgyptAir is expected to sign a definitive agreement soon with two major lenders on a…
Egypt’s Commercial International Bank net profit grows 20% in Q1
Commercial International Bank (CIB), one Egypt’s largest private banks, reported on Sunday a 20 percent…
Egypt court to rule on Suez Canal versus Ever Given today
An Egyptian court is set to rule in a case by Suez Canal Authority against the owner of the giant container ship…
Suez Canal is infrastructure route for entire world, not just Egypt – ambassador
Italian Ambassador to Cairo Giampaolo Cantini said on Thursday the Suez Canal plays a pivotal role in global trade,…
AlexBank coordinates with partners to tap Suez Canal Economic Zone – official
AlexBank is taking part not just as a financial institution but also as a coordinator with distinguished partners…
Egypt’s Suez Canal revenues grow 15.8% y-o-y in April: official
Egypt’s revenues from the Suez Canal rose 15.8 percent year-on-year to $551.5 million in April, the head of the…