Elsewedy Electric acquires 2 firms worth $60m, enters into Asian markets
Elsewedy Electric has entered the Asian market through acquiring shares in two companies involved in the…
Egypt offers to reduce compensation claim for Suez Canal blockage
Egypt offered to cut claims by a third for compensation from owners of the giant container ship Ever Given that…
Egypt’s stocks start week higher, benchmark EGX 30 adds 0.52%
Egypt’s stock exchange’s (EGX) indexes ended mostly higher on Sunday, with the benchmark EGX 30 index adding 0.52…
Integrated Diagnostics Holdings receives Egyptian regulatory approval for dual listing on…
Integrated Diagnostics Holdings (IDH) announced on Sunday that it has received approval from the Egyptian Financial…
NBE to finance 1.5-million-feddan reclamation project beneficiaries
The National Bank of Egypt (NBE) has signed a cooperation protocol with the Egyptian Countryside Development…
S&P Global affirms Egypt’s sovereign credit rating at B; outlook stable
S&P Global Ratings (previously Standard & Poor's) affirmed on Friday its 'B/B' long- and short-term foreign…
NBK Egypt’s net profit sees a slight increase during Q1-21
The National Bank of Kuwait – Egypt (NBK Egypt) has seen a net profit of 404.11 million Egyptian pounds during the…
Production index for transformative, extractive industries rises 2.25% in February
The production index for transformative and extractive industries, excluding crude oil and petroleum products,…
Egypt Petroleum Show ‘EGYPS’ postponed to February 2022
The Petroleum Ministry decided to postpone the fifth edition of Egypt Petroleum Show (EGYPS 2021), originally set…
Afreximbank’s efforts in providing Covid-19 vaccines for African countries is supported,…
Egypt’s keenness to back the Afreximbank’s efforts to support the African continent amid the novel coronavirus…