Egypt’s Banque Misr confirms getting approval for first Saudi Arabia branch
Banque Misr, Egypt’s second largest bank, confirmed news on Wednesday that it received approval to open a branch in…
Saudi Arabia approves opening of Banque Misr branch
Saudi Arabia’s Cabinet issued a decision on Tuesday that it approved a licence for Egypt’s state lender Banque Misr…
Egypt records EGP 25 bln initial budget surplus by Q3 of FY2020/21, Maait
Egypt recorded initial surplus of 25 billion Egyptian during the first nine months of the current FY2020/21 despite…
AfDB board approves €145 million loan for Egypt rail system upgrade scheme
The African Development Bank’s (AfDB) board approved on Tuesday a €145 million ($171.7 million) loan to finance…
Egypt’s stocks finished mixed on Tuesday, benchmark EGX 30 rebounds
Egypt’s stock exchange’s (EGX) indexes finished in mixed notes on Tuesday, with the benchmark EGX 30 index…
Egypt will likely see positive economic growth of 3% this year – IMF official
Egypt’s economy will maintain a positive growth ranging between 2.8 percent and 3 percent for this financial year,…
Japan’s JICA, Sumitomo Mitsui, Banque Misr signed $100 mln facility for Egypt MSMEs
The Japan International Cooperation Agency (JICA) along with Sumitomo Mitsui Banking Corporation (SMBC) and Banque…
National Bank of Egypt gets approval for first South Sudan branch
National Bank of Egypt (NBE), the country's largest state bank, has received approval to open a branch in South…
Egypt expects 5.4% growth rate for FY 2020/2021 – FinMin
The Egyptian government is seeking economic growth rates of 5.4 percent during fiscal year (FY) 2019/2020,…
Egypt’s stocks sank on Monday, market cap losses EGP 10.5 billion
Egypt’s stock exchange’s (EGX) indexes ended substantially lower on Monday, with the benchmark EGX 30 index…