Drugmaker Bausch to sell stake in Egypt’s Amoun Pharma to ADQ for $740 mln
Canadian drugmaker Bausch Health Companies Inc announced on Wednesday that it would sell all its stake in Egypt’s…
Egypt’s state-run Banque du Caire 2020 net profit hits EGP 3.2 billion
Banque du Caire, Egypt’s third largest public state-lender, reported on Wednesday solid growth rates and positive…
Egypt’s stocks finish lower on Wednesday, benchmark EGX 30 losses 1.60%
Egypt’s stock exchange’s (EGX) indexes finished lower on Wednesday, with the benchmark EGX 30 index sank 1.60…
Egypt’s Tamweely Microfinance net profit grows 75% in 2020
Egypt’s Tamweely Microfinance announced on Wednesday strong results for its 2020 financial year ending December 31,…
Egypt to review 15% duties on iron billet, rebar imports in April
Egypt’s Ministry of Trade and Industry will review import duties of 15 percent on iron billets and steel rebar in…
Egypt may see 5-6 new listings hitting stock market during 2021 – official
Egypt could be witnessing five or six new listings on its stock market during 2021, which may pave the way for the…
Al Tamimi & Company opens office in Egypt’s Port Said
Corporate law firm, Al Tamimi & Company announced on Wednesday it had launched an office in the Egyptian canal…
Egypt to receive 854,000 COVID-19 vaccine doses through COVAX starting today
Egypt would receive a new batch of 854,000 coronavirus vaccine doses through the COVAX vaccine-sharing programme…
Egypt’s agriculture bank will get additional EGP 1bn from CBE for livestock project
The Central Bank of Egypt (CBE) has approved an additional 1 billion Egyptian pounds ($63.7 million) to finance the…
B Investments Holding’s profit jumps 66% during 2020
B Investments Holding’s consolidated net profits s soared by 66.2 percent year-on-year (YoY) to 287.9 million…