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…
Egypt’s Orascom Financial Holding teams up with EXCEL to launch new fintech firm
Orascom Financial Holding announced on Tuesday it has teamed up with EXCEL to launch a new financial technology…
Egyptian digital bill payments firm Fawry 2020 net profit climbs 81%
Egyptian e-payment giant Fawry reported on Tuesday an 81 percent year-on-year growth in net profit in 2020.
Egypt’s stocks close higher on Tuesday, benchmark EGX 30 slightly 0.01% up
Egypt’s stock exchange’s (EGX) indexes closed higher on Tuesday, with the benchmark EGX 30 index slightly rose 0.01…