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…
Egypt’s sovereign fund subscribes to invest EGP 250m in Egypt Education Fund
The Sovereign Fund of Egypt (TSFE) has subscribed to invest more than 250 million Egyptian pounds ($16 million) in…
Egypt is in 6th place among world’s top recipients of remittances, CAPMAS
Egypt ranked sixth in the classifications of the World Bank regarding the world’s top recipients of remittances…
Egypt to set up a new company to market, sell Spinning, Weaving products
Egypt aims at establishing a new company to market and sell the products of the Holding Company for Spinning and…
Oil prices dip as traffic in Suez Canal resumes after stranded Ever Given refloated
Oil prices edged lower on Tuesday as traders breathed a sigh of relief after the giant cargo ship that blocked the…