Egypt’s unemployment rate eased to 7.2% in Q2-FY2020/21 – minister
Egypt’s unemployment rate inched down to 7.2 percent in the second quarter of the financial year 2020/2021 compared…
Libra Capital signs EGP 200 million loan with AAIB
Libra Capital, part of Cairo-based infrastructure investment firm Enara Group, said on Wednesday it signed an…
Egypt repaid over $15 bln in foreign debt in first nine months of 2020
Egypt repaid around 15.15 billion in foreign debt in the first nine months of 2020, the central bank said in a…
Egytrans receives business integration offer from H.A. Utilities Holding BV
Egyptian major provider of logistics and transportation solutions, Egytrans announced on Wednesday that H.A.…
Egypt’s stocks end lower on Wednesday, benchmark EGX 30 tumbles 0.90%
Egypt’s stock exchange’s (EGX) indexes closed lower on Wednesday, with the benchmark EGX 30 index tumbling 0.90…
Fitch keeps Egypt’s rating at B+ with stable outlook, GDP growth to reach 3%
Egypt’s long-term foreign currency issuer default rating (IDR) remains at B+ with a stable outlook, according to…
Al Baraka Bank – Egypt gets financial regulator approval for capital raise
Egypt's Financial Regulatory Authority (FRA) approved on Tuesday the publication of a disclosure form submitted by…
Egypt seen a slight increase in its annual headline inflation during February
Egypt’s annual headline inflation rate rose by 0.1 percent month-on-month (MoM) to 110.3 points in February to…
Customer loans increase to EGP 2.38trn at end of October 2020
Loans provided by banks in Egypt, excluding the Central Bank of Egypt (CBE), increased by 1.09 percent recording…
Egypt’s AlexBank says 2020 pre-tax profits hit EGP 3.2 billion
Egypt’s AlexBank announced on Tuesday that it made profits before tax worth up to 3.178 billion Egyptian pounds…