Egypt primary surplus at EGP 14 billion in H1 FY20/21
Egypt registered a primary budget surplus of 0.2 percent of GDP, amounting to around 14 billion Egyptian pounds…
UK to establish new finance facility to support trade, exports with Egypt
The UK will establish a new finance facility, located in Egypt, that aims to reinforce trade ties between the two…
IFC, Egypt’s Fintech Association join forces to support private sector’s entrepreneurs
The International Finance Corporation (IFC), a member of the World Bank Group, is cooperating with the Egyptian…
Egypt’s c.bank urges banks to facilitate measures for opening new bank accounts
The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening…
Egypt’s stocks bounce back on Wednesday, benchmark EGX 30 climbs 2.20%
Egypt’s stock exchange’s (EGX) indexes closed higher on Wednesday, with the benchmark EGX 30 index climbing 2.20…
Abu Dhabi Islamic Bank Egypt profits at EGP 1.196 billion at 2020-end
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday positive consolidated financial results for the…
Lafarge Egypt partners with National Research Centre to promote for innovative…
The National Research Centre (NRC) together with Lafarge Egypt, a member of LafargeHolcim Group, have recently…
Egypt’s economy resilient amid pandemic thanks to economic reforms – minister
Egypt’s economic reforms have enhanced its ability to absorb shocks, the economy shows strong performance amid the…
World Bank to announce new strategic partnership with Egypt for next 4 years
The World Bank plans to focus on improved governance, private sector job creation and social inclusion in Egypt…
CBE extends exemption of 3 commodity imports 1 more year from cash requirement
The Central Bank of Egypt (CBE) has extended the exemption period for rice, lentils, and beans from the 100 percent…