Egypt’s Ebtikar moving ahead with IPO of e-payment units
Ebtikar Holding for Financial Investments, a joint venture (JV) between MM Group for Industry and International…
Egypt’s stocks close lower, benchmark EGX 30 tumbles 0.34% on Sunday
Egypt’s stock exchange’s (EGX) indexes ended lower on Sunday, with the benchmark EGX 30 index moving down by 0.34…
Al Ahli Bank of Kuwait–Egypt 2020 net profit grows 27% y-o-y
Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) reported on Sunday a 27 percent year-on-year growth in net profit during…
IIF expects Egypt’s economy to grow 2.3% in FY2020/2021
Egypt’s economy is expected to grow 2.3 percent in the 2020/2021 financial year ending in June, The Institute of…
Egypt’s central bank launches initiative to cancel fees on activating e-collection…
The Central Bank of Egypt (CBE) launched an initiative to cancel all fees that private sector’s MSMEs bear to…
IMF chief lauds Egypt economic response to coronavirus crisis
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva lauded on Saturday efforts by…
Elsaeed Contracting planning to implement new EGP 400m project in New Luxor
Elsaeed Contracting and Real Estate Investment Company has been awarded a new contracting project in New Luxor…
Egypt confirms 600 new coronavirus cases, 36 deaths on Saturday
Egypt's health ministry reported 600 new coronavirus cases on Saturday, bringing the total infection tally to…
Dana Gas posts $376 million 2020 net loss amid impairments on Egyptian assets
United Arab Emirates energy firm Dana Gas said it posted a 2020 net loss of $376 million compared to a net profit…
Orascom Financial Holding acquires 29% stake in Sarwa Capital, 74.5% of Beltone
Orascom Investment Holding (OIH) sold its entire stake of 29.25 percent in Sarwa Capital Holding for Financial…