Egypt’s house to tackle traffic law amendments, imposing new annual vehicle fees
Egypt's parliament – the House of Representatives – will get down to business on Sunday, set to discuss new…
Alfa Medical plans IPO on Egypt bourse in 2023
Alfa Medical (AMG) is planning an initial public offering (IPO) on the Egyptian stock exchange (EGX) in 2023, its…
Egypt’s Banque du Caire to partner with foreign investor for set up e-payments company
Egypt’s state-owned Banque du Caire will be partnering with an unnamed foreign investor to set up an e-payments…
Juhayna’s CEO & Deputy Chairman detained; stock slides more than 11%
Juhayna Food Industries announced that its CEO and Deputy Chairman, Seif El-Din Thabet, has been detained pending…
Egypt signs 2 protocols to localize, develop auto industry
Two cooperation protocols between the Engineering Automotive Manufacturing Co. (EAMCO) and El Nasr Automotive…
Egypt receives 3.7m tourists during 2020, Tourism Minister
Egypt received about 3.7 million tourists in 2020 that brought in an average of $4.1bn in revenues, according to…
Egypt’s central bank keeps interest rates on hold in 1st meeting during 2021
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit…
Federation of Egyptian Banks donates EGP 500m for COVID-19 vaccine
The Federation of Egyptian Banks (FEB), headed by Mohamed El-Etreby, has contributed 500 million Egyptian pounds…
AT Lease completes 2nd securitisation issuance worth EGP 1.087bn
Al-Tawfeek for Financial Lease Company (AT Lease) has completed its second securitisation bonds issuance with a…
Emaar Misr, Hassan Allam, Orascom Construction agree to build hotels in North Coast
Emaar Misr for Development has signed contracts with Hassan Allam Holding and Orascom Construction Plc to build two…