Remittances from Egyptian expats surge 65.5% YoY in August – CBE
Remittances from Egyptian expats recorded a new high in August 2024, increasing by 65.5 per cent year-on-year to…
Egypt’s Sokhna to host new $20m plastic recycling facility
Nile Recycling signed on Monday a $20 million agreement with industrial developer Main Development Company (MDC) to…
Sri Lanka’s tourism revenues soar 59% in 10m
Sri Lanka's tourism industry saw a 59 per cent revenue increase to over $2.5 billion in the first 10 months of 2024…
Bitcoin hits record high on Trump election boost
Bitcoin surged past $81,000 on Monday, hitting a record high of $81,899 as crypto markets rallied on hopes of…
FRA signs MoUs to strengthen Egypt’s insurance sector
The Financial Regulatory Authority (FRA) has signed three memorandums of understanding (MOUs) with Egypt Post,…
Egypt’s CBE auctions EGP 2b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Monday the issuance of two billion Egyptian pounds worth of…
Egypt lending to agricultural sector drops to EGP 16.1b in ’23
Egypt provided 16.1 billion Egyptian pounds in investment loans to farmers and agricultural projects in 2022/2023,…
Talabat to sell 15% stake in Dubai IPO
Talabat Holding, the Middle East arm of Delivery Hero, announced plans to sell 3.49 billion shares, representing a…
German property prices up in Q3 ’24
Germany's property market saw slight price increases in the third quarter of 2024, with the Association of German…
Egypt’s c. bank offers EGP 10b fixed coupon T-bonds
The Central Bank of Egypt (CBE) will auction treasury bonds (T-Bonds) on Monday with fixed coupon worth 10 billion…