Egypt announces end to Kenya’s tariff crisis
he Egyptian Minister of Trade and Industry, Nevine Gamea, announced an end of a crisis that affected exports to…
Browsing Tag
Kenya
Kenya backtracks from slapping 25% tariffs on Egyptian exports
Kenya has made U-turn on its decision to impose 25 percent tariffs on Egyptian exports. Kenya has proposed to…
Egypt awaits a clarification after Kenya imposes 25% tariffs on Egyptian exports
The Kenyan government has imposed 25-percent tariff on Egyptian exports in violation of the COMESA free trade…
Egypt’s Commercial International Bank acquires 51% of Kenya’s Mayfair
Egypt's biggest private bank, Commercial International Bank (CIB) has acquired a 51 percent stake in Kenya’s…
Avigan, Japan’s wonder drug, and the race for coronavirus treatment
To date, there is no approved drug for coronavirus disease, yet the Japanese anti-flu Avigan – produced in 2014 –…
Egypt’s Banque Misr to open branch in Somalia in Q2
Banque Misr, Egypt’s second largest bank, plans to open a branch in Somalia within the second quarter of the year,…
5 African countries invite Egyptian contractors to invest in $650mn projects
Egyptian contracting firms are invited to participate in eight giant infrastructure projects in five African…
CIB Egypt bank eyes takeover of Kenyan bank Mayfair
Commercial International Bank (CIB), Egypt’s largest private lender, is planning to buy one of Kenya’s lower-tier…
Egypt’s Hogar Construction mulls social housing flagships in Kenya
Egypt’s Hogar Construction and Development is studying a number of social housing flagships in Kenya, its chairman…
Egypt’s Banque Misr to open 15 new offices in Africa in three years
Banque Misr, Egypt’s second largest bank, will expand its banking presence in 15 new markets across Africa, its…
