African Development Bank (AfDB) approved in November a loan worth $131 million to promote private sector development and economic diversification…
Browsing: Investment and Finance
The severe US dollar shortage in Egypt has prompted major international credit rating agencies to downgrade the country’s long-term sovereign…
UAE-based Global Investment Holding (GIH) company has acquired 30% of Egypt’s major tobacco producer Eastern Company for $530.86 million (EGP…
In the midst of daunting economic challenges, Egypt is at a crucial juncture, prompting experts to call for a rethink…
The Central Bank of Egypt (CBE) has doubled the daily and monthly transaction limits for financial inclusion accounts, prepaid cards,…
Savings holders in Egypt are looking for a haven to protect their finances from the economic fluctuations that are being…
The British multinational Standard Chartered (StanChart) bank is poised to commence full-fledged banking operations in Egypt by the end of…
Middle Eastern countries mainly Egypt, Lebanon, and Jordan, are expected to be impacted severely by the escalation of the Israel-Palestine…
Egypt’s Prime Minister Moustafa Madbouly officially opened four schools to mark the first phase of the Cosmic Village land development…
The Central Bank of Egypt (CBE) has released its Balance of Payments (BoP) statement for the fiscal year 2022/2023, which…
