On this day, December 16, we commemorate the first anniversary of the International Monetary Fund’s (IMF) approval of the Extended…
Browsing: Investment and Finance
Egypt launched its first automated teller machine (ATM) for real-time purchase of bullion in November in partnership between local gold…
African Development Bank (AfDB) approved in November a loan worth $131 million to promote private sector development and economic diversification…
The severe US dollar shortage in Egypt has prompted major international credit rating agencies to downgrade the country’s long-term sovereign…
UAE-based Dana Gas plans to pump around $43 million in investments in the Egyptian market in 2024, according to the…
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…