Economy

Commercial International Bank (CIB), one of Egypt’s largest private banks, issued today a U.S. dollar-denominated certificate of deposit with the highest returns on medium-term depository products in the Egyptian banking …

CI Capital (CICH.CA), the leading diversified financial services group, announced today the successful conclusion of a c.EGP 15bn securitized bond issuance on behalf of Al Taamir Securitization, the originator of …

The Ministry of Petroleum and Mineral Resources will award seven gold exploration licenses to LSE-listed gold miner Centamin and Canadian firm Barrick Gold this week, Asharq Business reported yesterday, citing …

Yesterday, Qalaa Holdings, a leader in energy and infrastructure (CCAP.CA on the Egyptian Exchange), released its consolidated financial results for the first quarter ending 31 March 2023. The Group recorded …

The Suez Canal Economic Zone (SCZONE) has signed a series of agreements for $60 million in investment projects in the China-Egypt TEDA Cooperation Zone and New Administrative Capital.SCZONE has inked …

On Saturday, the Minister of Trade and Industry, Ahmed Samir, maintained the ban imposed on the export of oxygen for a year as of July 15, except with the approval …

GoDaddy Inc. (NYSE: GDDY), the company that helps entrepreneurs thrive, has introduced its guide on how businesses and entrepreneurs can boost their sales and expand their business, as the weather …

Egypt’s Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed on Wednesday, July 12, the handover of the first Egypt-made oil rig at the factory of the Egyptian Petroleum …

Amazon.eg is planning to launch hundreds of thousands of deals exclusively for Amazon Prime members this Amazon Prime Day in Egypt on July 11 and 12. Anyone can join Prime …