On Wednesday, the Egyptian pound (EGP) experienced a depreciation against the US dollar (USD) as the trading day commenced. According to Amwal Al Ghad, Major banks in Egypt, including the …
Economy
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Bokra, the MENA region’s first goal-achiever app backed by real assets, announced its strategic partnership with the Canadian International College (CIC), marking a pivotal moment in Egypt’s educational and entrepreneurial …
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LOGIC Consulting, a leading regional management consulting firm, has collaborated with the fourth edition of the Egypt Entrepreneur Awards (EEA) as its Ecosystem Partner. The partnership highlights the shared vision …
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As Egypt continues its economic reform journey, the upcoming fourth review by the International Monetary Fund (IMF) in November holds significant importance. The successful completion of this review is crucial …
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aiBANK has officially unveiled its new identity as Bank NXT, marking a significant milestone in its journey towards becoming a leading financial institution in Egypt. The rebranding underscores the bank’s …
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The Central Bank of Egypt (CBE) is set to launch an investment guarantee agency for Africa Today, 1st October, with a capital of $50 million, according to Deputy Minister of …
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The Central Bank of Egypt (CBE) and the Central Bank of Tunisia have entered into a memorandum of understanding (MoU) in the banking sector to strengthen collaboration in areas of …
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Economy
Local Development Minister Announces that Mashroak Allocated EGP 29.3 Bln to Support 213,500 Projects Across the Country
The national initiative “Mashroak” for community, human, and local development has granted loans totaling EGP 29.3 billion to 213,500 projects since its launch in 2015 until September 2024, as stated …
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I pay careful attention to the upbeat remarks made by officials regarding the Egyptian economy. I am fully aware of the numerous reforms that are in progress and the notable …
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Economy
Agricultural Bank of Egypt, Al Tadamun for Microfinance Ink Deal to Fund Women-owned Micro-projects
Al Tadamun for Microfinance, a leading institution in financing women’s micro-enterprises, has signed a new financing agreement with the Agricultural Bank of Egypt (ABE) worth EGP 100 million. This partnership …