Egypt’s official admission to the BRICS group is crucial for the country’s connections with developing nations, according to statements by the Minister of International Cooperation, Rania Al Mashat. Mashat noted …
Economy
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During the week, the Minister of International Cooperation in Egypt, Rania Al-Mashat, held a meeting with Soha Ali, the Executive Director and Senior Country Representative of JPMorgan Chase Egypt, alongside …
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According to its chairman, Mohamed El-Etreby, Banque Misr, the second-largest state lender in Egypt, plans to launch its first digital bank in the country in the first quarter of 2024. …
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At the end of Monday’s trading session, indices of the Egyptian Stock Exchange (EGX) showed combined increases, supported by significant purchases by institutions, Arab and foreign investment funds, and sales …
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The Central Bank of Egypt (CBE) has recently made a significant announcement regarding establishing green banks. These banks specialize in providing low-cost financing for clean and renewable energy projects and …
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According to a press release by the Ministry of Communication and Information Technology, the Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) is organizing …
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African Export-Import Bank (Afreximbank) has agreed to extend a USD 400 mn loan to the state-owned Chemical Industries Holding Company (CIHC) for a USD 1.2 bn phosphate fertilizers complex in …
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According to a recent press release, Banque du Caire has experienced a significant increase in net profits after tax in the first half of 2023. Specifically, the bank’s net profits …
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The Central Bank of Egypt (CBE) has released its latest financial statement, revealing its plans to establish a new company focusing on financial digital identification. The CBE has committed to …
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Visa, the world’s leader in digital payment, partnered with Lahunna Oman to shape young women leaders and strengthen financial literacy through a local initiative with Sidrah, a Youth Leadership Program …
