Year: 2024

ABE reports impressive growth in business results for 2023

Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth

Hossam Mounir

NBE manages 28 financing deals worth EGP 322.5bn in 2023

Bank leads market in corporate financing, syndicated loans, with 36% share: Okasha

Daily News Egypt

CBE reconstitutes five main committees affiliated with Board of Directors

They are monetary policy, management, audit, capital markets, banking development committees

Hossam Mounir

Egypt’s Healthcare Authority, French IMM explore cooperation in medical tourism, health investment

Ahmed ElSobky, the Chairperson of the Healthcare Authority and General Supervisor of…

Fatma Salah

EGX launches new market ‘Tanmeya’ for voluntarily delisted companies

The Egyptian Exchange (EGX) plans to launch a new market called ‘Tanmeya’,…

Fatma Salah

Egypt’s Housing Ministry announces new facilities for mixed-use, industrial projects in new cities

Assem Al-Gazzar, the Minister of Housing, Utilities and Urban Communities, announced some…

Daily News Egypt

5G technology will boost data services’ revenues: Egypt Telecom CEO

Mohamed Nasr, the CEO and Managing Director of Telecom Egypt, said that…

Mohamed Alaa El-Din

Egypt needs $4bn in external financing for current fiscal year: Finance Ministry

Moody’s did not consider government’s current efforts when it changed outlook to…

Daily News Egypt

Egypt, Argentina explore environmental cooperation

Egypt’s Environment Minister Yasmine Fouad met with the Argentine Ambassador to Cairo,…

Daily News Egypt

Sudan suspends its IGAD membership

Sudan has suspended its membership in the Intergovernmental Authority on Development (IGAD),…

Sami Hegazi