Fawry Microfinance receives preliminary approval to add SME financing to its portfolio
Fawry one of Egypt's leading e- payments solutions providers, announced on Tuesday that its subsidiary, Fawry Microfinance, has received preliminary approval from the Financial Regulatory Authority (FRA) to add Small…
ADI Capital arranges EGP 1.65bn worth of Islamic syndicated finance for Kharafi National
5 Egyptian banks participate in Islamic financing deal
Egytrans to commence acquisition of NOSCO after shareholders’ approval
NOSCO acquisition to proceed in 4Q 2023
4.3% increase in trade deficit during May 2023
Egypt’s trade deficit reached $3.74bn during May 2023, versus $3.57bn for the same month of previous year, an Increase of 4.3%. The value of exports decreased by 20.9% as it…
saib Bank achieves pre-tax profits equivalent to EGP 603.1m in 1H 2023
Bank's net profit amounts to EGP 374.9m
CBE Governor receives delegation from Central Bank of South Sudan
CBE announces readiness to support banking capabilities of South Sudan
Flat6Labs, SIAC, Dar launch first-ever construction-focused accelerator programme in MENA
Programme to initially focus on Egyptian entrepreneurs, before expanding to Saudi Arabia, wider MENA region
Hani Salama to be honoured at first Hurghada Youth Cinema Festival
The management of the Hurghada Youth Cinema Festival, in its first and inaugural edition, has decided to honour the star, Hani Salama. This is in recognition of his diverse and…
Egypt, China’s Xinjiang discuss holding tourism exhibitions in Cairo by 2024
Beijing- Wang Jie, Deputy Director-General of Culture and Tourism Department of Xinjiang Uygur Autonomous Region, stated that there are discussions between the Xinjiang Tourism Administration and Egypt’s Ministry of Tourism…
Niger coup: Why an Ecowas-led military intervention is unlikely
Hopes are fading for a quick resolution of Niger coup or the potential use of force by the Economic Community of West African States (Ecowas) to free Nigerien president Mohammed…
