Agricultural Bank of Egypt offers EGP 14.2bn loans for Upper Egypt development projects

Bank’s loan portfolio to finance agriculture production in Upper Egypt reaches EGP 2.9bn, of which EGP 1.6bn allocated to financing sugarcane cultivation: Chairperson Alaa Farouk

Hossam Mounir

Christmas holidays boost commodities sales:FEDCOC

Clothes, gifts, perfumes, and Santa Claus dolls are best-selling

Daily News Egypt

Financial Group tops brokerage market in 2021, with EGP 103.88bn worth transactions

The Commercial International Brokerage Company maintained its runner-up position by recording total transactions worth EGP 93.006bn, securing a market share of 10% of the total stock exchange transactions.

Alyaa Stohy

EGX witnesses EGP 8bn of IPOs in 2021, 4 new offerings expected in 2022

Sources believe that the EGX will witness four new IPOs in the first quarter (1Q) of the new year — including two from the business sector and two from the…

Alyaa Stohy

MSMEDA pumps EGP 6.2bn to finance 178k projects in 11M 2021: Trade Minister

Gamea indicated that the agency is now working, in cooperation with various state agencies, to implement the political leadership’s directives to provide more facilities to the small projects sector by…

Hossam Mounir

CBE’s assets increase to EGP 2.412trn in November 2021

According to the CBE’s financial position report for November, the bank’s balances increased to EGP 312.8bn in November, up from the EGP 289.574bn recorded in June.

Hossam Mounir

Attijariwafa Bank Egypt takes part in 4 securitisation bond offerings worth EGP 700m in 4Q 2021

The bank participated as a coverage guarantor with a value of EGP 200m in favour of the Hermes Financial Group, which amounted to EGP 790m.

Hossam Mounir

Ministers of Environment, Local Development discuss new municipal waste system

Environment Minister Yasmine Fouad highlighted the importance of involving the private sector in the new municipal solid waste system

Daily News Egypt

Unstable weather in Egypt, school suspended in five governorates

The Ministry of Health and Population announced that 13 citizens died and were injured due to the unstable weather.

Daily News Egypt

Government plans to borrow EGP 602.25bn in 3Q FY2021/22

Ministry of Finance aims to issue 52 T-bills bids worth EGP 405bn, 48 T-bond bids worth EGP 197.25bn from January to March 2022

Daily News Egypt