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.
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…
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…
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.
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.
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
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.
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
Citizens should follow same precautions of COVID-19 against ‘Florona’: Health Ministry
This statement was released in response to what was published regarding the emergence of a new virus that combines corona and bird flu called Florona, after Israel announced its first…
Ethiopian army accused of killing 250 Tigrayans in Abala, Afar
In a press statement, the government of Tigray said that Ethiopian forces and their allies are looting, harassing, and killing civilians living in the area.
