National Bank of Egypt acquires 24% stake in Aman Financial Services for EGP 480m
National Bank of Egypt Chairperson Hisham Okasha said that this step is an important step for the bank towards reducing cash transactions
Court upholds death penalty against 2 men over killing woman in Cairo’s Maadi
The fatal incident, which took place in the Cairo district of Maadi, caused Mariam Mohamed’s immediate death at the scene.
Egypt’s microfinance records EGP 42.7bn in September
Mona Zulfikar, Chairperson of the Egyptian Microfinance Federation said that the beneficiary base rose by 0.5% to 3.9 million customers in Q3 of 2020
Central African Republic opposition calls for cancellation, rerun of elections
Central African Republic opposition cited low voter turnout in provinces under threat from armed rebels and electoral irregularities linked to insecurity
Egypt’s mobile regulator, operators sign new frequency agreements
New frequencies to be introduced according to market needs, says CIT Minister Amr Talaat
Ethiopian Dam negotiations to recommence next Sunday
Year 2020 witnessed GERD negotiations under supervision of US President Donald Trump and with World Bank participation
UK pledges urgent aid for families hit by COVID-19, hunger
Around the world, the UK is releasing new emergency aid worth £47m to help over 1.3 million vulnerable people who face daily threats of hunger, conflict, and the repercussions of…
Egypt’s e-government receipts increase up to EGP 4bn monthly during COVID-19
Egypt’s e-government receipts jumped in 2020, from EGP 1bn to EGP 4bn per month following the outbreak of the novel coronavirus (COVID-19) pandemic. The significant jump reflected an annual growth…
Alexandria to see 279 development projects worth EGP 16.6bn in FY 2020/21
Public investments allocated to Alexandria increased by 35% from FY 2019/20, says Hala El-Said
Egypt reports respective 17%, 12% decrease in trade deficit, imports
Country’s exports stood at EGP 22.8bn in 11M of 2020
