Amer Group is close to issuing EGP 1.5bnworth of sukuk
Value will range between EGP 1.5-2bn: Sources
Shoukry meets with African ambassadors on Africa Day
Foreign Minister Sameh Shoukry received on Monday the African ambassadors accredited in Cairo as part of the celebration of Africa Day, which this year coincides with the 60th anniversary of…
MSMEDA, Giza partner to develop Mit Uqba, Ard El-Lewa areas using EU, AFD grant
Signing of both contracts came following the completion of UAUEEP Phase 1 in many areas deprived of basic infrastructure in Cairo and Giza. Representatives of AFD, MSMEDA and Giza Governorate…
FDC Summit supports cybersecurity, with participation of over 6,000 professionals
The organizing committee of the FDC Summit has announced the participation of more than 6,000 specialists in the activities of the summit’s fifth session, under the auspices of Amr Talaat,…
Socialist Party heads for victory in Albanian local elections
The ruling Socialist Party (SP) of Albania is heading towards a major victory in local elections held across the country on Sunday, according to the latest results published by the…
Iranian FM urges int’l support for Syria’s reconstruction
Amir-Abdollahian made the remarks during a meeting with UN Special Envoy for Syria Geir Pedersen in Tehran, the Iranian Foreign Ministry said in a statement.
CIB reports consolidated net income of EGP 6.06bn in 1Q 2023
The Commercial International Bank (CIB) Monday announced that its first-quarter 2023 consolidated net income reached EGP 6.06bn, or EGP 1.81 per share, up by 43% from last year. Management commented:…
Al-Hini elected as HDB’s non-executive chairperson, Ghanem re-elected as CEO
The Housing and Development Bank (HDB) has announced that Basil Al-Haini was elected as a non-executive chairperson of the Bank, and Hassan Ghanem won a new term as CEO. This…
FRA increases maximum financing limit for micro-enterprises to EGP 220k
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, issued Resolution No. 98 of 2023 to increase the maximum limit for financing from companies, associations and civil institutions to micro…
FRA to create lending pool to resuscitate short selling
EGX is waiting for initial approval to establish "future contracts settlement company"
