The Saudi Public Investment Fund is in advanced talks for the acquisition of The United Bank, which is owned by the Central Bank of Egypt.
14.12.2022 Egypt Independent
The 2 parties stressed that the signing of this agreement comes within the framework of keenness on keeping pace with the plans and strategies of CBE.
14.12.2022 Daily News Egypt
Minister of Immigration meets major Egyptian investors in UAE to discuss available opportunities in several fields.
14.12.2022 Daily News Egypt
The report issued by the Cabinet indicated the increase in the growth rate of Egyptian exports by 53.1 percent during the fiscal year 2021/2022.
14.12.2022 Egypt Today
Egypt’s external debt was estimated at $155.7 billion by June 2022, according to Central Bank of Egypt data.
13.12.2022 Business Forward AUC
The social housing financing programme began in 2015 at a value of $1bn to provide adequate housing for low and middle-income people.
13.12.2022 Daily News Egypt
The United Bank was established in 2006 and has 65 branches nationwide and more than 200 ATMs.
13.12.2022 Egypt Today
The company’s revenues also increased to EGP 59.24m, compared to EGP 17.5m.
11.12.2022 Daily News Egypt
The Finance Minister commented: “I hope that 2023 will be a year of stability, whether security or economic.”
11.12.2022 Egypt Independent
The value of imports exempted from the letters of credit system was increased to $500,000, instead of $5,000.
11.12.2022 Zawya
