Africa Finance Corporation (AFC) and International Islamic Trade Finance Corporation (ITFC) are set to extend a $250 million Sharia-compliant loan.
17.01.2024 Ahram Online
Zeal, an Egyptian fintech startup, has raised $4 million in funding to expand its technology throughout Europe, the Middle East, and Africa
17.01.2024 tech point
Foreign companies can now retain their capital increase deposit in foreign currency, rather than having it converted to Egyptian pound by the bank.
17.01.2024 Ahram Online
Al Baraka Bank Egypt and EG Bank announced new restrictions on foreign currency transactions on Tuesday through their respective websites.
17.01.2024 Egypt Today
Will include green, blue, social, and sustainable bonds to support Egypt’s Vision 2030.
16.01.2024 economy middle east
Short-term external debt includes government obligations that are scheduled to be paid off within a year or less.
15.01.2024 Ahram Online
Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far.
15.01.2024 Ahram Online
The USD has approached a new high of EGP 57 in the parallel market in Egypt, while gold prices started the week with EGP 100 jumps in the gram price.
15.01.2024 Ahram Online
Recorded 33.7 percent in December, down from 34.6 percent in November.
14.01.2024 economy middle east
As of December 29th, Egypt held a weight of 0.61% in the Global Diversified Index, as disclosed by JPMorgan.
14.01.2024 African markets
