Finance News

The board of directors of the European Bank for Reconstruction and Development (EBRD) approved its country strategy for Egypt through 2027.
13.02.2022 | News by Ahram Online

The World Bank praised the economy’s ability to mitigate Covid-19. Al-Ahram Weekly reviews Egypt’s Economic Monitor report.
13.02.2022 | News by Ahram Online

Egypt’s economic growth rate increased by 9.8 percent in the first quarter of the fiscal year 2021-2022.
11.02.2022 | News by Egypt Independent

FAB has made a non-binding offer to buy at least 51% in EFG Hermes for 19 Egyptian pounds ($1.21) a share.
11.02.2022 | News by Reuters

Replicating the success of Robinhood in the U.S., some platforms are looking to create investors out of the region. One such is Egypt-based Thndr.
10.02.2022 | News by Tech Crunch

Egypt’s net international reserves (NIRs) edged up in January by $45 million to post $40.98 billion, up from $40.93 billion recorded in December.
06.02.2022 | News by Ahram Online

January PMI data signaled a solid and faster deterioration in business conditions across Egypt's non-oil economy.
06.02.2022 | News by Business Recorder

Global economic conditions affect local situation, so monetary and financial policy makers act carefully: Sherif Sami.
06.02.2022 | News by Daily News Egypt

All 18 analysts polled predicted Egypt's central bank would keep rates unchanged at its regular monetary policy committee meeting.
02.02.2022 | News by Reuters

Yalla Fel Sekka (YFS), whose business involves building a network of dark stores and micro-warehouses across Egypt secured a $7 million Series A round
02.02.2022 | News by Tech Crunch

The Egyptian social e-commerce market will be worth over $14.8 billion by 2024.
31.01.2022 | News by Tech Crunch

In its 2021 annual report, the ministry said that the map sheds light on the distribution of projects funded by multilateral and bilateral partners.
30.01.2022 | News by Egypt Today

The loan to strengthen the country’s financial position and meet emergency needs amid challenges caused by COVID-19.
30.01.2022 | News by Ahram Online

At the end of 2021 Fawry recorded an active daily users’ base of almost 2.5 million users.
Papers by Egypt Business Directory

Shoukry called on Omani investors and private business owners to make the best use of the mega economic and developmental projects in Egypt.
28.01.2022 | News by Egypt Today

Abu Dhabi Commercial Bank – Egypt (ADCB) has announced increasing its capital to EGP 5 billion (US$318m) from EGP 1.5 billion (US$95.48m).
27.01.2022 | News by ceo business africa

The International Monetary Fund upgraded Egypt’s real GDP growth by 0.4% in 2022 to 5.6 percent, compared to the fund’s October 2021 projections.
27.01.2022 | News by Ahram Online

These investments in Egypt’s debt instruments reflect the robust rebound of foreign investments in the Egyptian market in 2022.
21.01.2022 | News by Zawya

After its tourist industry was devastated by the coronavirus pandemic in 2020, the economy has bounced back from the worst of the slowdown.
20.01.2022 | News by Zawya

The statement did not say when the increases will be applied, but they are expected with the start of the new fiscal year in July.
19.01.2022 | News by Nokia News