The IFC invested over $9 billion in Egypt, with an active portfolio of $2.3 billion spread across various sectors, including trade finance and health.
23.10.2024
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News by
Egypt Today
The House of Representatives has approved Egypt's contribution to the capital increase of the International Finance Corporation (IFC) through a stake.
23.10.2024
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News by
Ahram Online
Egypt awaits the fourth review of the Extended Fund Facility (EFF) loan programme in November, which will grant access to a $1.3 billion tranche.
22.10.2024
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News by
Ahram Online
The reforms are intended to create a fair and stable tax environment that eliminates barriers for taxpayers, treating them as partners in the process.
21.10.2024
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News by
Egypt Today
El-Sisi noted that the Egyptian government adopted a strategic approach based on balanced, integrated, and interconnected solutions.
21.10.2024
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News by
Egypt Today
This is part of a broader strategy to diversify financing sources and attract both investors and savers to the local debt market.
21.10.2024
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News by
Egypt Today
The positive outlook reflects the significant steps the Egyptian authorities have taken over the last eight months to address imbalances.
20.10.2024
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News by
Egypt Today
This marks a decline from the previous year's growth rate of 3.8 percent, largely due to ongoing external shocks, and geopolitical tensions.
20.10.2024
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News by
Egypt Today
Prime Minister Mostafa Madbuly has said in recent weeks that bin Salman has given directions for US$5 billion to be injected into Egypt’s economy.
17.10.2024
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News by
mada masr
The platform aims to provide a sustainable and efficient solution to the “first and last mile” transportation challenge in Egypt’s cities.
17.10.2024
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News by
mena bytes
The MBC Masr channel reported that this step comes on the occasion of the Global Week for Financial Inclusion and the World Savings Day.
17.10.2024
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News by
Egypt Independent
The central bank also announced that direct debit cards can be issued in the same currency as the accounts after obtaining the necessary approvals.
16.10.2024
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News by
Ahram Online
This partnership will aid retailers’ digital transformation, enabling them to overcome economic challenges and expand their businesses.
16.10.2024
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News by
IBS intelligence
It also suspended accepting applications for obtaining a license to practice microfinance activities for associations and civil institutions.
15.10.2024
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News by
See news
War economy means taking exceptional measures at the economic level to face the lack of supply chains in the event of a regional war.
14.10.2024
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News by
See news
The Central Bank of Egypt (CBE) has granted Misr Digital Innovation (MDI) preliminary approval to launch the country's first digital bank.
13.10.2024
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News by
Connecting Africa
Finance minister Ahmed Kouchouk, recently announced a series of tax incentives aimed at boosting the economy and fostering a healthier tax environment
Papers by
Egypt Business Directory
