Egypt
Egypt: Egypt’s central bank for Egyptian pound holder to be winner in medium term
The Central Bank of Egypt (CBE) aims for the holder of the Egyptian pound to be the winner in the medium term, according ...
Egypt
Egypt: Egypt remains top recipient of FDI in Africa for 5th year in a row
Egypt has remained as a top recipient of foreign direct investment in Africa for the fifth year in a row in 2020/2021, reaching ...
Egypt
Egypt: Egypt’s central bank joins Network for Greening Financial System
The Central Bank of Egypt (CBE) announced Monday joining the Network for Greening the Financial System (NGFS), which is one of the most ...
Egypt
Egypt: Banque Misr acquires all shares of Banque du Caire
Banque Misr raised its stake in Banque du Caire from 57.14 percent to 99.99 percent, according to the Commercial International Securities Brokerage Company. ...
Egypt
Egypt: Egypt’s Net Foreign Asset Turns Negative
Central Bank of Egypt data showed that its net foreign asset (NFA) position decreased a sharp $13.7 billion to negative $5.1 billion – ...
Egypt
Egypt: Tax Authority urges companies to quickly join e-invoice system
The Egyptian Tax Authority urged on Wednesday companies to quickly join the seventh stage of the mandatory e-invoicing system ahead of June 15 ...
Egypt
Egypt: Egypt’s external debt rises to $145.5 billion by end of 2021
Egypt’s external debt recorded an increase at the end of the second quarter of the current fiscal year 2021-2022 by about $8.1 billion, ...
Egypt
Egypt: Egypt’s mobile internet usage jumps 68%
The use of mobile and fixed internet services in Egypt increased by 68 and 39 percent respectively within a 24-hour-period in Ramadan 2022 ...
Egypt
Egypt: Egypt’s central bank issues LE 5.5B in T-bonds Monday
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 5.5 billion in treasury bonds ...
Egypt
Egypt: ITIDA opens door to registration for Start IT incubation program
The Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) announced the start of registration for the Start ...
