Egypt
EGYPT : EGX ANNOUNCES DETAILS OF OFFER TO ACQUIRE BLOM BANK
The Egyptian Stock Exchange (EGX) announced the details and controls of the compulsory purchase offer submitted by the Arab Banking Corporation, to purchase ...
Egypt
EGYPT’S CENTRAL BANK ISSUES LE 22B IN T-BILLS, BONDS
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 22 billion in treasury bills ...
Egypt
EGYPT’S CENTRAL BANK ISSUES GUIDING PRINCIPLES FOR SUSTAINABLE FINANCING
The Central Bank of Egypt (CBE) has issued the guiding principles for sustainable financing. The principles will provide the basis for planning and ...
Egypt
EGYPT:NATIONAL TELECOM REGULATORY AUTHORITY APPROVES USE OF VOLTE SERVICE
The National Telecom Regulatory Authority (NTRA) approved the use of the first voice over 4G LTE (VoLTE) service in the country. The NTRA’s ...
Egypt
Egypt: Communications Minister Seeks Bilateral Cooperation with Singaporean Envoy in the ICT Domain
Minister of Communications and Information Technology Amr Talaat discussed on Monday with Singaporean Ambassador to Egypt Dominic Goh means to develop bilateral relations ...
Egypt
Egyptian laundry app Laverie raises 6-figure funding round for expansion
Egyptian on-demand dry-cleaning and laundry app Laverie has raised a six-figure funding round as it aims to expand operations over the Greater Cairo ...
Egypt
Egypt e-commerce marketplace startup raises 6-figure seed round
Egypt-based e-commerce startup Kemitt just raised a 6-figure round from Saudi-based angel investors. Kemitt was founded in 2017 by Mahmoud Fouad, connects both ...
Egypt
Sawari Ventures raises US$71M for investing in Egyptian startups
In a press release shared on Wamda, the Sawari Ventures fund has raised a new round of commitments worth $28 million acquired from the Misr Insurance ...
Egypt
Central Bank of Egypt offers EGP19 billion worth of treasury bills
The Central Bank of Egypt has issued treasury bills worth EGP19 billion ($1.21 billion) on behalf of the Finance Ministry. Governments resort to ...
Egypt
Amidst pandemic EBRD offers initiatives to SMEs
Small and medium-sized enterprises (SMEs) are a key sector of Egypt’s local economy. Records show that over 90 percent of all businesses in ...