Year: 2021

CI Capital’s Taaleem for education management to conclude IPO by H1 2021 end

Taaleem reported EBITDA margin north of 50%, while being cash rich, debt…

Alyaa Stohy Alyaa Stohy

Egypt among top travel destinations for Czech tourists

CNN Travel placed Egypt among top 21 safe tourist destinations in 2021

Nehal Samir Nehal Samir

Egypt’s Public Treasury bears EGP 7.1bn of vehicle replacement financing

Door open to all banks operating in Egyptian market to participate in…

Daily News Egypt Daily News Egypt

Mashrouak programme provides EGP 17.3bn in loans to 164k SMEs: Official

Local market banks involved in project agree to increase lending rates in…

Daily News Egypt Daily News Egypt

Central Bank of Egypt reveals market performance indicators in September 2020

Customer deposits break EGP 5trn mark for first time in local market

Hossam Mounir Hossam Mounir

Chilean president gets first dose of Chinese vaccine, delivers message of confidence

Nationwide campaign began in January with 2 shipments of Chinese vaccine from…

Xinhua Xinhua

HSBC launches its first cashback credit card in Egypt

Product is tailored to evolving needs of its Egyptian cardholders: Visa Country…

Daily News Egypt Daily News Egypt

Mashreq Bank – Egypt launches ‘Turbo Loan’ for businesspeople, self-employed

New product ensures quick credit approvals within 48 hours, with credit limit…

Daily News Egypt Daily News Egypt

Housing and Development Bank records 96% growth in retail loans in 2020

Bank also reports 380% and 20% increase in auto loans and customer…

Hossam Mounir Hossam Mounir

ABE makes notable contribution to sector revival, countryside development: Chairperson

Bank sees huge increase in loan portfolio to EGP 44.5bn in 2020,…

Hossam Mounir Hossam Mounir