Three Egyptian exchange companies garner EGP 6.479bn post local currency liberalisation
Since the liberalization of the exchange rate on 6 March up to the present, three exchange companies linked with government banks have gathered a total of EGP 6.479bn in foreign…
Total foreign exchange receipts reach $121.9bn in 2022/23
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued the Annual Bulletin of Foreign Exchange Receipts and Payments Statistics for 2022/2023. The total foreign exchange receipts amounted to $121.9bn…
MSMEDA launches ‘Aziza’ initiative to empower women entrepreneurs in Egyptian governorates
Focusing on industrial, productive, and agricultural projects with local and international competitive potential
Financial Markets play pivotal role in facilitating green transition: AFCM
85% of investors believe that adhering to sustainability standards enriches financial portfolios
Middle East poised for dealmaking boom in 2024, driven by diversification, says PwC Report
The Middle East's dealmaking landscape is set for a surge in 2024, fuelled by heightened investor interest and a focus on economic diversification and decarbonisation, according to PwC's latest TransAct…
Significant surge in Egypt’s engineering exports during February
Engineering Export Council of Egypt (EEC) announced an increase in engineering industries exports in February 2024, recording the highest monthly figure in the history of engineering exports, reaching $459m, compared…
GAFI grants six new golden licences for projects worth EGP 5.6bn
Government’s role includes coordinating with all concerned authorities to facilitate all procedures: Heiba
Companies invest more than $100k yearly to upskill their cybersecurity teams
Over 70% of businesses pay more than 100.000$ for additional training annually to keep skills of their cybersecurity employees up to date, a recent Kaspersky study has revealed. However, the…
CI Capital, EFG Hermes to lead National Printing and Packaging Company’s Q2 2024 offering
Hisham Al-Khazindar, Co-Founder and Managing Director of Qalaa Holdings, has announced plans to list the National Printing and Packaging Company on the Egyptian Stock Exchange in the second quarter of…
18 Palestinians killed due to incorrect airdrop of aid
The Israeli war on the Gaza Strip continues for the 172nd day, amid violent bombardment that leaves hundreds of deaths and wounded daily, while the occupation expands its war against…