Ghabbour Auto records EGP 7.8m in revenues in 2Q 2022
These figures reflect the resilient consumer demand and improved pricing strategies across GB’s business lines.
Visa, Meeza to launch Stay Secure Campaign under patronage of CBE
80% of Egyptian consumers want to know how their personal information will be protected before sharing it with online merchants
e-finance achieves EGP 479m in net profit during 1H 2022
The Group achieved a net profit after noncontrolling interests (NCI) of EGP 479.7m for 1H 2022, an increase of 72% y-o-y yielding a net profit margin (NPM) of 38.0% against…
ODE achieves 16.9% growth in sales in 1H 2022
Furthermore, total revenues reached EGP 3.8bn — up 27.6% y-o-y — compared to EGP 3.0bn in 1H 2021. Gross profit increased by 18% to EGP 1.3bn, compared to EGP 1.1bn.
Egypt, South Korea cooperate on capacity building for public finance management
The three-year programme consists of capacity-building sub-programmes that will run till 2024.
B.TECH online sales account for 20% of its total sales
The company is launching an app that allows merchants to buy at wholesale price in instalments
Egypt’s unemployment rate unchanged at 7.2% in 2Q 2022: CAPMAS
Labour force increases to 29.985 million individuals in 2Q 2022, compared to 29.895 million in 1Q 2022
Government works on putting debt-to-GDP ratio on downward path: Finance Minister
Maait said: "We will continue our efforts to put the debt-to-GDP ratio on a downward path, reduce its burdens, and develop public financial management, by pursuing more flexible fiscal policies…
Misr Clearing signs agreement with Saudi Clearing
The agreement aims to foster the exchange of experiences and information in the field of securities clearing to come up with a more reliable package of services.
Amr Helal joins CI Capital as Sell-Side CEO of its investment bank
The new CEO will assume oversight of the group’s investment banking, securities brokerage, and equity research lines of business.