Egypt’s stock market records historical gains as currency flotation pays off
Since the flotation of the pound, EGX grew 68% with a turnover of EGP 250.5bn
Major trend of EFG Hermes’ stock is still up despite current correction: report
The daily chart shows that the stock might be building a medium-term base, says Markets Chimp
Egypt shares extend rally, record best weekly gains since September
EGX30 soars 2.61% or 363.8 points to 14,319.34 points
The Egyptian Banking Institute (EIB) is organising a seminar on financing green projects
The Research and Awareness Department at the EIB is organising a seminar for journalists on Wednesday, entitled “Financing Green Projects”. Hoda Sabri, a financial and banking expert, has worked for…
Mashreq Bank Egypt inaugurates its new branch to serve Mashreq Gold customers, SMEs, and corporations
Mashreq Bank Egypt announced the inauguration of its new branch in Heliopolis within the bank’s expansion strategy and plan. This branch is dedicated to serve Mashreq Gold customers, SMEs, and…
Small construction companies demand banks to support them
The small and medium-sized companies working in the construction sector demanded that the financing obstacles faced by these companies, especially the serious companies qualified to participate in the development plan…
Banque du Caire arranges two loans for petroleum sector worth EGP 4-5bn
The bank is considering contributing to the Islamic loan, which is arranged by Banque Misr for Egyptian Iron, worth EGP 200m
Suez Canal Bank plans to break into retail banking, real estate finance, SME financing in its new strategy: chairperson
The bank has established 3 new departments specialised in these activities and is currently preparing its own cadres: Refaei
Pound sets for modest depreciation in 2018/19: Capital Economics
The currency has weakened by 50% against the dollar since it was floated last November
