SEMAF, NERIC partner to manufacture railway, metro trains for local market, export
The SEMAF factory, part of the Arab Organization for Industrialization (AOI), has…
ABE’s crop loan portfolio reaches EGP 25.6bn in September 2024
Sami Abdelsadek, Acting Chairperson of the Agricultural Bank of Egypt (ABE), announced…
Al-Ahly Mortgage Finance aims to grow portfolio to EGP 4bn by 2024-end
Hatem Amer, Managing Director of Al-Ahly Mortgage Finance, a subsidiary of the…
CIB completes second securitization transaction for One Finance, worth EGP 679m
Commercial International Bank – Egypt (CIB) has completed the second issuance of…
CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)
The Central Bank of Egypt (CBE) has decided to extend its inflation…
Zambia, Saudi Arabia sign debt restructuring deal
Zambia and Saudi Arabia have formalised a debt restructuring agreement to reschedule…
TMT invests EGP 100m in new customs bonded area at Hossni El-Antably station
Transmisr Transportation and Trading (TMT) has announced the inauguration of its new…
Egypt needs 450k housing units annually to meet population growth: Minister
Egypt requires approximately 450,000 new housing units each year to accommodate the…
Beltone approves EGP 10.75bn capital increase to drive expansion, growth strategy
Beltone Holding has announced that its Board of Directors has approved a…
Egyptian, Uzbek officials discuss increased cooperation at business forum
Egyptian and Uzbek officials met on Wednesday at the Egyptian-Uzbek Business Forum…