Bond prices rose on Thursday after Egyptian Prime Minister, Mostafa Madbouly, declared that a $5 billion Saudi investment in Egypt was separate from money the Gulf...
Commercial International Bank (CIB), Egypt’s largest private bank, announced on Monday that long-time chairman and previous CEO Hisham Ezz al-Arab will become CEO. Neveen Sabbour, a...
Egypt-based payment fintech, Paymob, has announced successfully raising an additional $22 million in a Series B extension, bringing its total Series B funding to $72 million...
Egypt’s annual urban inflation rate unexpectedly rose to 26.2% in August from 25.7% in July, according to figures from the CAPMAS statistics agency released on Tuesday....
The Egyptian Ministry of Tourism and Antiquities has announced the discovery of a 2,500-year-old ancient astronomical observatory by a team of a team of scientists and...
Egyptian digital savings startup, Menthum, has entered into a partnership with CI Capital Asset Management to launch a USD fixed income fund armed at elevating the...
Egyptian President, Abdel Fattah al-Sisi, has cautioned the United States top general about the potential risks of a big conflict in Lebanon. President Sisi made the...
Three sources acquainted with the situation quoted by Reuters have confirmed that Ayman Soliman, the head of Egypt’s $12 billion sovereign wealth fund, has resigned. The...
Egypt intends to bid for the Summer Olympics in 2036 and 2040. According to the head of the African National Olympic Committees Association (ANOCA) on Sunday,...
The Central Bank of Egypt reported on Wednesday that remittances from Egypt’s foreign workers increased to $7.5 billion in the April-June quarter from $4.6 billion a...