Telecom Egypt debunks claims that it could sell its stake in Vodafone
Telecom Egypt holds 45% stake in Vodafone Egypt...
Tag : EGYPT
Egypt’s Misr Insurance targets 10% growth by June 2020
Chairperson Basel El Hini revealed that the company’s profits reached a record high of E£4 bn in 2019...
MoneyGram, Suez Canal Bank enable seamless money transfers to Egypt
Suez Canal Bank will link to MoneyGram platform to offer new account deposit services to Egyptian customers...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
EBRD to finance Masdar, Infinity joint projects for up to $60 mn
The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt...
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...
Bank Audi to increase SME loan portfolio to EGP 5 bn by 2019 end
Central Bank of Egypt expects banks to increase SME loans on their portfolios by 20 percent by 2020...
DP World’s $520 mn Sokhna port expansion nears completion
The expansion will take DP World’s total investment in Egypt to $1.6 bn...
Dragon Oil buys BP’s Egyptian concessions, to invest $1 bn
Dragon Oil to increase production to above 75,000 bpd for the next 10 years...