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GlobalCorp to increase issued and paid-in capital to fuel service portfolio expansion
The firm will raise its issued capital to EGP 1.5 bn and its paid-in capital to EGP 1.4 bn by…
Vodafone Egypt, Telecom Egypt ink EGP 30 bn worth of infrastructure services, 5G agreements
Vodafone Egypt secured a 5G license from the National Telecom Regulatory Authority last month for USD 150 mn
United Bank eyes raising up to EGP 5.1 bn in upcoming IPO
The upper limit of the indicative price range gives the bank a market cap of up to EGP 17.2 bn
Egypt’s foreign reserves continue their upward cruise, coming in at USD 46.9 bn in October
Reserves rose USD 205 mn from September’s USD 46.7 bn
Central bank eases import restrictions on vehicle
This policy shift comes as the CBE seeks to lift all remaining USD restrictions
Kouchouk lays out plan for ensuring economic stability. PLUS: News from Fincart, CI Capital, Sport Ministry
PLUS- Egypt’s debt-to-GDP ratio dropped to 89.6% in June 2024
CIB’s net income jumps 77% y-o-y in 3Q 2024
The bank’s net interest income grew 74% y-o-y during the three-month period
Central bank reportedly eases import restrictions
Good morning, all. The news flow is showing no signs of slowing down as we gear up for the fourth…
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