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GB Auto to localize the assembly of another Hyundai model
PLUS- Cabinet approved two draft petroleum exploration and exploitation agreements
Valu kicks off EGP 10 bn securitization program with EGP 460.7 mn issuance
The issuance matures in 12 months
EFG Holding, Fawry, Palm Hills, Juhayna, GB Corp, Telecom Egypt post 2Q earnings
EFG Holding saw its revenues jump 21% y-o-y in 2Q 2025
Valu, Bonyan, Raya CX and more report earnings
Valu saw its net income jump 121% y-o-y during 2Q 2025 to EGP 217 mn
CBE launches Egypt’s first bachelor’s in banking sciences
The program to debut in the 2025-2026 academic year aims to prepare future bankers with specialist skills, hands-on experience, and…
Lorax Capital Partners-led consortium acquires AfricInvest’s entire MDP stake. PLUS: Genesis opens first Egypt showroom, Fawry partners with Forsa
Lorax’s acquisition bid was backed by the EBRD, International Finance Corporation, and the French Development Agency’s Proparco
Thndr joins the ADX as its first remote retail trading member. PLUS: Flat6Labs + F6 Ventures + F6 Group, Start IT, B Healthcare Investments, Elamir Group, Al Ahly Sabbour, Marakez
The move will allow more than 4 mn users on Thndr to trade ADX-listed stocks and ETFs directly via its…
Foreign reserves increase to USD 49 bn in July
PLUS- McDonald's is planning to invest EGP 1 bn in the local market by the end of 2026
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