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Three local banks lend Tatweer Misr EGP 3.5 bn
Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr,…
No new sin tax on smokes, Egypt’s finance ministry says
The Finance Ministry has not imposed a new sin tax on cigarettes, but will begin to direct the proceeds from…
Banque Misr to open representative office in Kenya
Banque Misr is entering Kenya: Banque Misr is set to open a representative office in Kenya after receiving regulatory approval…
Egypt is getting closer to being able to export home-made covid vaccines
A step closer to exporting covid vaccines: Egyptian medical authorities are the first in the region to achieve the World…
Adnoc is buying 50% of filling station chain TotalEnergies Egypt
Adnoc is entering Egypt’s fuel retail space: The distribution arm of Abu Dhabi National Oil Company (Adnoc) has agreed to…
Has Banque du Caire pushed its IPO back again?
Banque du Caire’s IPO may have been kicked down the road once more: State-owned Banque du Caire is postponing its…
SMEs get a little help from the EIB
EIB and Banque Misr to increase support for SMEs + covid-hit sectors: The European Investment Bank (EIB) and Banque Misr…
valU’s BNPL services are now available on Amazon Egypt
EFG Hermes’ subsidiary valU’s buy-now-pay-later installment plans are now available to customers of Amazon Egypt, according to a joint statement…
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