News

The Egyptian government has finalised agreements with Emirati firm AMEA Power to build a solar park and a wind farm with a combined capacity of more than a gigawatt (GW) in a $1.1 billion deal ...
Arab Finance: Al Baraka Bank Egypt has signed two agreements worth a combined $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), according to an ...
Speaking on Friday, Madbouly said Egypt is set to get $24 billion in fresh liquidity as a result of the pact. The UAE will also convert its $11 billion of deposits held with the Egyptian central ...
The foreign assets of Egyptian banks plummeted by 45 percent, or 162.12 billion Egyptian pounds, in March, Central Bank of Egypt (CBE) data showed on Thursday, in another sign of how the ...