Apr
13
2021
Egypt’s current account deficit widened to USD 4.8bn in 1H2020-2021, from USD 3.2bn in the same period last year. The deficit grew 74% on a quarterly basis from USD 2.8bn in 1Q. This was mainly due
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Apr
13
2021
Telecom Egypt (ETEl.CA) has signed a cooperation protocol with Ora developers to connect and provide telecommunication services and connect optical fiber cables to its residential units. (AlMal News)
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Apr
13
2021
Speed Medical (SPMD.CA) announced signing a management contract for the three branches of Alex Scan Laboratories in Alexandria under which Speed Labs will manage their lab facilities with a revenue sh
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Apr
13
2021
Tatweer Misr has announced the signing of a partnership with the Commercial International Bank Egypt (CIB) and Colliers International to create due diligence and attract more educational entities on t
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Apr
13
2021
EGP mn
9M19/20
9M20/21
Change %
Revenues
7,800.5
7,101.9
-9.0%
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Apr
12
2021
Monthly core inflation, computed by the Central Bank of Egypt, recorded 0.5% in March 2021 compared to 0.4% in March 2020 and to 0.3% in February 2021. Accordingly, the annual core inflation rate reco
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Apr
12
2021
Bond listings on the EGX are now subject to new rules that could encourage wider participation from retail investors. The rules require issuers tapping the secondary market to allocate at least 10% to
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Apr
12
2021
The Central Bank of Egypt (CBE) will this year launch a full-fledged instant payment module, after finalizing regulations, and introduce a soft point of sale (POS) system that allows the use of mobile
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