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News

FRA launches Regional Center for Sustainable Finance

Sina Hbous, Head of Sustainable Development Department and Advisor to the Chairman at FRA, has been appointed as the new center’s Executive Director

Aldar Properties looks to buy majority stake in SODIC

SODIC’s shares jumped 7 percent on EGX, following the majority stake offer announcement

CBE releases newest report, banks in Egypt’s financial position close to EGP7trn

Nonperforming loans were recorded at EGP 154.853 billion in October, compared to EGP 152.999 billion in September 2020

Hikma Pharma and GSK call it quits on acquisition

At the end of January, the two companies signed a non-binding agreement for Hikma to acquire majority shareholder‘s 91.2 percent stake in its Egypt and Tunisia units

New Egyptian Gender Equity Seal to encourage equality in private sector

The seal is consistent with Egypt’s Strategy for the Empowerment of Egyptian Women 2030, said Maya Morsy, President of the NCW