Arab Finance Interview with Gilbert Hobeika, CEO of Modern Bakeries Egypt - Rich Bake
The World Bank Group has mobilized nearly $6.7 billion in private capital for Egypt since fiscal year (FY) 2021/2022.
Bank NXT has extended its partnership with fintech company Network International to upgrade its payments infrastructure and accelerate the digitalization of its payment services, as per an emailed press release.
Emaar Misr for Development’s board has unanimously approved appointing BDO Keys Financial Consulting S.A.E. to set the fair value of the company’s and Sky Tower for Real Estate Development's shares and determine the swap ratio between the two companies for Emaar Misr's planned acquisition of the remaining 75% of Sky Tower.
Egypt’s industrial policy, logistics development, and strategic location are expected to support steady growth in trade volumes and strengthen its role as a regional hub for trade, manufacturing, and logistics, according to a Fitch assessment summarized by the Cabinet Media Center.