Egypt inked a $1 billion financing agreement on Sunday, November 1, with the World Bank to support economic reforms, private-sector participation, and the country’s transition to a green economy.
Gold prices dropped on Thursday, November 1, with the international ounce reaching $3,876.7 for buying and $3,874.6 for selling.
EFG Hermes, a subsidiary of EFG Holding, has successfully concluded its advisory role as joint global coordinator and bookrunner on Banque du Caire’s initial public offering (IPO) on the Egyptian Exchange (EGX)
ADD Properties, a member of Sami Saad Holding, has signed a $265 million syndicated financing agreement to support a new Grand Hyatt hotel and reprofile its capital structure.
Canal Shipping Agencies posted 502% higher net profits after tax amounting to EGP 83.329 million in the first quarter (Q1) of fiscal year (FY) 2026/2027