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The transaction will be adequately capitalized and financed through internal resources and secured debt financing
Company to utilize around $1 billion of the financing to fund the acquisition of Navig8
At the close of August 2024, Egypt's net international reserves reached $46.597 billion
The total order book reached around $37 billion, which equals an oversubscription of 3 times
This financing arrangement is backed by a broad consortium of 20 international and regional financial institutions
This plan outlines key public debt developments for 2024, local market enhancements, and the 2025 funding strategy
SOIs could collectively reach $60 trillion in 2025 as GCC nations progress toward their economic visions
The country recorded 10 million hotel nights for the first time
Projections were informed by critical factors and data, based on an average oil barrel price of $60
The center will develop strategies, implement zero neutrality projects, and support government and private sectors
Mubadala and its subsidiaries invested in 2024 $29.2 billion, up from $17.5 billion in 2023
Discussions are currently in progress to approve a second tranche of $4.14 billion
The subscriber count saw a remarkable increase of 51 percent, translating to nearly 528,000 additional subscribers
The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent
This approval follows a EUR1 billion EU support initiative endorsement
CBK said that the issuance period is three months with a return rate of 4.125 percent
This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals
Strong bilateral cooperation has led to the arrest and extradition of high-profile criminals
This certification caters specifically to tax professionals employed by Dubai government entities
64 percent of insurers expect higher medical trends worldwide over next three years
The resolution specifies administrative violations and applicable fines for foreign banks
The top 10 banks in Egypt accounted for 79.73 percent of the sector’s total profits at EGP340.411 billion
This loan follows a previous allocation of AED183.5 million ($50 million) granted in 2017 for the initial stages of the project
The modifications introduce various administrative reliefs and clarifications for businesses that establish Tax Groups.
