Ibaj has announced that it executes financial transfers exceeding <strong>$2.4 billion</strong> annually through over <strong>4 million transactions</strong>, serving more than <strong>1 million clients</strong> each year. This reflects its pivotal role in supporting the Egyptian economy.
The Egyptian government has announced the re-launch of the citizen bond, offering investors a monthly return of up to <strong>17.75%</strong>. This initiative aims to enhance local investment and support the national economy.
A new episode of 'Hawa Masr' features economic expert Wael Al-Nahas and economist Mohamed Anis discussing the economic effects of the ongoing Middle East war on Egypt. The discussion focuses on whether these impacts are permanent or temporary amid ongoing structural reforms in the Egyptian economy.
Al Ahly Pharos has successfully covered a subscription of securitization bonds worth <strong>2 billion EGP</strong>, reflecting the company's strong financial performance and investor confidence in the Egyptian market.
Red Sea ports have witnessed the handling of approximately <strong>21,000 tons</strong> of various goods, with <strong>1,211 trucks</strong> entering the ports recently. This commercial activity highlights the ports' significance in supporting the local economy.
Egypt's Finance Minister Ahmed Kouchak announced a new package of tax facilitation measures, consisting of 33 legislative and executive procedures aimed at supporting taxpayers and enhancing tax compliance. This initiative follows a series of consultations with the tax community.