Non-oil private sector activity in Egypt continued to contract in January
Non-oil private sector activity in Egypt continued to contract in January, albeit at a slower pace as falls in…
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HC Securities expects CBE to keep interest rates on hold
HC Securities & Investment expected the CBE to keep the current interest rates based on its projections for…
EIB, Banque Misr sign €425 million loan to support Egypt SMEs
Banque Misr has signed on Tuesday a loan agreement worth €425 million ($515.2 million) with the European Investment…
Egypt assigns EGP 236m for Bahr El-Baqar wastewater treatment plant
Egypt has allocated 236 million Egyptian pounds ($15.1 million) to support the National Organisation for Potable…
Egypt’s MSMEDA finances small, micro-enterprises in Qena with EGP 37m during November
The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) financed 539 micro- and small-sized…
Egypt confirms 362 new coronavirus cases, 13 deaths on Friday
Egypt reported 362 new coronavirus cases on Friday bringing the total infection tally to 112,318 since the outbreak…
Daily Coronavirus cases tally reaches highest level in more than 3 months
The Health Ministry reported 239 new covid-19 infections yesterday, the most daily cases reported since 31 July.
Saudi Arabia considers investing in Egypt in cooperation with Sovereign Fund of Egypt
Saudi Arabia’s sovereign wealth fund is considering investing in Egyptian projects alongside the Sovereign Fund of…
After CIB’s godfather resignation, who is doing what at the bank’s helm?
After Hisham Ezz Al Arab, the long-term chairman and managing director of the Commercial International Bank (CIB),…
Egypt will manage 90% of its imports and exports electronically by January 2021
90 percent of Egyptian imports and exports will be managed electronically by January 2021 in a bid to speed up…