Egypt’s Exports to US Drop 37.6% While Imports Rise 7.6%
Egypt's exports to the United States dropped 37.6 percent in 2013 compared to the previous year while imports…
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Egypt’s Second Suez Canal ‘Will Boost Trade’
Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multibillion…
HSBC Warns of Growing Risk Aversion as Profit Drops
Europe's largest bank HSBC (HSBA.L) warned that regulators' zeal to punish wrongdoing was putting its staff off…
IFC Boosts Urban Development Create New Jobs in Egypt
IFC, a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD), are…
EFSA Says 83.4 Thousand Insurance Policies Canceled within 5 Months
A monthly report which issued by Egyptian Financial Supervisory Authority (EFSA) revealed that 83.4 thousand…
Egyptian Takaful Insurance ‘Property’ to Hit EGP432mn Investments by June 2015
Egyptian Takaful Insurance Company (Property) aims boosting its investment portfolio to EGP432million by the end of…
Egypt’s ESIIC Eyes EGP400mln New Investments in FY14/15
Egyptian Sugar and Integrated Industries Company (ESIIC) the subsidiary of the state-owned Food Industries Holding…
Egypt’s Housing, 3 Banks Ink Protocol to Finance Two Units
Egyptian Housing Ministry has signed a cooperation protocol with Banque Misr, National Bank of Egypt (NBE), Housing…
China Supports Egypt to Promote Stability, Economic Growth: FM
In his meeting with Egyptian President Abdel Fattah al-Sisi, Wang, who is on a two-day visit to the country, also…
ABA Finances 184.000 Projects worth EGP562mln in 7 Months
Alexandria Businessmen Association (ABA) total value of finance reached around EGP562million for micro finance…