Industrial Development Bank Decides Upon Financing 45,000 Bakeries In 2 Weeks
The Industrial Development and Workers Bank of Egypt has met with officials of the Ministry of Supply to discuss…
OCI Says To Pay Egypt’s Tax Initial Payment Of EGP2.5 Bln In Days
Orascom Construction Industries S.A.E. (OCIC.CA), announced on Tuesday that it will start to pay the Egyptian Tax…
EGX 30 Ends Near 5375Pts Powered By Cabinet Reshuffle, Regulator Remarks
As the 9 ministers announced in Egypt’s cabinet reshuffle have been finally sworn in, the Egyptian Exchange (EGX)…
Zazou Discusses Enhancing Touristic Cooperation Between Egypt, KSA
On the sidelines of the Arabian Travel Market, which was inaugurated yesterday in Dubai, UAE, the Egyptian Tourism…
Egypt’s Central Bank Accepts EGP 13 Bln At 5th Deposit Auction
The Central Bank of Egypt (CBE) has accepted EGP 13 billion worth of seven-day deposits at a fixed interest rate of…
Cabinet Reshuffle Not To Affect IMF Talks: Cabinet Spokesperson
The new Cabinet reshuffle will not affect the government’s economic program or policies which were announced in a…
Get To Know Egypt’s New Investment Minister – Yehia Hamed Abdel Samea
Yehia Hamed Abdel Samea was named on May 7th as Egypt’s new minister of Investment, succeeding Dr. Osama Saleh.…
Juhayna Establishes Logistic Centers In Luxor, Aswan At EGP50 Mln
Juhayna Food Industries (JUFO.CA) is aiming at erecting two logistic centers and refrigerators for the dairy…
HSBC Says Q1 Profits Jump To $8.4 Bln As Bad Debts Drop
HSBC said its first quarter profits almost doubled from a year ago to more than $8 billion as bad debts and costs…
Misr Insurance’s Motor Premiums Expected To Hit EGP 241 Mln By End-June
Misr Insurance Company’s motor insurance premiums are expected to reach EGP 241 million by the end of next June,…