Browsing Category
Feature
Egypt unveils new increase in electricity prices starting July
Egypt's Ministry of Electricity announced on Tuesday the new electricity prices, to be applied from 1 July and to…
Egypt-France naval executes Mediterranean’s maritime training exercise
Egyptian and French naval forces carried out on Tuesday a maritime training exercise in the Mediterranean Sea, the…
CIB’s personal funding increases to 24.7 bln pounds in 2019
Egypt’s biggest private bank, Commercial International Bank (CIB), has achieved an increase in its personal funding…
Misr Insurance pays first tranche of compensation to Pharaonic Petroleum
Egyptian state-owned Misr Insurance paid the first tranche of compensation, estimated at around $3.9 million to…
NUCA assigns companies to develop residential complex behind New Alamein towers
Egypt’s New Urban Communities Authority mandates number of leading construction and real estate development…
Egypt’s Societe Insurance Brokerage to tap Gulf markets by 2020
Egypt’s Societe Insurance Brokerage Company (SIB) is looking to tap Gulf markets within 2020, its sales and…
CBE to keep interest rate fixed in next meeting: HC securities
The monetary policy committee (MPC) at the Central Bank of Egypt (CBE) is expected to fix the interest rate during…
Egypt’s trade with South Africa rises 3.7% in 2018
The volume of trade exchange between Egypt and South Africa rose 3.7 percent to $287.8 million in 2018 from $277.5…
UK’s Middle East Minister praises Egypt’s economy progress
UK's Minister of State for the Middle East at the Foreign and Commonwealth Office Andrew Murrison heaped praise on…
Sisi calls on govt. to overcome obstacles facing US giant Noble Energy
Egypt’s President Abdel Fattah al-Sisi called on his government to overcome any obstacles which could face US firm…