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Egypt’s central bank instructs banks to speed up cash transfers
The Central Bank of Egypt (CBE) issued new instructions for banks to expedite the transfers denominated in the…
Qatari Diar inaugurates St. Regis Cairo Hotel
The Qatari Diar Company inaugurated the St. Regis Cairo Hotel in the presence of the Qatari Minister of Finance,…
Egypt’s business activity contracts in December on covid-19 fears, IHS Markit
Egypt’s non-oil private sector recovery stalled again in December as covid-19 cases climbed steadily throughout the…
Daily covid-19 cases are continuing to fall, dropping to 1,119 on Tuesday
Daily covid-19 cases are continuing its downward trend, dropping to 1,119 yesterday from 1,277 the day before,…
Fawry’s stock hits new high following capital raise approval
The share price of the e-payment solutions provider Fawry for Banking Technology and Electronic Payments reached an…
Egypt signs agreement for Arab reconciliation with Qatar at GCC summit
Egypt’s Foreign Minister Sameh Shoukry said on Tuesday the al-Ula Agreement for Arab reconciliation with Qatar.
Egypt’s net foreign reserves edge up to $40.062 billion at end-2020 – c.bank
Egypt’s net foreign reserves inched up to $40.062 billion at the end of December from $39.221 billion in November,…
Egypt’s stock market bounce back, EGX 30 adds 0.15% on Tuesday
Egypt’s stock exchange’s (EGX) indexes ended higher on Tuesday, with the benchmark EGX 30 index adding 0.15 percent…
Orascom Investment sole bidder for sound and light show at Egypt’s Pyramids
Egypt-based Orascom Investment Holding seems to be the one to win a contract to develop the sound and light show at…
NUCA receives land allocation requests for 5,500 feddan during 2020
New Urban Communities Authority (NUCA) has received 2,035 land allocation requests for 5,500 feddans during 2020,…
