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Banque du Caire arranges EGP 670m syndicated loan for Marakez Mall 2nd phase
Banque du Caire has arranged a 670 million Egyptian pounds syndicated loan contract in favour of Marakez company…
EBRD approves $100 mln financial package to Banque Misr for SMEs in Egypt
The European Bank for Reconstruction and Development (EBRD) has approved a $100 million financing package for the…
Egypt’s Eva Pharma to produce half million packs of Paracetamol
Egyptian based drug maker, Eva Pharma intends to boost its production of "Paracetamol" medication by half million…
Misr Insurance to cover judges overseeing Egypt’s senate elections – sources
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover judges supervising the country’s…
Lebanese BLOM Bank studies sale of Egypt’s unit
Lebanon-based BLOM Bank is studying sale of its stake in BLOM Bank Egypt as part other strategic options amid the…
IMF downgrades Egypt’s GDP growth to 2% in FY2020/2021
Egypt’s growth rates during fiscal year 2020/2021 has been downgraded to 2 percent on the back of to pandemic with…
WB-financed infrastructure projects to go into operation in 2 Egyptian governorates soon
Egypt are close to operate five infrastructure projects – financed by the World Bank Group (WB) – in Dakahlia and…
Egyptian Takaful Insurance negotiating with Egypt Trust to activate e-signature for…
Egyptian Takaful Insurance (Property) has started negotiations with Egypt Trust to activate the electronic…
Egypt to announce its commodities exchange before August-end: minister
Egypt to launch commodities exchange before the end of August, announced its Minister of Supply Ali Moselhy on…
Egypt’s core inflation down 0.7% in July – central bank
Egypt’s core inflation fell 0.7 percent in July from 1 percent in June, data from the Central Bank of Egypt (CBE)…