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Auto sales in Egypt will shrink by 8.2% during 2020: Fitch Solutions
Vehicle sales in Egypt are expected to shrink by 8.2 percent as the industry faces headwinds and “worsening local…
Egyptian Takaful Insurance to cover South Cairo and Giza Mills’ assets – sources
Egyptian Takaful Insurance (Property) has won an insurance policy bid to cover the state-run South Cairo and Giza…
Egypt’s Arab Contractors mulls new projects in four African countries
Egypt’s state-run construction firm Arab Contractors studies executing a number of projects in four foreign…
Egypt’s CIB bank receives $100 mln loan from IFC to support businesses affected by…
The International Finance Corporation (IFC) provides a $100 million loan to the Commercial International Bank (CIB)…
Egypt’s Suez Canal revenues drop to $5.72 billion in FY2020
Egypt’s Suez Canal revenues declined to $5.72 billion during the 2019/2020 financial year from $5.75 billion during…
PMI: Egypt’s non-oil private sector activity at its slowest rate in Jun
Egypt’s non-oil private sector activity contracted in June at its slowest rate since the coronavirus hit the…
Egypt’s Alexandria Company for Pharmaceuticals to launch new lines of disinfectants
Egypt’s Alexandria Company for Pharmaceuticals and Chemical Industries plans to set up new production lines for the…
Egypt receives first $2 billion tranche of IMF standby loan: minister
Egypt has received the first $2 billion tranche of a $5.2 billion International Monetary Fund (IMF) standby loan…
Egypt’s Arab Contractors finalises rehabilitation of Kayunga Hospital in Uganda
Egypt’s state-run construction firm, Arab Contractors said it has completed the rehabilitation of Kayunga Hospital…
Suez Canal Bank to launch EGP 250 mln money market fund by mid-July
Egypt's Suez Canal Bank plans to launch its first money market fund with 250 million Egyptian pounds ($15.5…