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Egypt to open world-largest textile plant in September 2021-minister
Egypt will inaugurate its largest textile factory in the world in September next year according to Public…
Attijariwafa Bank Egypt pumps EGP 505m into issuance of 3 securitisation bonds
Attijariwafa Bank Egypt has pumped a total of 505 million Egyptian pounds into three securitized bond issues during…
Insurance companies’ premiums in Egypt surge 15.6% in four months
Insurance companies operating in Egypt posted premiums worth 12.5 billion Egyptian pounds ($781.7 million) during…
India’s LuLu Group is planning to invest $500mn in Egypt over 3 years
India’s LuLu Group is planning to invest 500 million in Egypt over the next three years to build out its branch…
Mediterranean gas discovery off Egypt could produce 32mn cubic feet/day – minister
The new gas discovery off Egypt’s Mediterranean coast could produce up to 32 million cubic feet per day, its…
Sisi: Egypt favours negotiations over a military solution to resolve Nile dam crisis:…
Egypt is keen to deal with the Grand Ethiopian Renaissance Dam (GERD) crisis through negotiations, rather than the…
Egypt sees portfolio investment outflows of $7.9bn in July/March of FY20
Egypt's portfolio investment registered net outflows of $7.9 billion from July to March of the financial year…
Sisi opens new textile industrial complex in Egypt’s Sharqiya
Egypt's President Abdel Fattah al-Sisi inaugurated on Tuesday the first phase of a new industrial complex in 10th…
EFG Hermes is managing selling 7 % of stakes in Fawry
Egypt’s EFG Hermes is managing the transaction of selling a combined stake of 7 percent (50 mn shares) in…
Heliopolis Housing approves SODIC’s request to reschedule payment for 655 feddans
Heliopolis Company for Housing and Development approved a request submitted by Six of October Development and…