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Coronavirus rearranges Egypt’s Sovereign Wealth Fund priorities, puts health sector on top
Egypt’s Sovereign Wealth Fund (SWF) said that coronavirus pandemic has contributed in rearranging its priorities,…
New electricity prices to be applied in Egypt in July – ministry
Egypt’s electricity ministry is set to announce in a press conference in Cairo on Tuesday the new rates for…
Egypt’s Export Development Bank net profits up 11% in 9M
Egypt's Export Development Bank (EDBE)'s net profit climbed by 11.18 percent year-on-year (YoY) to 978.29 million…
Egypt on track to complete 7 sanitation projects in Sohag at EGP 259m
Egypt is nearing completion of seven sanitation projects in Sohag at a cost of 259 million Egyptian pounds,…
HCCD’s affiliates eyes EGP 600 mln real estate investments in 2021 – sources
Two Egyptian state-run affiliates plan to invest more than 600 million Egyptian pounds ($37.1 million) in the real…
GIG-Egypt wins policy bid for Petrojet’s assets – sources
Egypt’s Arab Misr Insurance Group- GIG has won an insurance policy tender to cover the assets of the state-owned…
Egyptian Life Takaful- GIG pays $15.8 mln compensation in 9 months
Egyptian Life Takaful Company (GIG) says it paid total compensation worth 257 million Egyptian pounds ($15.8…
Orascom Development Egypt’s profits slump 51% in Q1
Orascom Development Egypt (ODE) net profit has been down by 51.29 percent during the first quarter of 2020…
Egypt’s Finance ministry unveils new measures for VAT payments
Egypt announces new measures regarding repaying Value Added Tax (VAT) and related taxes on commodities and services…
$2.9 bln allocated for Upper Egypt development in FY2021 – minister
Egypt’s Planning Minister Hala El-Said said Upper Egypt will see government investments of 47 billion Egyptian…