Browsing Category
Featured
Egypt issues new procedures for public financial payments – ministry
Egypt’s Finance Ministry said it has banned the state’s administrative bodies from making bilateral deals or…
CBE orders banks to clarify measures to unblock assets frozen due to tax disputes
The Central Bank of Egypt (CBE) issues circular to banks to clarify measures to unblock assets frozen due to tax…
Ibnsina Pharma to establish new healthcare investment firm, considers several investment…
Ibnsina Pharma (ISPH) is set to establish a new company for investment in different unnamed pharma manufacturing…
Egypt first country to receive Uber’s intercity bus service in
Uber announced the launch of its first ever intercity bus service in Egypt with roundtrip routes between Cairo and…
Egypt, WB discuss project to manage air pollution in Greater Cairo
Egypt discussed with World Bank a $200 million project aim to limit the pollution problem and implement plans to…
Egypt’s GAFI okays establishment of 30 new projects within Saudi CPC industrial zone
The General Authority for Investment and Free Zones (GAFI) on Saturday approved 30 new projects set to be…
Elite Home to deliver projects in New Cairo this year
Egypt’s Elite Home Real Estate Developer plans to deliver a number of projects in New Cairo within the current…
Faisal Islamic Bank reports a decline in profit by 54% during Q1
The consolidated financial results of Faisal Islamic Bank of Egypt showed a 53.6 percent year-on-year (YoY) drop in…
Egypt’s wheat storage capacity exceeds 4 mln tonnes – official
Egypt’s wheat storage capacity has increased to more than 4 million tonnes, up from a capacity of 3.6 million…
CIB, NBE, Banque Misr named by The Banker among top 10 banks in Africa
The Banker, a sister publication of the Financial Times, has named the National Bank of Egypt (NBE), Banque Misr,…