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Egypt Oks new customs facilities for purchasing vehicles from abroad
Egypt’s Finance Ministry approved new customs facilities for purchasing vehicles from abroad, according to a…
Egyptian banks’ profits decline 6.1% in Q3 of FY2020 – CBE
Egyptian banks' profits dropped 6.1 percent to 36.9 billion Egyptian pounds ($2.3 billion) during the third quarter…
Egypt reports below 1,000 coronavirus cases since May – ministry
Egypt recorded below 1,000 daily coronavirus cases for first time since late May, announced health ministry on…
Top 50 Women Forum launches #Be Brave Campaign to combat sexual harassment in Egypt
Egypt’s Top 50 Women Forum launched on Monday #Be Brave Campaign designed to promote cultural change in order to…
Egypt looking to ban importing products with local alternatives
Egypt plans to implement a mechanism banning the import of any product that has a local alternative, in order to…
Sawiris hopeful talks to buy stake in Egyptian mining firm to conclude in ‘few weeks’
Egyptian billionaire Naguib Sawiris said on Sunday he is hopeful that negotiations to acquire a 51 percent stake in…
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)…