Browsing Category
Featured
Egypt plans fuel self-sufficiency in FY2021/22
Egypt aims to be self-sufficient in fuel and petroleum products within the financial year 20221/2022, senior…
Bank Audi Egypt net profit rises 6.5% in Q3
Bank Audi Egypt, part of Lebanon’s Bank Audi, reported a 6.5 percent year-on-year rise in quarterly net profit on…
Egypt’s Banque du Caire lead arranger for €150 mln wood factory loan
Egypt’s Banque du Caire is the lead arranger for a €150 million ($166.2 million) loan to help state-owned Egyptian…
Egypt’s central bank seen making fourth straight interest rate cut: HC
Egypt’s central bank is likely to cut its key interest rates by 50 basis points on Thursday, Dec. 26 monetary…
UAE’s Majid Al Futtaim plans bigger investments in Egypt – official
Dubai-based Majid Al Futtaim Group plans to increase its investments in Egypt to around 44 billion Egyptian pounds…
TMI Egypt to increase readymade garments exports to $40 mln in 2020
TMI Egypt, part of India’s ready-made garments firm TCW Trend, plans to boost its exports between $35-$40 million…
Egypt tops Forbes list of 27 best countries to travel in 2020
Egypt topped Forbes’ “Where to Go Next” list, in which the world-renowned magasine recommended 27 countries for…
Egypt’s budget deficit at $8.2 bln in Q1-FY20 – ministry
Egypt’s budget deficit stood at 131.4 billion Egyptian pounds ($8.2 billion) during the first quarter of the…
Toyota Tsusho to manufacture 240k gas minibuses in Egypt
Toyota Tsusho said on Thursday that it will manufacture 240,000 natural gas minibuses in Egypt in cooperation with…
Sisi: Egypt keen on constructive cooperation with Cyprus
Egyptian President Abdel Fattah al-Sisi said on Thursday Egypt was keen on constructive cooperation with Cyprus…