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Rate cuts to make Egyptian real estate investments bloom: developer
Chairman of Egyptian real estate developer Bahay Group has lauded the recent interest rate cuts, saying the move…
Shell names Citi for $1 billion sale of Egypt’s assets – sources
Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets…
Egypt’s c.bank cuts interest rates 1% for third time in a row
The Monetary Policy Committee at the Central Bank of Egypt decided to cut key interest rates by 1 percent (100bps)…
Egypt’s textiles salvage scheme reveals backing for state sector
Behind an unassuming, scruffy perimeter wall, Egypt's largest textiles factory has languished for decades, losing…
Egypt’s unemployment rate 7.8% up in Q3 – CAPMAS
Egypt's unemployment rate rose 7.8 percent during the third quarter of the year from 7.5 percent during the second…
7 states voice support for Syria’s sovereignty in joint statement
The Small Group on Syria, including Egypt, France, Germany, Jordan, Saudi Arabia, UK, and U.S. issued a statement…
Egypt to launch $600 million Africa export credit guarantee firm – c.bank
Egypt’s central bank board approved on Thursday the launch of a company with capital of $600 million to guarantee…
Suez Canal Bank 9-month net profit grows 10% y-o-y
Egypt’s Suez Canal Bank reported on Wednesday a 10 percent year-on-year growth in net profit for the first nine…
Egypt completes 1,504 social housing units in Red Sea – official
Egypt has completed 1,504 social housing units in Red Sea governorate, said chairperson of the Egyptian Mortgage…
Egypt’s Hogar Construction mulls social housing flagships in Kenya
Egypt’s Hogar Construction and Development is studying a number of social housing flagships in Kenya, its chairman…