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BM Lease injects EGP500mln joint financing in 9 months
The leasing arm of Egypt’s second state lender Banque Misr, BM Lease has secured 500 million Egyptian pounds joint…
Egyptian Arab Land Bank secures EGP13.2bn loans by Sep-end
The state-owned Egyptian Arab Land Bank (EALB)'s loans portfolio has increased to 13.2 billion Egyptian pounds by…
Egypt-South Korea cooperation portfolio now $396 mln – minister
The ties between Egypt and South Korea have seen considerable progress since the visit by President Abdel Fattah…
Egypt’s budget deficit drops to $2.4 bln in July – ministry
Egypt's budget deficit fell to 39.172 billion Egyptian pounds ($2.4 billion) in July from 51.514 billion pounds…
Egypt’s IPO programme has not been suspended – minister
There was no truth to recent reports that Egypt was suspending its Initial Public Offering (IPO) programme,…
Egypt’s PM, ministers to address parliament in Ethiopia
Parliamentary speaker Ali Abdel-Aal told MPs on Tuesday that the government will give parliament greater details on…
Etisalat Misr close to winning IoT project bid at Egypt new capital
A group led by Etisalat Misr is close to winning an Internet of Things (IoT) project in Egypt’s new capital, its…
New Egypt capital project market cap touches 1 trillion pounds – PM
The market value of Egypt’s new capital city vaulted to around 1 trillion Egyptian pounds ($61.4 billion), Egyptian…
Egypt signs €71 mln grants with French agency on energy
Egypt on Tuesday has signed two grants totalling €71 million ($78 million) with the French Development Agency (AFD)…
South Korea’s LG to inject $15 million in Egypt by 2020
South Korea’s LG Electronics intends to pump new investments of $15 million in Egypt to expand in production lines…