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Egypt’s food maker Obour Land to buy 3 production lines, with $8mn investments
Egypt's Obour Land for Food Industries signed a deal to purchase three high-tech production lines with investments…
Egypt’s Global Telecom pays second tranche of tax settlement
Egypt’s Global Telecom Holding, previously Orascom Telecom Holding, has paid the second installment of the tax…
8th edition of Egypt’s National Youth Conference to start Sunday
The Egyptian National Youth Conference's eighth edition will kick off on Saturday in New Cairo.
Egypt to launch international bid round for gold exploration in 2020
Egypt will launch an international bid round for gold exploration in 2020, an official source in the Egyptian…
Evergrow negotiates for new $500mln plant in Aswan
Egyptian fertilizer company Evergrow is in talks with Aswan governorate, seeking an allocation of 500,000 metre…
National Bank of Egypt posts highest-ever full-year profits
The National Bank of Egypt, the country’s largest state-run bank, posted its highest ever full-year profit, banking…
EGBANK’s NPLs portfolio grows 3.68% in H1 2019
Egyptian Gulf Bank (EGBANK) non performing loans (NPL) portfolio has captured 3.86 percent of the total credit…
Egypt’s Misr Insurance settles $152.2mn compensation for oil plant
Egypt's state-owned Misr Insurance has settled compensation worth 2.5 billion Egyptian pounds ($152.2 million) for…
3 Egyptian contractors brace for New Alamein’s commercial area
Three Egyptian construction companies are preparing to inaugurate the first phase of works on a commercial and…
Capital Intelligence affirms Egypt’s B+ rating, maintains stable outlook
Rating agency Capital Intelligence (CI) affirmed on Friday Egypt’s long-term foreign currency rating (LT FCR) and…