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MCIT seeks to contribute 9 % in the GDP by FY2020
Communication and Information Technology sector seeks to contribute the country’s growth domestic product by 9…
Egypt to launch sovereign wealth fund in October
Egypt’s anticipated sovereign wealth fund will likely start operation in October, finance minister said on Monday.
Egypt FinMin says no intention to raise stock exchange duty
Egypt’s Finance Minister Mohamed Maait denied on Monday rumours about planned increases in stamp tax on stock…
Egypt’s unemployment rate falls to 7% – finance minister
Egypt’s unemployment rate fell to 7 percent from 13 percent in 2016, finance minister Mohamed Maait said on Monday.…
Egypt’s budget deficit 8.2% down in Q2-FY20: finance minister
Egypt’s budget deficit dropped to 8.2 percent of GDP in the second quarter of the financial year from 9.8 percent…
9th annual EFG Hermes London conference kicks off with $14 tn in AUMs
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), inaugurates its 9th…
National Bank of Egypt’s 2019 credit portfolio records $3.9 bln
National Bank of Egypt’s (NBE) credit portfolio for small projects reached 64 billion Egyptian pounds ($3.9…
EgyptAir clinches deal with Airbus to buy 27 new aircraft – official
State-owned carrier EgyptAir has signed a deal with European aircraft manufactures Airbus to buy 27 new planes as…
Egypt’s FM Shoukry heading to Sudan for talks on Monday
Egypt's Foreign Minister Sameh Shoukry is heading today for Sudan's capital Khartoum for talks with Sudanese…
Sisi, senior officials discuss progress of Egypt’s Dabaa nuclear plant
Egypt's President Abdel Fattah al-Sisi met on Sunday with Prime Minister Moustafa Madbouli and Electricity Minister…