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Allianz reaches credit risk insurance deal with Egypt state lender
Allianz Egypt, part of German insurer Allianz, on Thursday said that it has struck a deal with one of the country’s…
Egypt’s fuel subsidies to exceed 100 bln pounds in FY2019
Egypt’s fuel subsidy will reach more than 100 million pounds within the financial year 2018/2019 budgeting, said a…
Noble Energy reportedly cashes out of Israeli Tamar after Egypt gas deal
Texas-based Noble Energy sold its 43.5 percent stake in Israeli oil firm Tamar after announcing last week that it…
Beltone: Egypt’s Sarwa Capital private offering is 10.83 times oversubscribed
A private offering of Egypt’s Sarwa Capital was 10.83 times oversubscribed, Egyptian investment bank Beltone…
Egypt’s cotton exports likely to reach 1.3 million kantars this year
Chairman of the Egyptian Cotton Exporters Association Nabil el-Santaricy expected exports of cotton "white gold" to…
Egypt’s Zohr gas field output exceeds 2 bln cubic feet/day
The daily production of Egypt’s mammoth offshore Zohr gas field has exceeded 2 billion cubic feet per day, an…
Alexandria Customs Authority collects EGP 1.7bn in taxes on imported vehicles
The value of taxes and customs fees on imported vehicles collected by the Alexandria Customs Authority hit 1.7…
Egypt’s FM Shoukry flies to Tokyo to partake in TICAD meetings
Egypt's Foreign Minister Sameh Shoukry will start a two-day visit to the Japanese capital Tokyo on Wednesday to…
Support Egypt coalition sweeps Egypt parliament’s 25 committees
Members of the pro-government Support Egypt parliamentary bloc were elected to head a large number of parliament's…
World Bank predicts Egypt to achieve growth of 5.6% in 2018/19
The World Bank (WB) expected Egypt’s growth to hit 5.6 percent during fiscal year 2018/2019, supported by private…