Browsing Category
Featured
Export Development Bank – Egypt seeks retail portfolio up to $55.8 mln this year
Egypt’s Export Development Bank plans to reach one billion Egyptian pounds ($55.8 million) worth of retail funding…
Egypt banks’ Islamic deposits hit $13 bln in June
Egyptian banks' Islamic deposits reached 233 billion Egyptian pounds ($13 billion) by the end of June 2018,…
Egypt bourse to start short selling of shares by early 2019
Egypt’s financial regulatory authority (EFSA) will finalise rules for short selling of shares by the end of…
Egypt, UNDP ink environment project worth EGP 16 mln
Egypt and the United Nations Development Programme (UNDP) have signed a new environmental project worth EGP 16…
Sisi arrives in Uzbekistan for meetings with president
Egypt's President Abdel-Fattah El-Sisi arrived in Uzbekistan on Tuesday from China, in the first official visit by…
Egypt won’t reduce amount of land used to cultivate long-staple cotton
Egypt's Prime Minister Mostafa Madbouly said on Tuesday that the percentage of land devoted to growing long-staple…
Egypt is safe from international economic instabilty: IMF official
The IMF’s Egypt Resident Representative Reza Baqir said on Monday that the economic reform measures adopted by the…
Egypt gets 9 bids for Red Sea to Mediterranean rail tender
Egypt said on Tuesday it received 9 bids to establish a high-speed railway between the Red Sea and the…
Telecom Egypt to get UAE banks-led $500 mln loan before year-end
Telecom Egypt, the country’s largest internet provider, will secure a loan of $500 million arranged by First Abu…
Egypt expects IPOs of five state firms to raise up to $1.4 bln
Egypt is seeking to start floating shares in five state-owned companies soon to raise up to 25 billion Egyptian…