Browsing Category
Featured
First phase of New Alamein Walk completed: Egypt’s PM
The first phase of a New Alamein Walk project has been implemented, said Minister of Housing and Prime Minister…
Egypt-EU trade hits $13.4 bln in six months
Bilateral trade between Egypt and the European Union recorded $13.4 billion during the first six months of 2018,…
Sisi expresses keenness for development of ties with Vietnam
Egyptian President Abdel Fattah al-Sisi expressed his keenness to develop brotherly relations between Egypt and…
Egypt targets inflation rate below 8.5% by 2022-end
Egypt’s government is targeting an inflation rate no higher than 8.5 percent by the end of 2022 and is making the…
Egypt’s Banque Misr in talks for $750 mln foreign loans
Banque Misr, Egypt’s second largest bank, is negotiating with international financial institutions to obtain $750…
Altawfeek Leasing secures credit facilities of EGP 400 mln
Egypt’s Altawfeek Leasing Company has signed a credit facility agreement worth 400 million Egyptian pounds with…
Al Baraka Bank Egypt’s NPLs fall to 5.4% in June
Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality of…
Egypt’s Sabbour, Kuwaiti Manazel join forces to develop Layan
Egyptian Sabbour Consulting and Kuwaiti property developer Manazel Holding signed an agreement to develop Layan…
Egypt’s trade with South America states 29% up in 5 months
Trade exchange between Egypt and South American countries rose 29.2 percent to $1.792 billion during the first five…
Financial institutions capture 75 % of registered investors at EGX
Financial institutions captured 75 percent of the registered investors at the Egyptian Exchange (EGX) by the end of…