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EALB secures EGP 130m to CBE’s mortgage finance initiative
Egyptian Arab Land Bank (EALB) has pumped around 130 million Egyptian Pounds in funds for the Central Bank of…
Egypt pumps 100 bln pounds into social housing projects
Egypt had injected around 100 billion Egyptian pounds ($5.6 billion) to date on the low-income citizens’…
Egypt’s bourse to test 16,000 points after Eid Al-Adha holiday
The Egyptian Exchange (EGX) is likely to touch 16,000 points following the Eid Al-Adha holiday, analysts told…
Navigation movement at Egypt Suez Canal hits record high Sat.
Navigation movement at the Suez Canal hit a record high on Saturday, with 49 ships transiting the international…
Egypt on track to execute maintenance works on 156 train stations
Egypt is currently upgrading and carrying out maintenance works on 156 train stations throughout the country, at a…
Egypt to repay IMF loan starting in May 2021
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…
Egypt allocates 24bn pounds to develop textile sector, cotton industry
The Egyptian government has set the total value of a plan to modernize the state-owned textile sector at LE24…
Egypt sets $21.6 bln for metro upgrade in four-year scheme
Egypt’s government has decided to invest around 386 billion Egyptian pounds ($21.6 billion) over the next four…
Egypt on track to execute 12 residential towers in New Mansoura
Egyptian government’s New Urban Communities Authority (NUCA) says it has started executing 12 residential towers in…
Uber, Careem Egypt licence appeals to be heard today
Uber and Careem will defend their rights to operate in Egypt in court on Saturday, appealing against an…