Browsing Category
Featured
China’s CRRC firm to produce 22 trains for Egypt
China's rolling-stock maker CRRC Qingdao Sifang Company has secured an order to develop and produce 22 trains with…
Egypt to launch second phase of new capital soon
Administrative Egypt's state-owned Administrative Capital for Urban Development (ACUD) is close to launch the…
EBRD approves €205 mln loan for Cairo Metro upgrade
Egypt's Transportation Ministry said on Tuesday the European Bank for Reconstruction and Development (EBRD) will…
Egypt posts GDP up to 3.5% in FY2017/18: FinMin
Egyptian Minister of Finance Mohamed Maait said Egypt achieved an increase in gross domestic product (GDP) to 5.3…
Cairo now home to Uber’s first minibus service globally
Uber has launched a new minibus service in Cairo, the first city globally to be rolling out the service, the…
Egypt central bank affirms inflation outlook at 13% in Q4
Egypt’s central bank on Tuesday affirmed its inflation forecast of 13 percent in the fourth quarter of the year…
Egypt plans to issue international sovereign bonds in Q1 – minister
Egypt plans to issue new international sovereign bonds in the first quarter of next year, Finance Minister Mohamed…
BDC pumps 1.5 bn pounds in CBE mortgage initiative
Egypt's state-run bank lender Banque du Caire increased its funds to 1.5 billion Egyptian pounds ($83.7 million)…
Egypt foreign reserves up to $44.513 billion end-November – c.bank
Egypt’s foreign currency reserves increased to $44.513 billion at the end of November from $44.501 billion a month…
Tatweer Misr to invest $167 mln in IL Monte Galala, Fouka Bay next year
Egyptian property developer Tatweer Misr plans to invest three billion Egyptian pounds ($167 million) in IL Monte…
