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Agricultural Bank settles default loans of EGP330mln as part of CBE initiative
Egypt's main agricultural lender, the Egyptian Agricultural Bank has settled agreements with 4,500 defaulters with…
Egyptian billionaire Sawiris announces more new investments in Sudan
Egyptian billionaire businessman Naguib Sawiris said on Wednesday he is planning to inject new investments in Sudan…
Egypt’s Beltone Financial assets under management rise 37%
Beltone Financial, the Egyptian investment bank owned by billionaire Naguib Sawiris, recorded a 37 percent annual…
HDB profits hit 1.393bn Egyptian pounds at end of Sept.
Housing and Development Bank (HDB) has achieved profits worth 1.393 billion pounds after taxes at the end of the…
Egypt Obour Land to get EBRD’s loan for new dairy farm
The European Bank for Reconstruction and Development (EBRD) has agreed to provide a $7 million loan to Egyptian…
Egypt’s Travco expects sector recovering as tourists return
One of the biggest Egyptian travel companies, Travco Group, said on Tuesday that hotel bookings are rising as…
Egypt’s Grand Mufti, UK’s Lord Ahmad of Wimbledon discuss combating extremism
Egypt's Grand Mufti Shawki Allam met on Tuesday with a high-level British delegation led by Lord Ahmad of…
Egypt’s FM heading to Bulgaria Wednesday to discuss bilateral relations
Egypt's Foreign Minister Sameh Shoukry will visit Sofia, the capital of Bulgaria, on Wednesday to discuss bilateral…
Egypt to host 12th round of Egyptian-Russian joint committee mid-April
Egypt is set to host the 12th round of the Egyptian-Russian joint committee for trade, economic, scientific and…
Egypt’s budget deficit slightly lower by 1.9% in Q1 FY 2018-19
Egypt’s budget deficit for the first quarter of the fiscal year 2018-2019 slightly decreased to 1.9 percent from 2…