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Egypt’s banks, EGX to close 17 and 18 June for Eid Al-Fitr holiday
The Central Bank of Egypt (CBE) said Sunday that banks and the Egyptian Exchange (EGX) will be closed next Sunday…
Egyptian inflation rate rise 0.3 % in May: CAPMAS
The Egyptian inflation rate in May increased by 0.3 percent, compared to the previous month, reaching 274.7 points…
Ethiopia to not harm Egypt’s share of Nile water: PM Ahmed
Ethiopian PM Abiy Ahmed pledged on Sunday in a joint press conference with Egyptian President Abdel Fattah al-Sisi…
NBE’s credit portfolio increases 450 bln pounds in May 2018: Abou el-Fotouh
National Bank of Egypt (NBE), the country’s largest state bank, announced that its credit portfolio increased to…
CRC to deliver 1,000 housing villas in Egypt’s new capital at end-2020
Egypt’s Construction and Reconstruction Company (CRC), an affiliate to Dorra Group, says it seeks to complete…
Housing Ministry on track to execute water, sewage plants in Upper Egypt
Egypt’s First Deputy Housing Minister said Sunday the ministry is carrying out drinking water and sewage stations…
Egypt’s annual urban inflation falls 11.4% in May: CAPMAS
Egypt’s annual urban consumer price inflation fell by 11.4 percent in May, down from 13.1 percent in April, the…
Egypt to raise electricity bills by 30% in July
Since July 2014, the government has embarked on plans to liberalise electricity prices and eliminate subsidies, the…
Egyptian government alerted ahead of Eid al-Fitr
As Eid al-Fitr, the government is intensifying its preparations in Cairo and the governorates by declaring…
Stamp duty hits Egyptian stocks, EGX 30 falls 3% in week
Egypt’s main stock index EGX 30 tumbled 3 percent in a week as authorities started last week applying the second…
