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Egypt’s net foreign reserves rise to $44.14 billion at end-May
Egypt’s net foreign reserves surged to $44.139 billion at the end of May from $44.029 billion at the end of April,…
CPC to establish SMEs complex 2nd phase with investments 100 mln pounds
Saudi-based Construction Products Holding Company (CPC), the Industrial arm of Saudi Binladin Group (SBG), is set…
NUCA assigns EGP 2bn for infrastructure works in New Mansoura
Egypt’s New Urban Communities Authority (NUCA) says it has allocated 2 billion Egyptian pounds ($111.8 million) to…
Egypt’s PM issues decree to build urban community in Warraq Island
Egypt’s Prime Minister Sharif Ismail has issued Sunday a decree establishing an urban community in Giza’s Warraq…
Egypt is supporting African Development Bank, ready to transfer expertise: Amer
In an interview at the annual meetings of the African Development Bank meetings in Korea, the Egyptian governor…
Egypt’s Suez Canal revenues likely to rise 14% at end-FY2017/18
Egypt's Suez Canal revenues are likely to increase by 14 percent to reach $5.6 billion at the end of financial year…
Egypt parliamentary committee recommends amendments to FY2018/19 budgeting
A number of amendments to the state budget for the next financial year 2018/2019 were suggested by the budget and…
Egypt’s foreign direct investment falls 20% in Q2-FY2017/18: CBE
Foreign direct investment (FDI) to Egypt has declined to $1.9 billion in the second quarter of financial year…
Sisi meets with Sudanese intelligence chief in Cairo
Egypt’s President Abdel Fattah al-Sisi met with Sudanese intelligence chief Salah Gosh in Cairo on Sunday for…
Egypt’s NBE bank signs $750 mln financing deal with global banks
National Bank of Egypt (NBE), the country's largest state bank, reached a $750 million financing agreement with a…
