Browsing Category
Featured
Egypt settles arrears to 41 companies under export support programme
Egypt's ministries of finance and Trade and Industry signed on Wednesday 41 agreements with representatives of…
Egypt narrows trade deficit by 1.4% in February – CAPMAS
Egypt’s trade deficit narrowed by 51.4 percent year-on-year (YoY) to $1.95 billion in February, compared to $4.01…
Petrotrade inks e-payment service deal with Banque Misr
Petroleum Trading Service Co. (Petrotrade) signed an agreement with Banque Misr to cooperate in developing…
Egypt’s CIS, Export Development Bank renews credit insurance cover deal for loans
Egypt’s Cooperative Insurance Society (CIS) has renewed a loan insurance cover agreement with the Export…
Egypt’s sovereign fund to launch $300 million healthcare fund
Egypt's Sovereign Wealth Fund signed on Wednesday an agreement with New York-based Concord International…
JLL cautious about timely handover of Egypt residential projects amid coronavirus
U.S. real estate consultancy JLL said on Tuesday it is cautious about the timely handover of residential projects…
More than 900 Egyptians repatriated in special flights Tuesday
Cairo and Marsa Alam airports received special flights on Tuesday that were transporting home 921 Egyptians who had…
Egypt banks have EGP 4 trillion worth of ‘not fully utilised’ deposits, savings – official
Egyptian banking sector has a total of 4 trillion Egyptian pounds ($253.9 billion) in deposits and savings, which…
Egypt to get first $2.7 billion tranche of IMF rapid financing Monday – sources
Egypt will receive the first $2.7 billion tranche of a rapid financing support from the International Monetary Fund…
CBE instructs banks to comply with IFRS9 to ensure best practices
The Central Bank of Egypt has instructed banks working in the local market to comply with the latest International…