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Egypt signs South Korea deal to buy 32 air-conditioned subway trains
Egypt has signed a multi-million euro deal with South Korea to buy 32 air-conditioned subway trains for the Cairo…
CBE won’t disclose bank accounts to Tax Authority: Amer
The Governor of the Central Bank of Egypt, Tarek Amer, said that the CBE won't disclose information about the…
Moukhtar Ibrahim to execute water station expansions in 6th Oct. City
Egypt’s state-owned construction firm Moukhtar Ibrahim announced on Sunday that it has signed contracts to carry…
Seven Egyptian state firms to launch property portfolio at year-end
Egypt’s state-run seven real estate development firms are planning to launch a property portfolio worth 13 billion…
EALB secures EGP 130m to CBE’s mortgage finance initiative
Egyptian Arab Land Bank (EALB) has pumped around 130 million Egyptian Pounds in funds for the Central Bank of…
Egypt pumps 100 bln pounds into social housing projects
Egypt had injected around 100 billion Egyptian pounds ($5.6 billion) to date on the low-income citizens’…
Egypt’s bourse to test 16,000 points after Eid Al-Adha holiday
The Egyptian Exchange (EGX) is likely to touch 16,000 points following the Eid Al-Adha holiday, analysts told…
Navigation movement at Egypt Suez Canal hits record high Sat.
Navigation movement at the Suez Canal hit a record high on Saturday, with 49 ships transiting the international…
Egypt on track to execute maintenance works on 156 train stations
Egypt is currently upgrading and carrying out maintenance works on 156 train stations throughout the country, at a…
Egypt to repay IMF loan starting in May 2021
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…