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Egypt’s domestic debt falls for first time in 11 years
Egypt’s domestic debt shrank for the first time in more than 11 years during the first quarter of the 2019/2020…
Egypt, Exxon Mobil signs two Mediterranean deals
Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum…
Egypt is set to discuss electricity linkage with Congo
Egypt will discuss with Congo the possibility of Egypt's participation in the implementation of the next stages of…
Abu Qir Fertilisers earnings slump 13%, record EGP 1.44 mln
Abu Qir Fertilisers and Chemical Industries (ABUK) earnings have dropped by 13 percent YoY , recording 1.44…
Egypt assigns EGP 28.17 bln for urgent commodity and service needs
Egypt has allocated 28.17 billion Egyptian pounds ($1.78 billion) for urgent commodity and service needs for a…
Egypt regulator removes three reinsurers from 2020 dealing list
Egypt’s Financial Regulatory Authority (FRA) announced on Sunday it removed three reinsurers from its 2020 list of…
Parliament approves Egypt share increase in IBRD capital stock
Egyptian parliament’s economic committee approved on Sunday a presidential decree to increase Egypt’s authorized…
Lebanon’s Bank Audi reportedly hires EFG Hermes as advisor for Egypt unit sale
Lebanon’s Bank Audi has selected Egypt’s investment bank EFG Hermes as its financial advisor and Zulficar and…
Egypt’s IDA offers 13 industrial complexes among national project in March
Egypt's Industrial Development Authority (IDA) will begin offering 13 completed industrial complexes among the…
African Reinsurance’s targets Egypt premiums of $43 million in 2020
African Reinsurance Corporation (Africa Re) is targeting a premium portfolio in Egypt worth $43 million in 2020…