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AfDB Oks $22 mln loan to expand SME, corporate leasing financing in Egypt
The African Development Bank (AfDB) approved on Wednesday a $22 million senior loan to help Egyptian corporate…
China’s Coronavirus updates: Egypt plans special flight to evacuate citizens from…
Egypt announced on Thursday it was preparing a special flight to evacuate its citizens from the Chinese city of…
Egypt’s Orascom Development CEO Khaled Bichara dies in car accident
Chief executive of Egypt-based Orascom Development Holding Khaled Bichara, has died in a car accident on Friday.
Egypt remains Africa’s top FDI recipient – minister
Egypt has maintained its position as the largest recipient of foreign direct investment flows to Africa, said…
Americana Group to invest multi-million pounds in Egypt by 2020
Kuwait-based Americana Group, one of the largest food companies and operators of restaurant chains in the Middle…
El Sewedy Electric-led consortium wins Egypt’s first dry port project bid
A consortium led by El Sewedy Electric has won a contract to build the first dry port in Egypt for $176 million,…
Egypt’s Sisi, Germany’s Merkel discuss US proposal on Palestine
Egypt's President Abdel-Fattah El-Sisi received a phone call from German Chancellor Angela Merkel to discuss the…
Remittances from Egyptian expats leap to $2.3 bln in October
Remittances from Egyptian expatriates hiked 12.7 percent during October 2019, reaching $2.3 billion, compared to…
El Shams Housing develops 8 buildings with EGP500mln investments
Egypt’s state-run El Shams for Housing and Development is seeking to launch a new flagship in Sixth of October City…
Egypt’s CBE seeks to renew SMEs initiative
Central Bank of Egypt’s (CBE) seeks to renew its initiative to support small- and medium-sized enterprises (SMEs)…