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Egypt’s Rowad may carry out construction flagships in Cameroon soon
Egypt’s Rowad Modern Engineering (RME) studies executing some construction projects in Cameroon in the coming…
Egypt’s banks pump $1.5bn among CBE’s mortgage initiative by Sept-end
Egypt's local banks injected 26 billion Egyptian pounds (US$ 1.5 billion) in favour of the central bank's…
Egypt’s tourism revenues rise to $12.5 bln in FY2018/19
Egypt’s revenues in the tourism sector rose by $2.7 billion to $12.5 billion during the financial year 2018/2019,…
Remittances from Egyptian expats rise to $2.6bn in July – CBE
Egypt received around $2.6 billion in remittances from Egyptian expatriates in July, up from $1.9 billion in June,…
Egypt’s tax authority denies 30% growth in car taxes
The Egyptian Tax Authority denied on Wednesday rumours of a 30 percent increase in taxes on imported and locally…
UK firms willing to increase investments in Egypt – minister
A group of British companies visiting Egypt for an investment forum have announced they will inject further…
Egypt’s PM says 6 October to be paid holiday for citizens
Egypt's Prime Minister Moustafa Madbouly has issued a decree to the effect that Sunday 6 October, will be an…
NBE to direct EGP45bn of loan portfolio into industrial sector
National Bank of Egypt (NBE), the country's largest state bank, seeks to direct 45 billion Egyptian pounds ($2.7…
Egypt’s net foreign reserves rise to $45.1 billion end-September: c.bank
Egypt’s net foreign reserves surged to $45.117 billion at the end of September, the central bank said late Tuesday.
Israel to increase natural gas exports to Egypt – sources
Israel will significantly increase the amount of natural gas it plans to export to Egypt under a landmark deal,…