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U.S.-Egypt trade exchange 22.9% up in two months
The volume of trade exchange between Egypt and the United States rose 22.9 percent to around $1.225 billion in the…
Egypt pays $406 mln debt to Afreximbank: central bank
Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
Egypt’s central bank denies introducing new 500, 1,000-pound banknotes
Egypt’s central bank denied on Sunday that it had printed new 500 and 1,000 Egyptian pound notes ($29.93-$59.86).
Lebanon’s Joseph Torbey named Arab Banker of 2019 by UAB
Lebanon’s Joseph Torbey was named the Arab Banker of the year 2019 by the Union of Arab Banks (UAB). It is the…
Egypt in process to develop 19 transformer stations – source
Egypt has signed an agreement to build around 19 transformer stations, with investments of 13 billion Egyptian…
Misr Insurance to cover BP’s West Nile Delta project
Egyptian state-owned Misr Insurance says it won an insurance policy to cover the construction works of West Nile…
IFC to provide $20 million loan to Egypt’s Edita
The International Finance Corporation (IFC), the World Bank’s private-sector lending arm, signed a $20 million…
Egypt organises “longest” Iftar table, seeking after new Guinness record
Egypt has oraginised what it says will be the world's longest Iftar (fast-breaking) banquet during the Muslim month…
Egypt, Huawei in talks over smart university transition
Egyptian Minister of Higher Education Khaled Abdel-Ghaffar on Friday met with Huawei Egypt CEO Vincent Sun, and his…
Saudi Arabian investments in Egypt rise 44.1% in Q2-FY2019
Net Saudi Arabia's investments in Egypt rose 44.1 percent to $125.5 million during the second quarter of financial…