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Indian firms looking to invest in Suez Canal Economic Zone: Mamish
A bunch of Indian firms are keen on establishing new projects in Suez Canal Economic Zone (SCZone), Egyptian Suez…
Vodafone Egypt invests $219.3 million in FY2018/19
Mobile network operator Vodafone Egypt invested nearly 3.8 billion Egyptian pounds ($219.3 million) during the…
Egypt’s stock exchange to establish settlement firm for derivatives market
Egyptian Exchange (EGX) is looking to establish a settlement firm for the underway futures and derivatives market.
Egypt targets 6% growth in investments in FY2019/20
Egypt plans to post investments totalling 1.17 trillion Egyptian pounds ($67.54 billion) within the financial year…
EgyptAir takes delivery of its first Boeing 787 Dreamliner: sources
EgyptAir received on Thursday its first Boeing Dreamliner B787-9 model, as part of an $6 billion agreement last…
Sisi unveils 1st increase in Egypt’s state employees’ wages since 2014
Egyptian President Abdel Fattah al-Sisi said on Saturday the minimum monthly wage of state employees would increase…
International banks send requests to open branches in Egypt: Negm
Number of international banks have showed interest to obtain new licences to open branches in the Egyptian market,…
Egypt’s banking sector ranks 4th in the Arab world
The Egyptian banking sector is ranked fourth among the Arab world in terms of assets, according to the chairman of…
Egypt’s Cooperative Insurance Society, UNB bank negotiating SMEs funds
Egypt’s Cooperative Insurance Society (CIS) announced on Thursday it is negotiating with the Union National…
Samcrete Egypt signs $180 mln deal with 6 banks
Samcrete Egypt Engineers and Contractors has signed a short-term financing deal worth 3.1 billion pounds ($180…