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Egypt spends $3.51bn on fuel subsidies in first nine months of FY19 – minister
Egypt has spent 60.1 billion Egyptian pounds ($3.51 billion) on fuel subsidies during the first nine months of…
World Bank’s president, Egypt’s Nasr meet 30 women of micro projects in Aswan
Egypt's Investment Minister Sahar Nasr and World Bank's new President David Malpass met with 30 women who…
Egypt’s ready-made garments exports rise 2% in Q1
Egypt's exports of ready-made garments rose two percent to $406 million during the first quarter of this year from…
Egypt to grant electric cars owners temporary licence
Egyptian Interior Ministry said it will grant owners of electric cars temporary licence plates and insured licences…
Egypt’s real estate prices increase by 75% since pound floatation
Property prices in the Egyptian market have jumped by an average of 75% since the Egyptian pound floatation in…
Suez Canal Insurance wins policy bid for New Alamein’s utilities project
Egypt’s Suez Canal Insurance (SCI) won an insurance policy bid to cover a new project to implement utilities works…
Egypt’s Taamir Leasing seeks EGP2.5bln contracts by 2019-end
Taamir Leasing Co. – Al Oula has posted total leasing contracts of 1.9 billion Egyptian Pounds during the current…
Egypt’s CIB bank says first-quarter profits up by 31%
Egypt's Commercial International Bank (CIB) reported first-quarter profits of 2.6 billion Egyptian pounds ($151.7…
Egypt’s foreign reserves rise to $44.218bn at April-end: CBE
Egypt’s net foreign reserves rose to $44.218 billion at the end of April from $44.11 billion at the end of March,…
Upper Egypt’s Benban solar field to operate at full capacity in 2019
Egypt said its Benban solar field in Aswan, which will be the largest in the world upon completion at 1.8 GW total…