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Egypt’s new budget cuts fuel subsidies 40% in FY20: FinMin
A finance ministry report on Egypt’s new budget (2019/20) showed that fuel subsidies will be reduced by 36.112…
Egypt’s parliament passes constitutional changes, extends president’s term…
Egypt's parliament passed on Tuesday proposed amendments to the 2014 constitution, including an amendment that…
Egypt’s NUCA pumps EGP34bln investments in 6 new cities
Egypt's New Urban Communities Authority (NUCA) pumped investments of 34 billion Egyptian pounds in six new fourth…
Egypt’s IDA studies new industrial zone in 6th Oct. City
Egyptian Industrial Development Authority (IDA) is in talks with the Cabinet to establish a new industrial zone in…
250 firms to partake in Cairo’s international processing, printing fair in Dec.
Around 250 firms will participate in an international fair for processing and packaging in the Middle East and…
Egypt’s CBE to renew up middle-income housing projects initiative in July
Egypt's Central Bank governor Tarek Amer initially agreed on the proposal of Real Estate Development Chamber (REDC)…
Cairo Investment eyes $17.3 mln loan to finalise Badr University
Cairo Investment and Real Estate Development said on Monday it plans to get a loan facility ranging between around…
Egypt to sell Banque Du Caire share in 2020: Amer
Egypt plans to sell a stake in Banque du Caire, one of the country’s biggest state-owned lenders, at the end of…
Egypt’s parliament to take final vote on 2014 constitutional amendments
Egypt's parliament will hold a plenary session on Tuesday to take a final vote on proposed amendments to Egypt's…
Egypt needs 8% growth so citizens could feel the change: World Bank official
The Egyptian economy is witnessing growth rates higher than the global average, Mahmoud Mohie el-Din, the World…