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El Sewedy, EETC sign solar discharge deal worth EGP1.7bln
Elsewedy Electric signed a deal with Egyptian Electricity Transmission Co. (EETC) to secure, boost and discharge…
World Bank’s Egypt investments hit $6.7 billion – ministry statement
World Bank Group’s current investment portfolio in Egypt rose to $6.7 billion through 16 projects, according to a…
Number of foreign workers in Egypt’s public sector falls 13.9% in 2018
The number of foreign workers in the country's public sector dropped 13.9 percent during 2018, the state-owned…
IMF’s Lagarde: Expected rebound in global growth late 2019 is precarious
Global growth in 2019 should be even slower than previously expected but a "precarious" rebound later this year is…
Egypt to use e-payment system for all state fees, services in May: ministry
Egyptians will have to use a new electronic payment system to pay for all government services and state fees,…
Egypt’s President Sisi directs govt. to cut public expenditure
Egyptian President Abdel Fattah al-Sisi directed on Tuesday the government to cut public expenditure and go ahead…
IMF mission to visit Egypt in May to discuss final review of loan
An International Monetary Fund mission will visit Egypt in May to conduct its final review of the country’s…
Egypt-U.S. trade grows 34.2% in first nine months of 2018
The United States is one of Egypt’s largest trade partners with a trade volume growing 34.2 percent to around…
NBE posts e-commerce of EGP4.3 bln during FY 2017/2018
National Bank of Egypt, the country's largest bank by assets, announced that the volume of e-commerce carried out…
Iskan Insurance wins AlexBank’s banker’s blanket bond policy bid
Iskan Insurance won the banker’s blanket bond (BBB) policy bid launched by AlexBank, a member of Italian bank…