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Egypt’s trade deficit falls 10.1% in September: CAPMAS
Egypt’s trade deficit declined 10.1 percent in September, recording $3 billion from $3.35 billion last year, said…
Orascom Development, Thomas Cook sign EGP 200 mln hotel deal
Egypt's Orascom Development unveiled on Tuesday the signing of an agreement with Thomas Cook Group, one of the…
Egypt hosts over 5 million refugees from 58 countries: PM
Egypt's Prime Minister Moustafa Madbouly told the director-general of the International Organisation for Migration…
IDWBE provides micro-business clients with EGP1.2 bln
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) has provided 1.2 billion Egyptian pounds to fund…
Careem invests $120 mln in developing its services in Egypt
Careem, the region’s leading app-based car booking service, is planning to pump $100-120 million investments in the…
Egypt’s central bank studying new foreign banking licences
Egypt is studying opening a new round of foreign bank licencing in the coming period, a senior central bank source,…
Egypt, Austria sign agreement on railway machinery factory
President Abdel Fatah al-Sisi and Austrian Chancellor Sebastian Kurz witnessed on Monday the signing of 10…
Egypt to ‘revolutionary’ develop its taxation system by mid-2020
Minister of Finance, Mohamed Moeit, said that his ministry will revolutionary develop its taxation system over the…
Al Ahly Holding, Al Ghurair Group, Murban sign $1bn deal to build world’s largest…
Al Ahly Capital Holding, the investment arm of the National Bank of Egypt, successfully signed a $1bn deal with Al…
Egypt’s petroleum exports jump 5% in 1st 9 months of 2018
Egypt’s petroleum exports increased 5 percent during the first nine months of 2018, recording $1.85 billion,…