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HC expects unchanged interest rates, inflation to stabilise in August
HC Securities & Investment expected Egypt’s inflation to stabilise in August by 1 percent, with anticipations…
Egyptians spending an average of $16 on insurance: IFE
Average per capita spending on insurance in Egypt reached $16, making it rank 85th globally, the country’s…
Moukhtar Ibrahim eyes EGP 500mn sales from two lands this year
Egypt’s construction firm Moukhtar Ibrahim says it is seeking to post 500 million Egyptian pounds ($28 million)…
Mobile phone users decrease in May 2018 to 96.5 million
The number of mobile subscribers in Egypt reached 96.5 million in May 2018, decreasing 1.2 million subscribers,…
Egypt construction sector riding on $348 bln projects: BNC
According to the latest BNC report by The Big 5 Construct Egypt, the country is going through a phase of economic…
Egypt has strategic sugar reserves for 6 months
Egypt has sufficient strategic sugar reserves to last six months, the supply ministry said on Monday without…
Turkey crisis proving to be positive for Egypt: FinMin
As Turkey’s growing economic crisis shook investor confidence in lenders exposed to the country, foreign…
Egypt’s stock exchange mulls restructuring of indices
The Egyptian Exchange’s (EGX) board of director is looking to restructure the main indices of the stock market.
Telecom Egypt to raise UAE banks’ syndicated loan of $500mn
Telecom Egypt, the country’s largest internet provider, is raising a $500 million syndicated loan for capital and…
Egypt Real Estate Tax Authority releases booklet outlining conditions for exemption
The Egyptian Real Estate Tax Authority has released a booklet outlining the conditions for exempting privately…