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Arab Contractors investment arm braces for two new projects before year-end
Egypt’s state-run construction firm Arab Contractors (AC) is looking to implement two investment projects in Maadi…
Foreign investment inflows in Egypt reach $60bln in two years: Amer
The foreign investment inflows have reached $60 billion pounds within two years including direct and indirect…
Suez Canal Insurance wins AlexBank $103 mln assets insurance contract
Egyptian composite insurer Suez Canal Insurance (SCI) has won a $102 million tender from AlexBank, a member of…
U.S., Egypt, Israel to hold QIZ tripartite meeting in Cairo by year-end
Egyptian and Israeli officials held last week their joint commission meeting in Cairo to discuss ways to expand the…
Egypt’s stock exchange marks 3rd monthly decline in July
The Egyptian Exchange (EGX) ended July on low note amid a collective decline of its indices, marking the third…
Egypt’s M2 money supply up 18.49% in June: CBE
Egypt’s M2 money supply grew 18.49 percent year-on year in June, data from the central bank (CBE) showed on…
Egypt-UK trade hits $1.33 bln in H1: minister
The volume of trade exchange between Egypt and the United Kingdom recorded $1.33 billion during the first half of…
Egypt’s Faisal Islamic Bank recruits its first women
For the first time, the Faisal Islamic Bank of Egypt will open its doors to hire females across vacancies in all…
Egypt maintains customs exchange rate at 16 pounds per USD
Egypt will continue to maintain its current customs exchange rate of 16 pounds per $1, effective starting August…
Egypt announces new investment authority head
Egypt has appointed Mohsen Saleh, the stock exchange’s former deputy, to head the General Authority for Investment…