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Banks in Egypt pump EGP 14.5 bln into CBE’s Mortgage Initiative
The banks pumped funds of 14.5 billion Egyptian pounds as part of Central Bank of Egypt mortgage initiative so far,…
Egypt bank assets up 29% in years on solid economic growth
Egypt’s banking assets rose 29 percent in two years, reaching 5.1 trillion Egyptian pounds ($285.3 billion) at the…
National Bank of Greece requesting to exit Egypt
The National Bank of Greece has submitted a request to Egypt's central bank in a bid to exit the North African…
SIAC begins concrete works in New Alamein’s two towers next month
Egypt’s SIAC Holding Construction will start the concrete works of two towers in New Alamein City, northwest of…
Egypt eyes chemicals, fertilizers exports up to $8.5bn in 2020: CEC
Egypt seeks to increase its exports of chemicals and fertilizers to $8.5 billion at the end of 2020 from $4.5…
Maadi Development targets EGP 1bn contractual sales at year-end
Egypt’s Maadi for Development and Reconstruction says it targets contractual sales up to nearly one billion…
U.S. lifts restrictions on $195 million in military aid for Egypt: official
The Trump administration has decided to unfreeze $195 million in military aid to Egypt which it had previously…
Egypt’s manufacturing index surges 2.6% in May
Egypt’s manufacturing and extractive industries’ index (without crude oil and petroleum products) rose 2.6 percent…
Egypt’s parliament votes in favour of Madbouly’s policy statement
Egypt's parliament voted on Wednesday in favour of newly appointed Prime Minister Moustafa Madbouly's policy…
Egypt’s El Shams to deliver final phase of Gardenia in Sept.
Egypt’s state-owned El Shams for Housing and Development says it plans to deliver the final phase of its…