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IMF gives Egypt strong marks in third review but warns of risks
The International Monetary Fund maintained a favourable outlook for Egypt’s economy in its third major review of…
QNB Alahli Bank H1 net profit rises 27%
Qatar National Bank (QNB), the Middle East's largest lender by assets, reported on Thursday a 27 percent rise in…
Siemens Egypt chief Ghaly named GACIC new president in board revamp
The board of the German-Arab Chamber of Industry and Commerce (GACIC- AHK Egypt) has been revamped on Wednesday…
Egypt-Saudi company to invest $558.7 mln in new capital projects
A medical company owned by Egyptian and Saudi investors announced on Wednesday plans to build a fully-fledged…
Energy group DEA to receive all Egypt areas in late 2019
Energy group DEA said on Tuesday it would receive a payment of all Egypt’s debt arears as promised in late 2019.
Banking loans increase 2.3 % in March 2018: CBE
The volume of loans increased 2.3 percent in March recording 1.54 trillion Egyptian pounds, according to the…
SICO to invest EGP200 mln in Asyut’s factory
Egypt-based SICO Technology is set to pump the investments in its factory at the technology park in Asyut of 200…
Egypt aims to host 2030 World Cup and 2032 Olympics
Minister of Youth and Sports Ashraf Sobhy said on Tuesday that Egypt aims to host the 2030 FIFA World Cup and the…
Egypt’s population registered 96.3 million in early 2018: CAPMAS
Egypt's Central Agency for Public Mobilisation and Statistics (CAPMAS) says that country's population reached 96.3…
Egypt announces immediate cigarette price hikes
Egypt’s leading cigarette maker, the Eastern Tobacco Company, said it has raised prices by 10-15 percent starting…