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Egypt unveils names of first 5 state firms to float shares under IPO scheme
Egypt on Tuesday announced the names of the first five state companies that will offer shares this year as part of…
Dubai’s Emaar Properties to double investments in Egypt in 5Yrs
Dubai-based Emaar Properties plans to double its investments in Egypt to 100 billion Egyptian pounds ($5.60…
IMF hails CBE Egypt’s monetary policy
International Monetary Fund (IMF) Mission Chief for Egypt Subir Lall said on Tuesday that the monetary policy…
Egypt lining up to upgrade railway signalling
Minister of Transport Hisham Arafat on Tuesday had talks with a delegation of the French Alstom company which is…
Egypt’s non-oil exports rise to $12.75 bln in H1: minister
Egypt’s non-petroleum exports increased 14 percent during the first half of 2018, recording $12.75 billion,…
Egypt denies closing Rafah Border Crossing
Egyptian authorities denied on Tuesday the circulating news about closing Rafah Border Crossing between Gaza and…
UAE sends delegation to Egypt to review pesticide free crops efforts
An UAE government delegation will arrive in Cairo this week to review Egypt’s progress on crop quality reforms…
Egypt’s NBE bank signs interbank alliance with China, Arab banks
National Bank of Egypt (NBE), the country's largest state bank, signed on Monday a deal to form an alliance with…
Misr Italia gets state approval for its Egypt new capital project IL Bosco
Egyptian property developer Misr Italia, which advances IL Bosco flagship in the country’s new capital, has…
Banque Misr’s leasing arm to up its funding at year-end
The leasing arm of Egypt’s second state lender Banque Misr aims to increase its funding portfolio up to around one…