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Egypt to decide winner of new capital intelligent traffic system tender in August
Egypt plans to choose a winning bid in early August of this year from among 15 companies competing to develop an…
Fitch: Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022
Fitch Ratings on Sunday forecasted Egypt’s GDP to reach pre-pandemic growth levels of 6 percent, the highest…
Egypt, France sign €1.7 billion financing deals
Egypt has signed on Sunday €1.7 billion ($2.06 billion) worth of financing deals with France to fund projects in…
Kuwait Insurance board approves launch of Egypt insurance life unit
Kuwait Insurance Company said on Sunday its board approved plans to launch a life insurance unit in Egypt.
Egyptian parliament to discuss state 2021/22 new budget today
The Egyptian parliament, the country’s House of Representatives, will start Sunday discussing the new state budget…
Emaar Misr Q1 profits jump 113.7%
Emaar Misr, the Egyptian unit of UAE property conglomerate Emaar Properties, reported on Sunday a 113.73 percent…
Kuwait Insurance board to discuss setting up new unit in Egypt
The board of Kuwait Insurance Company will meet on Sunday to discuss setting up a new subsidiary in Egypt.
World Bank: Egypt’s real GDP to grow 5.5% in FY 2022/23
Egypt’s real gross domestic product (GDP) will grow 4.5 percent in the financial year 2021/2022 – down from…
Egypt’s United Bank secures Afreximbank $600 million loan to support SMEs – sources
African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small…
Egypt’s two biggest banks partner to form urban development JV
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have set up a new joint venture…