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Egypt’s Amer calls for huge IMF, World Bank rescue package for Africa
Central Bank of Egypt Governor Tarek Amer has called on the IMF and the World Bank to extend more than USD 500 bn…
Egypt’s gold reserves resume its rising trend to $1.2bn in 7M
Gold reserves in Egypt increased by $429 million or 10.5% to a new record of $4.505 billion in July, compared to…
JP Morgan says Egypt only MEA country to keep confidence of big credit rating agencies
JP Morgan said Egypt was the only Middle East and Africa (MEA) country to retain the confidence of world’s big…
Egypt’s net foreign reserves rise to $38.3 bln in July – CBE
Egypt’s net foreign reserves increased slightly to $38.315 billion in July from $38.202 biilion in June, the…
Egypt’s NUCA launched new land plot for urban activity in Sheikh Zayed
Egypt’s New Urab Communities Authority (NUCA) - an agency under Ministry of Housing - has launched on Wednesday a…
Egypt’s NUCA auctions land plot for services activity in New Alamein
Egypt’s New Urban Community Authority (NUCA), an agency under Ministry of Housing, has launched on Wednesday one…
Egypt’s Misr Insurance to cover assets of plastics factory in 10th Ramandan City
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover the assets of a polythene and…
Orascom Investment ends talks with Qatari Diar without reaching an agreement
Orascom Investment Holding (OIH) announced the end of negotiations with Qatari Diar Real Estate Investment Company…
Egypt establishes transformer station in Mansoura with capacity of 500 MVA
Egypt’s Miniister of Housing Assem El-Gazzar said that a new transformer station in Mansoura is being implemented…
Egyptian insurance sector’s premiums likely to fall 15% in FY21 due to coronavius
The premiums of Egypt’s insurance sector is expected to decline between 15-20 percent within the 2020/2021…
