Guides & Analytics
Brotherhood And Police Clashes Leave 4 Dead In Ain Shams
The ministry of interior issued a statement saying four people were killed in clashes between supporters of ousted president Mohamed Morsi and security forces in Ain…
El-Sisi’s Supporters Plan Last-Minute Demos In His Support
Supporters of Egypt’s former military chief Abdel-Fattah El-Sisi called for demonstrations on Friday in support of his bid for the presidency. The Rebel (“Tamarod”)…
Russia’s Sistema Eyes New Investment Potentials in Egypt
Russian oil-to-telecoms group Sistema (SSAq.L) (AFKS.MM) is reviewing potential investment opportunities in the Egyptian market, Egypt’s Minister of Trade, Industry…
Egypt Govt Secures 50% Finances for Metro Line 3’s Phase III
Egypt’s government will contribute by 50% of total financing for the 3rd phase of the third metro line project, Chairman of National Authority for Tunnels (NAT)…
IDA Plans to Establish Industrial Region in Ras Gharib-Egypt with EGP4 bln
Dr. Mahmoud El Garf, Head of the Industrial Development Authority (IDA) revealed that his Authority is planning to allure EGP4.158 billion investments through…
Fawry-Egypt Inks Pact with 2 Banks to Recharge Mobile Wallet by April
Fawry Electronic Bill Service is targeting to ink pact with two banks to facilitate recharging Mobile Wallet portfolio for the customers within the next April. Eng.…
Profit-takers Hit Egypt Shares, End Week with EGP14.8 billion Losses
Egypt’s stock market closed this week lower with dramatic losses totalling 14.8 billion pounds depressed by local profit-takers. Consequently, the country’s main…
CBE Rebuts Receiving Requests for Islamic Banking Licences
Egypt’s Central Bank has not received any recent requests from local banks for a licence to provide Shariah-compliant banking services, deputy governor Gamal Negm…