Guides & Analytics
Egypt, UAE Al-Futtaim to Ink $2.2bn Deal to Develop Commercial Centres
Egypt’s Investment Minister Osama Saleh is scheduled to meet with UAE-based Al Futtaim Group Tuesday to sign an agreement worth EGP 16 billion (US$ 2.2 bln) to be…
CBE Requests EGP60 bln in 25th Auction of Deposit Operation
The Central Bank of Egypt (CBE) has requested around EGP60 billion domestic surplus liquidity from the banks which are operating in the banking sector in 7-days 25th…
Italy offers New credit line worth €45mn to Egyptian SMEs
Italy is granting a credit line worth € 45 million to Egyptian and Italian small and medium-sized enterprises (SMEs) that have common projects in the industry, food…
NTRA Says Offering ’Broadband’ Pilot Project by Jan-End with EGP350 mln
Eng. Hesham Alayli CEO of National Telecommunication Regulatory Authority (NTRA) revealed offering pilot project for broadband strategy by the end of the current…
Egypt Regulator Extends Citadel Capital’s Rights Issue until February 13
The Egyptian Financial Supervisory Authority (EFSA) approved Citadel Capital (CCAP.CA)’s request to extend the period of subscription to the company’s rights issue…
Minister – Egypt Tourism Revenues Down 41% In 2013 Vs 2012
Egypt's tourism revenue sank by 41 percent to $5.9 billion in 2013 in comparison with a year earlier, Tourism Minister Hisham Zaazou said on Tuesday, a further sign…
Egypt’s Constitution Supports Religious Freedom, Expert Says
Egyptians approved a new constitution in a referendum. The new constitution supports freedom of religion - at least for some minority groups, according to Egypt and…
Cemex Backs Egypt Court Referral on Assiut Ownership Case
An Egyptian appeals court’s decision to refer a case over Cemex SAB (CEMEXCPO)’s ownership of Assiut Cement Co. to an administrative court is “a step in the right…