Featured Bank of Russia to tighten policy amid inflation concerns Aya El Sayed Sep 17, 2024 0 The Bank of Russia has indicated the need for additional tightening of monetary conditions to curb inflationary…
Featured Global economy embraces central bank digital currencies Aya El Sayed Sep 17, 2024 0 A total of 134 countries, representing 98 per cent of the global economy, are now exploring digital versions of…
Energy EIB partners with Natixis CIB for Sicilian wind farm Aya El Sayed Sep 16, 2024 0 The European Investment Bank (EIB) announced on Monday that it had finalised a €97 million finance contract with…
Featured ECB’s Lane urges gradual rate reductions Aya El Sayed Sep 16, 2024 0 European Central Bank (ECB) Chief Economist Philip Lane stated on Monday that the ECB should continue to cut…
Featured EIB invests €40m in Spain’s electric motorcycle innovation Aya El Sayed Sep 16, 2024 0 The European Investment Bank (EIB) has granted a €40 million credit facility to Stark Future S.L., a leading…
Stocks EGX closes in green area on June 23 Aya Anwar Jun 23, 2024 0 Egypt’s stock market closed in the green area on Sunday. The main index, EGX30 jumped by 2.44 per cent, to…
Money Banque Misr lead arranger for EGP 2.5 bln Sawiris-led ZED West project Mostafa Mahmoud Dec 2, 2020 0 Egypt's second-largest state bank, Banque Misr is lead arranger for a 2.54 billion Egyptian pound ($162.3 million)…
Money EBRD approves a $50 mn long-term loan to finance a wind power plant in Suez Amwal Al Ghad English Aug 9, 2020 0 European Bank for Reconstruction and Development has approved $50 million long-term loan to help finance a $ 560…
Featured Maspero triangle’s towers will be up and standing in 30 months: NUCA Marwa himdan Jan 21, 2020 0 Egypt's New Urban Communities Authority is set to develop three residential towers in Maspiro Triangle within 30…
Money Sawiris lays the foundation stone for Gouna Cultural Centre Amwal Al Ghad English Aug 14, 2019 0 Egyptian Orascom Development's chairman Samih Sawiris has laid on Monday the foundation stone of El Gouna…