Germany to earmark $250mn in 2018 to plug Egypt’s budget deficit
The German government will allocate $250 million in 2018 to plug Egypt’s budget deficit, German ambassador to…
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CBE allocates $1.8b to secure strategic goods reserves for 6 months
Egypt's central bank has allocated $1.8 billion to ensure six months of reserves in all strategic goods, Supply…
CBE allocates $56mn to Mortgage Initiative
Central Bank of Egypt (CBE) allocated 500 million Egyptian pounds for mortgage firms among the first stage of…
Industry ministry allocates $22mn for Egypt’s Al-Robeky leather zone phase II
Egyptian industry and trade ministry allocated around 200 million Egyptian pounds (US$22.5 million) for utilising…
IDA approves $22mn for Egypt’s Al-Robeky leather zone phase 2
The utilities fund of the Egyptian Industrial Development Authority (IDA) approved 200 million Egyptian pounds…
Natural gas contributes 70% to Egypt power plants: minister
70 percent of Egypt's production of natural gas are allocated to meet the needs of power plants to generate…
Egyptian IDA allocates $42m for Al-Robeky Leather Zone
The Industrial Development Authority (IDA) has allocated EGP330 million (US$42.1million) in the budget of fiscal…
Government allocates $511mn to upgrade Cairo Metro
Egyptian government decided to allocate EGP4 billion (US$511.1 million) as investments to develop the services of…
NUCA allocates $655 thousands to utilize Egypt’s New Administrative Capital
New Urban Communities Authority (NUCA) has allocated EGP 5 billion (US$ 655.000) to utilize new…
Germany To Allocate ?100 M Development Cooperation To Egypt: Ambassador
Germany agreed to allocate a development cooperation package of ?100m to Egypt to establish projects in renewable…
