Featured Towards export-friendly economic system Dina Abdel Fattah Feb 4, 2024 0 It is hardly unexpected that the International Monetary Fund mission is staying longer in Egypt given the severity…
Egypt News Practical remedies urged for Egyptian economy Dina Abdel Fattah Jan 30, 2024 0 A condition of perplexity brought on by the commonly asked question, "Where are we going?" A question that, in the…
News Egyptian economy to grow by 4% in 2022-23 FY- Minister Sama Mousa Sep 10, 2023 0 Egypt's economy is expected to grow by around four percent or less during the current fiscal year (FY) 2022-2023,…
Banks CIB provides EGP 1.5bn loan for YANMU East Logistics Park project Nada Ali Sep 7, 2023 0 YANMU Logistics Park, a joint venture between HAU Logistics and Agility, has secured a ten-year loan of 1.5 billion…
Egypt News Russian Novostal-M plans to build factory in Egypt Nada Ali Aug 17, 2023 0 Russian metallurgical holding company Novostal-M plans to establish a new factory in Egypt to expand its…
Egypt News Japan’s Torishima to invest $5mln pump factory in SCZone Nada Ali Jul 25, 2023 0 Japanese manufacturer Torishima is set to build a pump production centre in Egypt's Suez Canal Economic Zone…
News Fitch’s downgrade comes amid severe pressure on Egypt’s economy Nada Ali May 7, 2023 0 Egypt’s Minister of Finance, Mohamed Maait has commented on Fitch’s decision to downgrade Egypt from B+ to B,…
Egypt News Egypt’s economy hits 3.9% growth in Q2 of FY 22/23 Nada Ali Mar 15, 2023 0 Egypt’s economy grew during the second quarter of the current fiscal year by 3.9 percent, according to initial data…
Banks Hisham Ezz Al-Arab is back to CIB bank as non-executive member Nada Ali Nov 22, 2022 0 Hisham Ezz Al-Arab has returned to the Commercial International Bank (CIB-Egypt) as non-executive member of its…
Banks Egypt’s central bank aims to double foreign reserves in 4 years – Hassan Abdalla Nada Ali Oct 27, 2022 0 Egypt's central bank aims to rebuild stronger foreign reserves and to be doubled within four years, said its…