AlexBank Plans EGP400mn Investments into Egypt Market
AlexBank, a member of Intesa Sanpaolo Group, confirmed its optimism about the future of the Egyptian economy due to…
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Egyptian economy
Egyptian Bourse Says to Approve 10 Listings by Year-end
The Egyptian stock Exchange (EGX) expects to have approved the listings of 10 companies by the end of this year as…
Egypt Signs Contracts with 6 Int’l Firms for Dredging of New Suez Canal
The head of Egypt's Suez Canal Authority announced on Saturday the government had signed a contract with six…
World Bank: Current Reforms in Egypt ‘Positive and Promising’
Managing Director and Chief Executive Officer at the World Bank (WB) Sri Mulyani Indrawati said on Sunday the…
Qalaa Holdings Eyes ‘$560 million Capital Top-up’
Egypt's Qalaa Holdings is considering a share issue worth some 4 billion pounds ($560 million) as part of efforts…
EALB in Talks with Defaulter Clients to Settle EGP500 million Debts
Egyptian Arab Land Bank (EALB) is currently in talks with defaulter clients in order to settle EGP500 million…
100 Days of Sisi: Egypt Economic Recovery Kicks off but Human Rights Trampled
When Abdel Fattah al-Sisi cruised to a landslide victory in Egypt's presidential election in June, he became the…
AlexBank’s Board Ratifies EGP20mn Contribution to Long Live Egypt Fund
The Board of Directors of AlexBank - a member of Intesa Sanpaolo Group, approved the decision to contribute EGP 20…
Arab Orient Takaful Invests EGP50 million in New Suez Canal Project
Egypt’s Arab Orient Takaful Insurance company purchased today EGP 50 million (around US$7 million) worth of…
Suez Canal II Feeds Egyptian Ambitions
Egypt has begun digging a new Suez Canal, 72 kilometres long, hoping to squeeze money from it by allowing two-way…
