Banks Egypt’s main agricultural bank to inject $127.7mn in desert reclamation project Yomna Yasser Feb 6, 2016 0 Egypt’s main agricultural bank, PBDAC is planning to invest one billion Egyptian pounds (US$127.7 million) in the…
Egypt News Egypt GDP growth for Q1 2015-2016 likely below 5%: planning minister Yomna Yasser Dec 9, 2015 0 Egyptian planning minister said Tuesday he expects GDP growth for the first fiscal quarter of 2015-2016 to be less…
Financial Institutions Kuwaiti Investors Eye Egypt Insurance Market, US$68mn Investments Yomna Yasser Dec 23, 2014 0 A group of Kuwaiti investors has expressed intention to start business in Egypt’s insurance market, deputy head of…
Banks Egypt’s Gross Domestic Debt Jumps 24% in FY2012/13 – CBE Yomna Yasser Oct 25, 2013 0 Egypt's gross domestic debts rose by almost 24 percent in the fiscal year (FY) 2012/13, reaching EGP 1.5 trillion…
Tech news Exclusive: Mobiles Contribute Significantly to GDP Growth Yomna Yasser Sep 26, 2013 0 Berlin, 26 September 2013: A new study published by the Vodafone Institute for Society and Communications shows the…
Egypt News TUI Restarts Egypt Trips After Germany Relaxes Travel Advice Yomna Yasser Sep 25, 2013 0 TUI Germany, part of Europe's largest tour operator TUI Travel, is restarting holidays to Egypt with immediate…
Banks Analysis: With Gulf Aid, Egypt Economy Can Limp Through Crisis Yomna Yasser Aug 20, 2013 0 Egypt's political crisis has dealt a blow to any hopes for a quick economic recovery, but aid from its Gulf allies…
Banks CBE Kept Interest Rates Unchanged On Low GDP, Retreating Investment Rates Administrator May 11, 2013 0 The Central Bank of Egypt’s (CBE) Monetary Policy Committee has left overnight deposit and lending rates unchanged…
Banks Soaring Inflation Drives CBE To Raise Lending, Deposit Rates By 50 BPS Administrator Mar 23, 2013 0 The Central Bank of Egypt’s Monetary Policy Committee has raised benchmark overnight deposit and lending rates by…
Egypt News Egypt Seeks Tourism Boost After Ahmadinejad Visit Yomna Yasser Feb 25, 2013 0 Egypt’s tourism minister is heading to Tehran, the government said on Sunday, as Cairo tries to halt sliding…