Central Bank of Egypt announces 1 Jan. bank holiday
Egypt’s central bank said on Sunday that all banks operating in the country will be closed on Thursday, 1 Jan.,…
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financial year
EGX to close on Jan 1st
The Egyptian Exchange (EGX) will be closed on Wednesday, 1 January 2025, for the end of the financial year, with…
Egypt’s Memphis Pharmaceuticals losses hit 19.8 mln pounds in H1-FY2017/18
Egypt’s Memphis Pharmaceuticals and Chemical Industries (MPCI) unveiled Tuesday that its losses stood at 19.8…
Bitcoin trading is unlawful pursuant to Islamic Sharia: Egypt’s Grand Mufti
Trading of the world's leading cryptocurrency Bitcoin is unlawful in accordance with Islamic Sharia, Egypt’s Grand…
Banks to be closed in Egypt next Monday
Egyptian banks will be closed next Monday, the Central Bank of Egypt (CBE) said Wednesday in a statement. As…
Egypt’s FY2017 economic growth not below 4%: minister
Egypt's economic growth rate would not fall below for during the financial year 2016/2017 four percent.As for the…
Budget deficit falls 8% of Egypt’s GDP in first nine months of FY2016/17
Egypt's budget deficit for the first nine months of the financial year 2016/2017 ending in June dipped to eight…
El-Molla endorses budgets of three Egyptian oil firms for 2017/18
Egyptian Petroleum Minister Tarek El -Molla endorsed Thursday the planning budgets of three oil firms for financial…
Moukhtar Ibrahim: Infrastructure works in New Cairo, October hit 336 mln pounds
The volume of works mandated to the Egyptian contracting company, Moukhtar Ibrahim has reached 336 million Egyptian…
Egypt Post targets $39.4 mln surplus by end of FY2016-17
Egyptian postal authority, Egypt Post says hopes to record a financial surplus of 350 million Egyptian pounds…
ITIDA sets FY2016/17 budget at 518 mln Egyptian pounds
Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian telecoms ministry, has…
Egypt’s ITIDA mulls boosting export subsidies on IT services
Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian telecoms ministry, studies…
SoftBank expects up to $2.4 billion profit on Alibaba share sale this business year
SoftBank Group Corp said on Wednesday it expects to book a profit of between 200 billion yen and 250 billion yen…
Egypt’s current account deficit $8.9 bln in H1 vs $4.3 bln yr earlier
Egypt's current account deficit more than doubled to $8.9 billion in the July-December first half of the 2015/2016…
Emaar Misr announces 21.2% increase in FY2015 sales
Emaar Misr for Development (EMFD), the leading developer of premium lifestyle communities in Egypt, Committed net…
Egypt’s state bank giant NBE profit up 36% in FY14/15
National Bank of Egypt (NBE), the country’s largest state bank, reported a 36 percent rise in profit in the…
Union National Bank-Egypt to Hold Its General Assembly on March29
Union National Bank-Egypt announced for attending its General Assembly on March 29 2014 to consider the approval of…