Featured PM: Egypt continues growth amid challenges Aya Anwar Dec 26, 2024 0 Egypt’s Prime Minister, Mostafa Madbouly, reaffirmed that the Egyptian economy has been growing positively, despite…
Featured Egypt posts 5.6% growth rate during H1 of 2019/20 Amwal Al Ghad English Feb 20, 2020 0 Despite the continued slowdown in global growth, The Egyptian economy maintains steady growth rates of 5.6 percent…
Industry & Trade Egypt’s total public investments hit $4.5bn in Q1-FY2018/19 Amwal Al Ghad English Dec 24, 2018 0 Egypt's total public investments reached 80 billion Egyptian pounds ($4.5 billion) during the first quarter of…
Featured Egypt automotive market to maintain 40% growth rate in H1 Amwal Al Ghad English Oct 9, 2018 0 Egypt's automotive market will maintain the growth rates achieved within the first half of the year, according to…
Financial Institutions Moody’s forecasts 4% growth for Egypt in 2017 Yomna Yasser Mar 18, 2017 0 Egypt’s economy is expected to grow by 4 percent this year, Stephen Dick, Vice President at credit rating agency…
Tech news Alibaba dethrones Baidu in China’s digital advertising market Noha Gad Sep 22, 2016 0 Mobile advertising is witnessing double digit growth rates, according to eMarketer, but not everyone is in for a…
Banks NBE ups large corporate customers’ finances at June-end Yomna Yasser Aug 18, 2015 0 The National Bank of Egypt, the oldest commercial lender in the country, has raised its finances for large…
Egypt News As Conference starts, a look at Key Economic Indicators for Egypt Yomna Yasser Mar 13, 2015 0 Egypt is making its most ambitious push to lure foreign and private investors, hoping to propel growth and provide…
Banks AAIB Registers EGP842 Million Profits in 9 Months Salma Ayman Dec 4, 2014 0 Arab African International Bank (AAIB)'s business results within the first 9 months of 2014 revealed that the…
Tech news Lenovo-Egypt Attains US$10.5bn in Q2 Salma Ayman Nov 12, 2014 0 CEO of Lenovo Egypt Company Yasser Shaheen said Lenovo achieved US$10.5 billion revenues, went up by 7% growth…
Banks Barclays Egypt Bank Endorses EGP377mn Profits in Q3 Salma Ayman Nov 10, 2014 0 Barclays Bank Egypt attained EGP377 million profits at the end of the third quarter of the ongoing year against…
Tech news Egypt’s ICT Ministry to Pump EGP80bn in Manufacturing Electronics by 2020 Salma Ayman Nov 4, 2014 0 Egyptian Information and communication Technology Minister Atef Helmy said the Electronics manufacturing axis comes…
Tech news eMarketing Issues its Fifth Annual Report for Facebook in Egypt Salma Ayman Oct 26, 2014 0 eMarketing Egypt one of the most growing internet marketing consulting companies issued its fifth annual report…
Banks Misr Iran Bank’s Deposits Decline to EGP5.9bn in September Salma Ayman Oct 12, 2014 0 Misr Iran Development Bank's deposits fell to EGP5.9 billion in September in compared to EGP6.8 billion in 2013…
Industry & Trade $8bn New Investments Targeted in Egypt’s Electricity Sector within 18 Months Salma Ayman Sep 30, 2014 0 Egyptian Investment Minister Ashraf Salman revealed that the government is aiming to allure investments worth US$8…
Real Estate Egyptian Mortgage Finance Firms Grant EGP398mn till last August Salma Ayman Sep 25, 2014 0 A report issued from Egyptian Financial Supervisory Authority (EFSA) revealed that the volume of mortgage finance…
Tech news Developing Egypt’s ICT Sector will Increase Revenues to EGP33 bln by 2020: Minister Salma Ayman Sep 25, 2014 0 Egyptian Information and Communication Technology (ICT) Ministry Atef Helmy stated that the gross domestic…
Banks Banque Du Caire Registers EGP900mn Profits in August Salma Ayman Sep 23, 2014 0 Senior Sources in Banque Du Caire said the bank has attained EGP900 million profits at the end of last August…
Banks Ahli United Bank’s Credit Portfolio is EGP11 billion Salma Ayman Sep 18, 2014 0 An official source in Ahli United Bank (AUB) said the bank's volume of credit portfolio increased to EGP11 billion…
EGX Eastern Tobacco Egypt to Buy EGP100mn Investment Certificates in Suez Canal Salma Ayman Sep 2, 2014 0 Eastern Tobacco Egypt Company has decided yesterday to buy investment certificates in Suez Canal with EGP100…
Banks EGB’s Personal Loans Portfolio Attain EGP471mn at June Salma Ayman Aug 19, 2014 0 The total value of Egyptian Gulf Bank's (EGB) personal loans reached around EGP471.2 million in compared to…
Egypt News Egypt Eyes 4.5% Growth Rate in FY2014/15 Plan – Minister Yomna Yasser Jan 19, 2014 0 Egyptian Minister of Planning Ashraf El-Araby said the government is aiming to increase the growth rates during the…
Banks Al Baraka Bank Egypt Eyes 15% Growth Rates, 5 New Branches in 2014 Yomna Yasser Dec 26, 2013 0 Al Baraka Bank of Egypt is planning to increase its volume of growth rates by 15% within 2014. Ashraf El Ghamrawy,…
Real Estate Committed to boost our investments in Egypt &Real Estate leads growth rates Amwal Al Ghad English Nov 11, 2013 0 SECON- The Saudi Egyptian Construction Company: CEO Considering SECON’s Capital with $100mln… We Seek to Establish…
Financial Institutions Official: Egypt Government Plans to Bring up Growth Rates to 3.5% Yomna Yasser Oct 21, 2013 0 Egyptian Minister of Planning Ashraf el-Araby said the government is planning to pump additional 24.5 billion…
Tech news Jumia Says Annual Growth Rate for E-Trading in Egypt Hit 5% Salma Ayman Oct 3, 2013 0 Mattia Perroni, One of the Founders at Presso Jumia Egypt-Rocket Internet GmbH, has asserted that the Egyptian…
Financial Institutions Euro area GDP down by 0.2% and EU27 down by 0.1% Administrator Jun 6, 2013 0 GDP fell by 0.2% in the euro area1 (EA17) and by 0.1% in the EU271 during the first quarter of 2013, compared with…
Financial Institutions Egypt’s Finance Report: GDP Hit 2.2% In Q2 Of 2012-13FY Administrator Jun 1, 2013 0 The Gross Domestic Product (GDP) achieved remarkable improvement for Egypt, although the rates are…
Financial Institutions Islamic Insurance Leads Sector Growth Rates In Egypt Market Amwal Al Ghad English May 27, 2013 0 Bank Insurance Flourish Sector, Yet Unawareness Impedes Lowered Credit Rating, Obstacle To Form Reinsurance Firms…
Tech news Mobinil Pared Losses To EGP 230 Mln Salma Ayman Feb 19, 2013 0 The Egyptian Company For Mobile Services (Mobinil)-(EMOB.CA) has trimmed its losses within the fourth quarter of…
MENA News Mideast Airlines Top Global Growth Rates In Sept Amwal Al Ghad English Nov 4, 2012 0 Middle East carriers saw by far the strongest passenger traffic growth in September, with demand up 13.3 percent…
Industry & Trade 2.4% Targeted Growth Rate To Provide Jobs: Ministry Administrator Oct 3, 2012 0 Ahmed Al Sayad, advisory to the minister of investment, said the state aims at achieving 2.4% growth rates in 2012,…
Tech news Mobile Penetration Rate Hits 112.81% Administrator Sep 16, 2012 0 According to a report issued by the Ministry of Communications and Information Technology, the number of mobile…