Gulf Council investments in building materials hit $37bn in 2014- GOIC
The investments of Gulf Cooperation Council (GCC) region in building materials sector reached US$37 billion in…
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industry
Egypt’s Downstream Summit Kicks off next month
The World Refining Association’s Inaugural Egypt Downstream Summit & Exhibition is taking place on February…
Egypt seeks restoring its leading position in aviation industry: minister
“The Civil Aviation Ministry is seeking to restore Egypt’s leading position in the civil aviation industry at the…
National Bank of Egypt plans $753.3mn finances for medium-sized enterprises
The National Bank of Egypt (NBE), the country’s biggest state-run bank, is considering pumping 5.9 billion Egyptian…
Egypt will add up to 3 GW of power, to end power shortages: minister
Egypt expects to add 2,500-3,000 megawatts of electricity generation capacity in the coming year, going some way…
Egypt construction industry sees boom time – experts
Egypt's construction industry is witnessing a significant revival. The value of project accomplished by private…
Kuwait’s investments in Egypt hit $2.8 billion: envoy
Kuwait’s total investments in Egypt are estimated at US$ 8 billion, said the Kuwaiti ambassador to Cairo, Salem…
Oil falls after industry report shows surge in U.S. crude stocks
Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude…
China’s devaluation may be bad news for FX industry
China's currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take…
NBE pumps $191mn-credit Facilities into Tourism, Industry and Contracting Sectors
The National Bank of Egypt (NBE) has pumped credit facilities worth 1.5 billion Egyptian pounds (US$ 191.5 million)…
