SETS: link between upgrade transport and design of Egypt new cities ‘inextricable’
Hossam Abdelgawad, director of transportation of the consultancy firm SETS North Africa, stresses on Thursday the…
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private sector
Erdogan warns Europeans will not walk safely
President Tayyip Erdogan said on Wednesday that Europeans would not be able to walk safely on the streets if they…
EBRD: Egypt investments record €47.7 million since early 2017
The European Bank for Reconstruction and Development (EBRD) has so far invested in Egypt around €47.6 million…
Dollar prices hold gains on higher Treasury yields
The dollar stood tall on higher U.S. Treasury yields on Thursday, after a surge in U.S. private sector jobs in…
EBRD raised €700 million for Egypt private sector in 2015, 2016
The European Bank for Reconstruction and Development (EBRD) had provided financing of around €700 million ($740.6…
Monte dei Paschi bank races to raise €5 bln cash by year-end
Italy's Monte dei Paschi bank has said it would try to raise €5 billion (£4 billion; $5.3 billion) from…
IFC, Egypt sign consulting agreement for Abu Tartour industrial port
Egypt’s Ministry of Finance signed Saturday a financial consulting agreement with the International Finance…
IFC current portfolio with Egypt nears $1.5 bln, in talks for more
The International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is…
Report: 4 obstacles to business in MENA, North African countries including Egypt
Political instability, corruption, unreliable electricity supply, and inadequate access to finance are factors that…
Currency uncertainties, falling demand bring Egypt’s business activity to 31-month…
Egypt's non-oil private sector activity contracted at its sharpest pace in 31 months in March, driven by falling…