Business
Misr Italia complete 35% of Ain al-Sokhna project totaling LE2 bn
November 20, 2019
Misr Italia complete 35% of Ain al-Sokhna project totaling LE2 bn
Misr Italia Properties has completed 35 percent of the work on a new LE2 billion project in Suez’s Ain al-Sokhna,…
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
November 19, 2019
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expects the Egyptian economy to…
Egypt is Germany’s third-largest trade partner in the Middle East with trade exchange worth $3.6 bn
November 18, 2019
Egypt is Germany’s third-largest trade partner in the Middle East with trade exchange worth $3.6 bn
Trade between Egypt and Germany increased by $43 million during the first nine months of 2019 to US$3.622 billion, compared…
As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs
November 17, 2019
As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs
The Ministry of Finance’s sector heads are responsible for qualifying young cadres for leading jobs through teamwork, and making innovation…
Egypt’s tourism sector witnesses notable jump in revenues
November 15, 2019
Egypt’s tourism sector witnesses notable jump in revenues
An official source from The Central Bank of Egypt (CBE) said on Thursday that tourism sector revenues have increased by…
Egypt’s central bank makes third straight cut to interest rates
November 15, 2019
Egypt’s central bank makes third straight cut to interest rates
Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince
November 14, 2019
UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince
The United Arab Emirates and Egypt have launched a $20 billion investment platform for economic and social projects, the crown…
European Investment Bank’s investments in Egypt reach €9 billion
November 13, 2019
European Investment Bank’s investments in Egypt reach €9 billion
The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
November 11, 2019
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
Egypt’s annual rate of inflation increased to 2.7 percent in October up from 2.6 percent in September, The Central Bank of…
Egypt’s HCMLT to soon contract global consultant for restructuring
November 11, 2019
Egypt’s HCMLT to soon contract global consultant for restructuring
The Holding Company for Maritime and Land Transport (HCMLT) will soon seal a contract with an international consultancy office that…