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Exclusive: amendments proposed for law regulating public business sector companies

Tuesday 07/08/2018 18:21

By Ahmed Aly   Ministry of Public Business Sector submitted proposed amendments to law No.203 year 1991 regulating public business sector compan...
Nicosia seals gas pipeline deal with Cairo

Tuesday 07/08/2018 14:01

Cyprus Mail: Nicosia has reached an agreement with Cairo on a pipeline to connect the Aphrodite gas field in block 12 to Egypt, it was reported on Mo...
NBE considers pumping EGP 3bn within hotels renovation initiative

Tuesday 07/08/2018 13:56

By Sayed Badr The National Bank of Egypt is considering  the injection of a loan portfolio of EGP 2-3 billion, as part of an initiative  ai...
Afreximbank pumps $ 200mn into EGPC

Tuesday 07/08/2018 13:52

By Mohammed Salem The African Export-Import Bank (Afreximbank), has pumped a $ 200 million financing chip, into the Egyptian General Petroleum Corpor...
Banque du Caire to promote lands owned by Minya governorate

Tuesday 07/08/2018 13:53

By Essam Emaira: The governor of Minya Essam Al-Bedaiwy said that Banque du Caire has been tasked with offering and promoting lands owned by the gove...
Strong China-Egypt ties help improve cooperation, trade: senior banker

Tuesday 07/08/2018 12:59

Xinhua: China has been helping Egypt in many fields and China-Egypt cooperation has followed a win-win strategy, said a senior Egyptian banker. "Chi...
Foreign debt up more than 10% from last year

Tuesday 07/08/2018 11:21

AP: Egypt’s foreign debt has climbed more than 10 percent in less than a year, reaching $88.2 billion in March, the central bank said Monday, d...
Orix to invest $2.2bn in HNA Group aircraft leasing company

Tuesday 07/08/2018 10:27

Agencies: Japanese financial services group Orix is set to claim a stake in Irish aircraft lender Avolon Holdings, part of China's HNA Group, Nikkei ...
Airtel partners with Telecom Egypt for global submarine cable systems

Tuesday 07/08/2018 10:21

Agencies: Bharti Airtel has partnered with Telecom Egypt to ontain right of use on Middle East North Africa Submarine Cable (MENA Cable) and TE North...
Up to 150 auto showrooms shut down owing to surging operation costs

Monday 06/08/2018 20:57

By Ahmed Sawqi & Sherif Aisa Up to 150 auto dealers decided to shut down their showrooms on the back of spiking operation costs, price hikes, ...