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Egypt to earmark EGP550mln for building Luxor's new museum and avenue

Sunday 29/07/2018 19:09

By Doaa Mahmoud The Egyptian government agreed to provide EGP550mln  to Ministry of Antiquities for financing the first phase of Sharm El-Sheikh ...
Local banks are scrambling to finance durable goods

Sunday 29/07/2018 18:22

By Suhair Mohmed In light of surging prices of durable goods, notably  the electrical appliances which spiked since the flotation of the local cu...
Eni to ramp up gas production at Zohr field

Sunday 29/07/2018 14:04

TradeArabia: Italian gas and oil major Eni said it will increase production capacity at Egypt’s Zohr gas field to two billion standard cu ft pe...
Central Bank Okays NBG’s exit

Sunday 29/07/2018 13:09

By Mohamed Salem and Iman Al Qaddi: The Central Bank of Egypt (CBE) has approved a request submitted by the National Bank of Greece (NBG) to exit Egy...
Alexandria to create private tourist-only beaches

Sunday 29/07/2018 12:28

TRT World: Egypt's second largest city, Alexandria, is planning to make some of its beaches available only for tourists to revive tourism in the coun...
McKenzie- Sarie-Eldin- PwC alliance to draw up sovereign fund’s regulations

Sunday 29/07/2018 11:35

By Ahmed Ashour: The government has contracted with a consulting consortium made up of the law firm Sarie-Eldin & Partners, Pricewaterhouse Coope...
Toyota plans hydrogen-powered SUVs and pickup trucks

Sunday 29/07/2018 10:10

Agencies: Toyota is doubling down on its investment in hydrogen fuel cell vehicles, designing lower-cost, mass-market passenger cars and SUVs and pus...
EGX to resume a rallying trend this week, EGX30 to target 15500pts

Saturday 28/07/2018 20:49

By Mostafa Talaat The Egyptian Stock Exchange is set to resume its upward trend during this week's sessions to target the resistance level of 15500pt...
Egypt's El-Sisi reiterates the importance of renewing religious discourse

Saturday 28/07/2018 20:23

By Ahmed Saby While attending the 6th Youth Conference held today at Cairo University, Egypt's President Abd El-Fattah El-Sisi reiterated the import...
Arab Bank posted USD6mln profits in 2018's first half

Saturday 28/07/2018 18:59

By Suhair Mohmed The Arab Bank increased after-tax profits by 5% to USD43mln   in the first half of 2018 up from USD415.2mln earlier, demon...