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Egypt's president approves law for ride-hailing apps

Monday 25/06/2018 14:02

Associated Press Egypt's President Abdel-Fattah el-Sissi approved a law governing popular ride-hailing apps Uber and Careem after the companies appea...
Egypt to extend state of emergency for three months

Monday 25/06/2018 13:58

(Reuters) - Egypt’s parliament approved  yesterday the extension of a nationwide state of emergency for three months from July 14. Egypt ...
CI Capital signs an agreement with Asian bank to increase trading services

Monday 25/06/2018 13:56

By Ragab Ezz el-Din CI Capital has announced the signing of an agreement to provide trading services with My Bank Chem Ang, one of the investment ban...
Egyptian – Chinese consortium wins Hamrawein power plant project

Monday 25/06/2018 13:03

By Omar Salem: An Egyptian – Chinese consortium made up of Hassan Allam Holding, Shanghai Electric and Dongfang Electric has won a bid to build...
Cairo about to become LNG exporter

Monday 25/06/2018 11:54

Bloomberg: Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop i...
BDB closes $100m venture capital fund

Monday 25/06/2018 10:17

TradeArabia: Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round, ...
EGX30's inching up to 16600 challenged by a profit-taking revival: analysts

Sunday 24/06/2018 21:56

By Mona Abd El-Bary EGX30 is expected to head towards 16600pts this week, then a limited profit-taking may follow driving the benchmark  index ...
Household loans hiked by EGP5bn in February

Sunday 24/06/2018 20:57

By Ahmed El-Desouky Household consolidated  loans hiked by EGP5bn in February 2018 to EGP262bn up from EGP257bn by late January 2018, according ...
Egypt's parliament to propose a legislation to tax Facebook's ads

Sunday 24/06/2018 20:29

By  Yasmeen Fawaz & Somya Kamal Egypt's House of Representatives is considering the enactment of a bill taxing companies that are advertisin...
Mo Salah considering quitting Egypt national team

Sunday 24/06/2018 19:38

By CNN Mo Salah is considering quitting the Egyptian national team due to his unhappiness over what has happened in Chechnya, where the team was base...