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Afreximbank sets up USD 100mn fund to finance African exports

Saturday 14/07/2018 14:10

By Mohamed Salem: The African Export-Import Bank (Afreximbank) is currently finalizing the creation of a fund to finance exports in Africa. “Th...
Investment Minister to head for America tomorrow to participate in economic forum

Saturday 14/07/2018 14:02

By Ahmed Ashour Minister of Investment and International Cooperation, Dr. Sahar Nasr will travel to the United States tomorrow to participate in the ...
Egypt court finds 37 guilty at illegal organ trading trial

Saturday 14/07/2018 13:55

CAIRO (Reuters) - An Egyptian court on Thursday convicted 37 people on charges related to illicit trading in human organs and sentenced them to priso...
At least 58 injured as train derails in Egypt

Saturday 14/07/2018 13:50

(Reuters) - At least 58 people were injured  yesterday when a passenger train derailed south of Egypt’s capital Cairo, the health ministry...
Finance Ministry to bring in new accounting and auditing act

Saturday 14/07/2018 13:16

By Maha Abu Wadn: The Ministry of Finance is working to accelerate introducing new Accounting and Auditing Practice Act taking into account the lates...
Mena M&A deal value in Q2 hits 8-year high at $34bn

Saturday 14/07/2018 12:19

TradeArabia: The value of announced M&A transactions with any Mena involvement reached $33.9 billion during the second quarter (Q2) of 2018, 74 p...
Oil companies struggle to navigate Trump on steel tariffs

Saturday 14/07/2018 11:31

Agencies: U.S. tariffs on foreign steel are testing oil and gas companies’ ability to navigate the Trump administration. The American Petroleum...
IMF expects Egypt's current account deficit to shrink to 2.6 pct of GDP

Saturday 14/07/2018 10:23

Xinhua: The International Monetary Fund (IMF) predicted Thursday Egypt's current account deficit will fall to 2.6 percent of its GDP in 2018-2019 fro...
EGX fell this week, capitalization shaved EGP10bn

Thursday 12/07/2018 21:06

By Mona Abd El-Bary The Egyptian Stock Exchange ended this week's trades on a down note amid capitalization losses of EGP10bn, as analysts expect the ...
The Administrative Capital Co. sold residential units at EGP4000 per sqm

Thursday 12/07/2018 20:23

By Bedour Ibrahim Chairman of the Administrative Capital  Urban Development Company Ahmed Zaki Abdeen said that residential units in Residential ...