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Egypt May Sell First Yen, Yuan Bonds in Early 2019

Monday 22/10/2018 11:45

Bloomberg Egypt is considering issuing its first Japanese yen and Chinese yuan-denominated bonds in the first quarter of 2019 as part of efforts to di...
Egypt to invite int'l bidders to set up a wind-based generator at 250 megawatt

Sunday 21/10/2018 19:48

By Omar Salem New & Renewable Energy Agency is set late December to invite International bidders  to set up a plant for generating electricit...
Transport negotiates loans worth 250 million dollars, source

Sunday 21/10/2018 14:17

By Medhat Ismail The Ministry of Transport has negotiated a number of international financing institutions, including the European Reconstruction Ban...
22 banks compete to attract top customers

Sunday 21/10/2018 14:06

By Soheir Mohamed   Banks are aggressively competing for the highest level of luxury to attract white collar or "Elite" class members in th...
Egypt is preparing scenarios for handling foreign debts

Saturday 20/10/2018 15:45

By Ahmed Ashour Egypt is preparing a comprehensive plan for handling mounting foreign debts through putting in place a borrowing ceiling  as wel...
Egypt cuts fees for ships arriving at East Port Said

Saturday 20/10/2018 14:19

Reuters - Egypt will reduce the tariffs on container ships and ferries coming from foreign ports to East Port Said for a period of one year, the Suez...
Enterprises Agency pumps EGP 3bn in Sharqiyya

Saturday 20/10/2018 14:12

By Ahmed El desouky The Small, Medium, and Micro Enterprises Agency’s CEO Nefen Jameh, said the agency is financing 186,000 small and micro proj...
Plan under way to revive state-run textile firms

Saturday 20/10/2018 13:19

Agencies: Egyptian minister for the public enterprise sector Hisham Tawfiq recently announced that a comprehensive development plan for state-run spin...
Egypt named top for investment attraction in Africa

Saturday 20/10/2018 11:19

Agencies: Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI...
IMF arrives in Egypt for the reform program’s fifth review

Thursday 18/10/2018 14:25

By Maha Abu Wedn The International Monetary Fund (IMF) official mission arrived in Egypt on Thursday in preparation for the start of the fifth review ...