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Foreign inflows exceeded $120 billion since 2016 pound float: Cbank chief

Monday 14/05/2018 15:14

Reuters: Egypt’s Central Bank Governor said foreign inflows had exceeded $120 billion since its pound currency was floated in November 2016, st...
IFC extends $15 million credit facility to Vinavil Egypt to boost production

Monday 14/05/2018 14:20

Al Mal: IFC, a member of the World Bank Group, is providing a $15 million loan mainly in Egyptian pounds to Vinavil Egypt for Chemicals, a leading ma...
EGAS to supply gas to 800,000 homes, worth EGP 2.6bn

Monday 14/05/2018 13:11

By Nesma Bayoumi The Natural Gas Holding Company (EGAS) is implementing a plan to deliver natural gas to about 800,000 housing units during the perio...
Hermes'revenues close to EGP1bn in Q1Hermes'revenues close to EGP1bn in Q1

Monday 14/05/2018 12:59

By Mostafa Talaat EFG-Hermes recorded total revenues of EGP 945 million, during the period ending on 31 March 2018, and net profits after taxes and ...
Egypt beefs up security outside metro stations after fare rise protests

Monday 14/05/2018 12:44

(Reuters) - Egypt deployed security forces outside metro stations yesterday, witnesses said, a day after more than 20 people were detained following ...
NBE is arranging a bridge loan worth EGP600mln for Al-Canal Sugar Co.

Sunday 13/05/2018 20:50

By Mohmed Salem National Bank of Egypt, a state-owned bank, agreed to arrange a bridge loan worth EGP600mln for Al Canal Sugar Factory, a subsidiary o...
Dr. Oetker to acquire Cooks Industries

Sunday 13/05/2018 14:12

By Eman Al Qaddi and Sherif Omar: Dr. Oetker, a German firm producing baking powder and cake mixes, is close to acquire Cooks Industries in deal exce...
UCA to assess companies bidding on acquiring plots

Sunday 13/05/2018 13:41

By Bedour Ibrahim: The Urban Communities Authority (UCA) is receiving property developers, which are technically qualified for obtaining land plots a...
Time is right to invest in Egypt, Finland Ambassador

Sunday 13/05/2018 13:23

Al-Mal "The message to the Finnish businessmen wishing to invest is that the time is right now to invest in the Egyptian market," said Laura Kanseka...
SFA aims to double microfinance in the coming period

Sunday 13/05/2018 13:20

By Asma Sayed  Financial Supervisory Authority’s Board of Directors Vice Chairman Khalid Al Nashar said that the Authority intends to doubl...