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Flexible working hours stirred controversy at Egypt's parliament

Tuesday 07/08/2018 21:42

By Yasmeen Fawaz  Government-sponsored proposal offering flexible working hours for employers  in public offices aiming at rationalizing sta...
Rising temperature and Muslim Adha Feast cut poultry output by 40%

Tuesday 07/08/2018 20:29

By Omar Salem Poultry ex-farm prices are spiking slightly to a range of EGP25-26 per kilograms  and EGP29-31 for end-users on the back of a dippi...
CBE to ramp up electronic payments to 10% within 3 years

Tuesday 07/08/2018 19:45

By Maha Abu Wedn & Ahmed Ashour & Sayed Badr The Central Bank of Egypt is set to ramp up electronic payments to 10% of total payments in the ...
Exclusive: amendments proposed for law regulating public business sector companies

Tuesday 07/08/2018 18:21

By Ahmed Aly   Ministry of Public Business Sector submitted proposed amendments to law No.203 year 1991 regulating public business sector compan...
Nicosia seals gas pipeline deal with Cairo

Tuesday 07/08/2018 14:01

Cyprus Mail: Nicosia has reached an agreement with Cairo on a pipeline to connect the Aphrodite gas field in block 12 to Egypt, it was reported on Mo...
NBE considers pumping EGP 3bn within hotels renovation initiative

Tuesday 07/08/2018 13:56

By Sayed Badr The National Bank of Egypt is considering  the injection of a loan portfolio of EGP 2-3 billion, as part of an initiative  ai...
Afreximbank pumps $ 200mn into EGPC

Tuesday 07/08/2018 13:52

By Mohammed Salem The African Export-Import Bank (Afreximbank), has pumped a $ 200 million financing chip, into the Egyptian General Petroleum Corpor...
Banque du Caire to promote lands owned by Minya governorate

Tuesday 07/08/2018 13:53

By Essam Emaira: The governor of Minya Essam Al-Bedaiwy said that Banque du Caire has been tasked with offering and promoting lands owned by the gove...
Strong China-Egypt ties help improve cooperation, trade: senior banker

Tuesday 07/08/2018 12:59

Xinhua: China has been helping Egypt in many fields and China-Egypt cooperation has followed a win-win strategy, said a senior Egyptian banker. "Chi...
Foreign debt up more than 10% from last year

Tuesday 07/08/2018 11:21

AP: Egypt’s foreign debt has climbed more than 10 percent in less than a year, reaching $88.2 billion in March, the central bank said Monday, d...