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Solar energy enterprises & MSMEs to receive EUR103mln funding from KFW

Thursday 20/09/2018 19:41

By Samar El-Sayed KFW, the German government-owned development bank based in Frankfurt, is set to extend loans worth Euro103mln to small and medium-s...
Ministry of Housing paid up EGP5.3bn damages to contractors

Thursday 20/09/2018 18:31

By Mahmoud Zaki Ministry of Housing and Urban Communities paid EGP6.3bn out of  total dues owed to contractors as damages over  period exte...
CBE will be ready with a financial technology strategy next December: official

Thursday 20/09/2018 17:20

By Mahmoud Gamal & Sayed Badr The Central Bank of Egypt is set by next December to finalize a blueprint for  a national strategic financial s...
Economy "resilient" to emerging market turbulence - minister

Thursday 20/09/2018 14:38

Reuters: Egypt’s economy is proving “resilient” in the face of emerging market turbulence and there are additional sources of fundi...
Hyundai HD revenues hit EGP 636mn

Thursday 20/09/2018 13:21

Al-Mal Hyundai HD achieved revenues of about 636 million pounds during the first seven months of this year. The total sales of car during the period...
Soco International profits rise; to buy Egypt-focused Merlon

Thursday 20/09/2018 13:16

Agencies: Soco International reported a rise in first-half profit and revenue on Thursday and said it has agreed to buy privately-owned Egypt-focused...
Malysia's Proton adds Egypt to its export destinations in 2018

Thursday 20/09/2018 13:11

Bernama: Proton Holdings Bhd added Egypt to its export activities in 2018 during a flag-off ceremony at its plant in Tanjung Malim today. A total of...
Egypt -Morocco trade exchange hit 40% hike, senior official

Thursday 20/09/2018 13:11

By Mohamed Rihan The Egyptian-Moroccan Businessmen Association aims to increase trade exchange rates between the two countries by 40% to about 1.2 bi...
EGX plunges as liqudity tightens

Thursday 20/09/2018 13:08

Reuters: Egypt’s stock market plunged to its lowest close this year on Wednesday as liquidity tightened, while most Gulf markets were little ch...
Cyprus, Egypt sign framework agreement for building gas pipe

Thursday 20/09/2018 10:56

 (Xinhua) -- Cyprus and Egypt signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt, a statement sai...