News
-
Average yields rise on Egypt's 3- and 9-month T-bills
Appetite for Egypt’s domestic debt has grown since the central bank floated the pound currency a year ago.
-
Egypt, Turkey put aside differences to boost business relations
Plans to establish a new industrial zone in Egypt worth EGP 3bn and will include a number of factories and workshops.
-
Egypt economy likely to remain unshaken by Sinai attack
Gunmen killed more than 300 worshippers in the attack on the mosque, the worst such attack by militants in Egypt’s modern history.
-
Egypt sees 55% rise in tourists in third quarter
Egypt's tourism revenues jumped 211.8 percent year-on-year to $5.3 billion in the first nine months of 2017.
-
Top 10 projects of natural gas, crude oil in Egyptian market
The largest project is Zohr Field that was discovered in 2015 by the Italian energy company Eni and is expected to save Egypt some $1 billion annually
-
Russia considers UAE, Egypt, Bahrain, Saudi Arabia as grain hub
We began this idea with Egypt, but as the decision there is delayed, we have involved Saudi Arabia, the UAE and Bahrain: Russian Trade Minister said.
-
CBE Governor confirms economy is improving in meeting with Sisi
Amer also said that the banking sector is stabilizing and that it has a high liquidity that helped in financing all types of projects.
-
Shuaa Capital relaunches securities brokerage business in Egypt
Dubai-based investment bank secures green light from Egyptian regulator.
-
Korean business delegation to visit Egypt in December
A delegation of 11 Korean companies will visit Egypt next month to study the execution of investment projects.
-
The MENA startup scene lags behind Europe and the US, but It's growing fast
The region now has over 3,000 startups, and the UAE leads the pack as home to 42% of those companies, followed by Egypt with 12%.
-
Is Amer the best Arab and regional central bank governor?
As 2nd anniversary approaches since Amer assumed CBE duties, DNE reviews important decisions made during his term, significantly floating the pound.
-
UK embassy in Cairo launches 'StartEgypt' with EGP 47 mln grant for Egyptian entrepreneurs
Held at Downtown's entrepreneurs' hub the GrEEk Campus, the initiative was launched with its three themes of “Ideate”, “Build” and “Accelerate”.
-
Telecom Egypt agrees settlement with Orange
Telecom Egypt, will book in Q4 2017 on its P&L additional revenue of EGP 49m and impairment to receivables of EGP225m.
-
Vodafone Egypt revenue EGP4.8bn in Q3
Vodafone Egypt’s ownership is divided between Vodafone UK, owning a 55% share, and 45% being owned by Telecom Egypt.
-
Egypt to receive next IMF loan disbursal in December
The payment will bring total disbursements under the programme to about $6 billion.
-
Vodafone Egypt inks bank deal, eyes cashless future
Vodafone Cash service currently enables money transfer services, but the deal will now see its remit widened to include more transfer services.
-
Egypt parliament approves tax increase on cigarettes
Finance minister Amr El-Garhy said the increase aims to reduce the budget deficit and generate revenues necessary for social protection programmes.
-
Chevrolet remains top-selling brand with 22.3% of market
Nissan comes in second place followed by Hyundai and Toyota.
-
Archeologists find Roman shipwrecks off Egypt's north coast
The discovery was made in collaboration with the European Institute of Underwater Archaeology.
-
Kuwait signs $42.5m loan agreement with Egypt
The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million.