Month: November 2016

10 banking institutions agree to finance 2nd phase of renewable energy projects

Solar and wind energy projects must be financed primarily from foreign financing…

Mohamed Farag

BP buys 10% of Eni’s massive Zohr gas field

The two companies agreed that BP could purchase another 5% before the…

Mohamed Samir

Petroleum Ministry to announce winning companies of exploration tender in 11 areas

Shell and Apache applied to acquire sectors in the western desert, says…

Mohamed Adel

Technical analysts recommend buying as shares fall during opening sessions of week’s trading

The market is expected to benefit from a support level of 10,900…

Mohamed Ahmed

Flotation of the pound, raising interest rates limit growth of retail banking: banker

Attracting new customers, including university students, and offering modern banking technology are…

Hossam Mounir

Mansoura Poultry discuses establishing new farm in Wadi El-Natrun

The farm is planned to be established with investments of EGP 100m,…

Mohamed Ahmed

Al-Sisi reportedly rejects appeal request to release Egyptian-Irish detainee Ibrahim Halawa

Halawa previously sent a letter from prison saying that he is being…

Daily News Egypt

GB Auto increases car prices 3 times in November, causes temporary shock in market: Ghabbour

Sales will return to normal within a few days, says the chairperson

Mohamed Ahmed

Bank Audi Egypt aims to increase SMEs portfolio to EGP 6bn in 4 years: deputy chairperson

Current portfolio stands at EGP 1bn, supported by strong specialised SMEs financing…

Hossam Mounir