Month: July 2017

Package of negative implications pending after hiking interest rate

Financing of companies through non-bank financial markets amongst top beneficiaries

Daily News Egypt

First Egyptian factory for sports shoes opened with EGP 60m investments 

The factory’s capacity is 120,000 shoes per month, we aim to export,…

Daily News Egypt

Egypt third biggest market for contracts awarded in MENA 2016: MEED report

Egypt was the third biggest market for contract awards in the Middle…

Daily News Egypt

Government banks rule out offering new savings certificates with return of 25%

NBE meets at end of the week to determine the fate of…

Hossam Mounir

34 security personnel killed in militant operations since 5 July

The military is continuing its operations in Sinai using infantry and air…

Daily News Egypt

Al-Azhar denies arrest of Uyghur students “on campus”

An alleged video of handcuffed Azhar students from Turkestan was circulated on…

Daily News Egypt

“Hasm” suspects opened fire on police forces: ministry

Police forces killed two men allegedly suspected of belonging to the militant…

Daily News Egypt

Hussein Fahmy heads CIFF’s jury, Maged El-Kedwany wins Fatem Hamama Award 

Prominent actor Hussein Fahmy is selected to be the head of the…

Daily News Egypt

Interest rate hike will impose significant fiscal burden: economic experts

HSBC believes that the CBE’s tightening cycle has peaked, Capital Economics forecast…

Mohamed Samir

Jewish Temple in Alexandria allocated EGP 40m for renovation

Egyptian authorities previously refused Israeli offer to fund the restoration process

Daily News Egypt