Year: 2017

Egypt must tackle inflation risks: Lagarde

“Other reforms have to continue, but there has to be a special…

Hisham Salah

Ministry starting operations of 5 tanneries end of May

The Establishment and Facilitating of Industrial Zones Fund has allocated EGP 200m…

Shaimaa Al-Aees

Investment minister discusses increasing IFC finances

Egypt used $700m of its $2bn cooperation portfolio at the IFC between…

Hisham Salah

Ultraconservative Islamist party starts initiative to stop violence in Sinai

The initiative proposes ending both militant and security-led attacks

Adham Youssef

Military drills between US and Egyptian navies underway

Drills come days after the visit of US secretary of defense James…

Daily News Egypt

IDA extends application period for Raswa complex until 4 May

The authority increased the period of application submission because there was a…

Nihal Mounir

New EJB board of directors to be elected 2 May

11 members to be chosen from 21 candidates of EJB United Alliance…

Hossam Mounir

Government wants World Bank to accelerate approving loan’s 3rd tranche

Egypt also asked the World Bank to expand its financing for developing…

Hisham Salah

HCWW negotiates to finance Lake Qaroun project with €300m

The Holding Company for Water & Wastewater (HCWW) is currently negotiating with…

Mohamed Farag

Banks’ foreign trade operations worth $28bn between flotation and 10 April

Documentary credits opened for $9bn, repayment of other collection and credit documents…

Hossam Mounir