Month: February 2019

International institutions acquired 30.7% of Egypt’s debts by end-June 2018

Debts to Arab countries reached $23.1bn or 24.9% of total external debts:…

Hossam Mounir

Google, Apple criticised for Saudi app allowing men to track female relatives

Tim Cook, Apple’s CEO, said in an interview with NPR that he…

Daily News Egypt

NTRA licences Etisalat Misr to provide triple-play services in compounds

The National Telecommunications Regulatory Authority (NTRA) has granted the mobile network operator,…

Ahmed Lamloum

Press Syndicate’s electoral commission receives no candidacy appeals

11 candidates ran for syndicate’s president, 53 for board membership

Daily News Egypt

El Farasha seeks to hire IPO advisors for 2Q2019 offering

Company awaits fresh stimulus, better market conditions to proceed with its offering

Daily News Egypt

FAO warns of desert locust raids in Egypt, Sudan, Saudi Arabia, Yemen

Egypt in danger of migratory pest, as groups of mature winged adults,…

Mohammed El-Said

Damietta Liquefaction Plant to export 550m scf of gas/day in April after six-year suspension

Agreement on international settlement in favour of UFG against Egypt for $1bn

Mohamed Adel

Business community calls on CBE to more cuts in interest rates

Decision to cut interest rates by 1% is good, yet values still…

Hagar Omran

Banks to discuss fate of deposit, lending interests this week following CBE rate cut

NBE, Banque Misr to keep interests of fixed-rate saving certificates stable, cut…

Hossam Mounir