Month: October 2019

Inflation to average 8.4% in 2020: Focus Economics

Strong economic growth should stoke price pressures ahead

Doaa Elboraie

EALB signs a protocol with Tersana SC to finance club membership

The protocol was signed by Amr Gadallah, the bank’s vice president, on…

Daily News Egypt

Saudi Arabia seeks to benefit from Egypt’s expertise in promoting tourism: SCTH

Arab market represents 30% of incoming tourism to Egypt, Saudi Arabia comes…

Nehal Samir

NBE rules out issuing foreign bonds currently

Dealing with financial institutions is better and cheaper than bonds, says Aboul…

Hossam Mounir

Rosatom reviews Dabaa nuclear plant’s designs as execution starts 2H 2020

Al-Sisi follows up on the project, while four government agencies participate in…

Mohamed Farag

BP invests $2.7bn to develop North Alexandria’s Giza and Fayoum gas fields

Production of second phase amounts to 680m scf/day

Mohamed Adel

Lebanese President Aoun accepts Al-Hariri’s resignation, amid army’s intervention to open highway north of Beirut

The resignation of Lebanon's government aimed to ease the unrest, but protesters…

Daily News Egypt

Rameda targets stock market debut in 4Q 2019

Company to use IPO to fund opportunistic acquisition of pharmaceutical companies

Alyaa Stohy

Egypt to offer dollar-denominated T-Bonds, selects five lenders

The ministry said that the offering comes to exploit most of the…

Daily News Egypt

Egypt’s external debt jumps to $108.bn end-June: CBE

The CBE noted that debt services reached $13.4bn in fiscal year 2018/19,…

Hossam Mounir