El Sewedy, Mostakbal Urban Developments sign EGP 423.3m infrastructure contract
According to a company statement sent to the Egyptian Exchange (EGX) on…
North Korea to restart military exercises on southern border
Troops to be sent into demilitarised zone on border with South Korea,…
EGX-listed companies contribute EGP 80m to FRA income
Contribution from insurance companies amounts to EGP 255m, or 41.2%, of total…
1.2% increase in foreign employees in private, investment sectors during 2019
Of this figure, 81.8% were male workers, accounting for 12,236 of the…
No Breakthrough in GERD talks: Egypt’s Irrigation Minister
Ethiopia objects proposal to refer GERD talks to prime ministers of the…
Opinion| Defeating COVID-19 with Solidarity and Cooperation
The sudden onslaught of COVID-19 has taken a heavy toll on countries…
China, Africa enhance solidarity in face of COVID-19: Xi
Xi made the remarks in his keynote speech at the Extraordinary China-Africa…
Opinion| COVID-19 proves priority of accelerating digital economy
COVID-19 pandemic played major role in acceptance of digital transformation in Egypt,…
Parliament approves Valet Parking Law regulating service in streets
Up to six months imprisonment and fine of up to EGP 10,000…
CIB to limit focus on latest Kenya acquisition, no further expansion planned
Bank equity shielded against currency weakness through $200m IFC, EBRD support loan…