Shaimaa Al-Aees

2563 Articles

ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees

41.4% decrease in foreigners working in Egypt’s government sector: CAPMAS

Number of foreign workers in any facility and its branches is not…

Shaimaa Al-Aees

243% increase in World Bank support to Egypt

The World Bank is financing Egypt with five loans for developmental and…

Shaimaa Al-Aees

$500m to launch 750 MW capacity Banha power station

Station operates through combined cycle system, allowing production of one-third of energy…

Shaimaa Al-Aees

Finance ministry reconsiders tax increase on beans and falafel

Beans consumption amounted to EGP 1.8bn during Ramadan alone, there are over…

Shaimaa Al-Aees

$50m to open first gypsum board factory in Suez 

The plant production capacity is 15m sqm of gypsum, 90,000 tonnes of…

Shaimaa Al-Aees

CBE, EFSA cooperate for financial education programme

The proportion of Egyptians dealing with banks is 10%, says EBI executive…

Shaimaa Al-Aees

Egypt seeks coal production increase despite solar power potential

Egypt’s coal consumption reaches 0.5m tonnes in 2013/2014, world consumption amounts to…

Shaimaa Al-Aees

Tomato prices are not crazy, no increase in Ramadan

No one can control or monopolise the prices of vegetables because they…

Shaimaa Al-Aees

Procedures for 1st mortgage union to be finalised before Ramadan: EFSA Head

CBE allocates EGP 10bn to revive mortgage initiative, expected to be spent…

Shaimaa Al-Aees