Egypt to settle 85% of export subsidy arrears early November: Maait
The decision was announced by Mohamed Khamis Shaaban, Secretary-General of the Egyptian Federation of Investors Associations (EFIA), following his meeting with Maait last Wednesday.
Egypt needs US Clean Network to attract more investments: Keith Krach
DFC to provide funding to countries wishing to convert their network to 5G technologies, says Krach
Tomb of ancient Royal Treasury Supervisor uncovered in Minya Governorate
The Ancient Egyptian tomb was found with stone statues inside, which are in a good state of preservation.
Hisham Ezz Al Arab releases resignation from CIB post
On his Facebook page, Ezz Al-Arab wrote, “In my 21 years of service to CIB, we have built an institution, growing its market capitalisation to more than $6bn, from $150m,…
Ezz Al-Arab’s resignation from CIB: what goes on behind the scenes?
The CIB Board of Directors has unanimously decided to appoint Sherif Sami as non-executive chairperson of the bank, subject to the Central Bank of Egypt’s (CBE) approval.
FRA allows resumption of CIB shares trading on EGX
The FRA had requested suspension of CIB shares trading before the start of the Thursday session.
CBE provides full support to CIB to preserve its financial position, deposits
A CBE statement read, “The CBE approved the decision of the CIB’s Board of Directors to appoint Sherif Sami, a board member and former chairperson of the Financial Regulatory Authority,…
EgyptAir becomes 1st African airline to add Airbus A320Neo simulator to training academy
The move comes as part of its emphasis on leadership, making it an international centre specialised in the various fields of training. It also reflects the airline’s keenness to keep…
Ethiopia, responding to Trump, says it rejects aggression over GERD
US President waded into GERD dispute between the three African nations saying that “Egypt is not going to be able to live that way, may blow-up dam.”
Egypt’s PM votes in 1st stage of House of Representative elections
Voting in the first phase of the House of Representatives elections will take place in Egypt over Saturday and Sunday in 14 governorates
