CIB aims to increase its share of financing real estate companies to 37% in 2020: El-Ganainy

Real estate companies’ portfolio reaches about 15% of the total corporate credit portfolio in the bank and exceeds EGP 10bn to 800 clients: Abo Zikry

Hossam Mounir

PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt

The Loan is segregated into Tranches A and B, with maturity of five and four years respectively, complemented by a grace period of five months.

Shaimaa Al-Aees

South Sudan leaders agree to form unity government by mid-February 2020

Kiir who held a two-hour meeting with Machar at the State House said the current prevailing ceasefire will continue to hold, noting that the parties are committed to ending the…

Xinhua

Egypt supports women, youth, seeks stability in Palestinian territories, Lebanon, Syria: President Al-Sisi during WYF

“Now we are waiting for January, either to reach an agreement or enter a fourth party in the negotiations,” the president said on GERD

Sarah El-Sheikh

Amateur Football Alliance grants Egypt the rights to hold local amateur league

The Amateur Football Alliance is the first and largest entity organising 5, 6 and 7-a-side football competitions for amateurs and we received the rights to hold these competitions in Egypt,…

Shaimaa Al-Aees

French tourist arrivals in Egypt to reach 700,000 by year-end: ambassador

French tourist inflows witnessed a significant drop between 2011 and 2014 due to the political unrest in Egypt, recording its lowest level in 2014

Nehal Samir

Italy’s FM met with Haftar, Al-Serraj, rules out military solution

Turkey asserts it will improve its cooperation with Libya

Daily News Egypt

Italy to establish technological centres through assistance’ projects with Egypt soon

We are negotiating with MIIC over new developmental cooperation, says Italian ambassador

Daily News Egypt

Al-Sisi congratulates Boris Johnson for UK election victory, discusses Libyan crisis 

UK Prime Minister stressed his country’s interest in upgrading relations with Egypt 

Daily News Egypt

Egypt exports EGP 1bn worth electricity to Jordan, Libya in FY2018/19

EETC is negotiating new 2,570MW renewable energy projects, says Mashaly

Mohamed Farag