Foreign investments in Egypt’s T-Bills rise to EGP 254.30bn December 2019

Increase of total outstanding balances of T-Bills to EGP 1.512trn 2019-end

Hossam Mounir

Delegation from Swedish embassy explores investment opportunities in SCZone

Mohamed Shaaban, vice chairperson of SC Zone received the delegation that included representatives from the Swedish Trade and Investment Council, a statement issued by the SCZone said, noting that both…

Daily News Egypt

Banks’ credit facilities reach EGP 1.84trn November 2019

Private business sector accounted for 59.2% of the total facilities, and the industrial sector is at the forefront of the sectors that benefit from it: CBE

Hossam Mounir

Bank deposits up EGP 16.792bn November 2019

Household sector accounts for 81.6% of total deposits, 84.4% of deposits in local currency

Hossam Mounir

Cabinet defines 10 tasks for planning and economic development ministry

Ministry achieves great progress in administrative reform file, says El-Said

Daily News Egypt

Careem launches bus service across governorates

Cream Bus service comes at competitive fees of EGP 100 for Cairo-Alexandria line, EGP 80 for Cairo-Mansoura line, and EGP 75 for Cairo-Tanta line.

Daily News Egypt

Egypt major market for passenger cars: Matthias Lührs

Lührs highlighted that since 2016, Mercedes-Benz has been the number one luxury car brand and was able to confirm this position once again last year.

Daily News Egypt

Russian travelers to enjoy separate check-in portals in Egypt’s airports

The Russian agency quoted an Egyptian source on the condition of anonymity that separate portals were presented to Russian experts who examined security measures at Egyptian airports, noting that these…

Taha Sakr

Egypt’s court bans face veil for teaching staff at Cairo University

The court rejected on Sunday all appeals against an administrative court’s judgment to uphold the decision of the President of Cairo University, in April 2015 banning face veils for the…

Bassant Mohammed

Egypt parliament includes hostile news portals into terrorist entities law

On Monday’s session, parliament discussed the  new amendments in order to broaden the scope of terrorist entities to include Muslim Brotherhood-linked television channels, radio stations, and social media accounts, which…

Bassant Mohammed