Fixing 95 octane’s price supports chance for 1% interest cut during CBE’s meeting in May ‘19: Beltone

Decision confirms our vision to contain inflationary pressures in H1 of 2019

Hossam Mounir

NBE net profits reach EGP 10.1bn by end-June 2018

Bank has carried out settlements for troubled loans by EGP 6bn for 213 clients

Hossam Mounir

IFC invests $100m in Middle East Glass Manufacturing Company

The International Finance Corporation (IFC), a member of the World Bank Group, announced on Monday it is providing up to $100m in financing to the Middle East Glass Manufacturing Company…

Nehal Samir

Public Enterprise Sector Ministry seeks new partnerships with private tourism sector

Ministry of Public Enterprise Sector seeks new partnerships in some of its projects in the tourism and textile sectors, the Minister Hisham Tawfik said over his opening speech in Hapi…

Hossam Mounir

Merchandise export earnings increase by $2.2bn in H1 of FY 2018/19: CBE

Balance of petroleum trade achieves surplus for first time in 4 years, reaches $150.8m

Hossam Mounir

Egypt targets 7.2% deficit, 6% GDP growth, 6.163tn total GDP in FY 2019/20

New draft budget sets price of Brent crude at $70 per barrel, up from $67 per barrel in current FY

Mohamed Samir

Independent studies find likely source of methane on Mars

Methane was discovered in Martian atmosphere more than a decade ago

Mohammed El-Said

Population growth is key challenge of Egypt’s aimed effective economic growth: IMF

Egypt’s current economic growth is higher than regional average, says Baqir

Hagar Omran

Sawiris suggests establishment of SME-specialised bank

We consider acquisition of African banking group, says Egyptian tycoon

Hagar Omran

New Universal Health Coverage Law’s amendments to be presented to Parliament soon

Finance Minister calls on British businesspersons to contribute to health projects

Hagar Omran