Ezz Steel records EGP 4.2bn losses in 9M 2019 as demand decreases
Company saw increase in rebar production by 1% to 2.55m tonnes until end of September 2019
Positive outlook for EGX in 2020
Future profitability multiplier for the Egyptian market is set at 10.6x: Shuaa
10 main tasks before CBE’s new board
New board includes financial, legal, technological and economic expertise alongside the governor, deputies
NBE studies establishment of rowing club in Cairo
Bank to continue sponsoring the Egyptian Rowing Federation and other games in coordination with the Ministry of Youth and Sports, says Aboul Fotouh
NBE’s financial position records EGP 1.7trn in 2019
Bank’s deposits reached EGP 1.3trn, while loans were EGP 570bn, including EGP 90bn of retail loans and EGP 57bn for SMEs funding, says Aboul Fotouh
Energean and DEPA agreement paves the way for commercial operation of EastMed pipeline
LοI for the Sale & Purchase of 2 BCM per annum
Suez Canal’s revenues rise by 1.3%, recording $5.8bn in 2019
SCA decided to raise crossing-fees by 5% on bulk barriers and LPG tankers, starting April
Chinese embassy, IDSC to hold conference on Wednesday coinciding with Chinese FM visit
Visit to promote joint coordination on the Belt and Road Initiative, says ambassador
Madbouli chairs ministerial committee for tourism, antiquities
Committee aims to resolve all obstacles that impede tourism and antiquities activities
Minister of trade appointed as MSMEDA head for six months
Gamea confirmed that the agency will continue to implement its strategy to support youth projects, and provide all aspects of financial, technical, and marketing support for these projects. She noted…