Omani sovereign wealth fund explores investment opportunities in Egypt
A mission from Oman’s State General Reserve Fund (SGRF) will visit Egypt soon to explore investment opportunities, according to a Tuesday’s statement by the Ministry of Investment and International Cooperation.…
EFG Hermes reports EGP 1bn profits, EGP 4.3bn revenues in FY 2018
Firm’s board of directors proposed cash dividend of EGP 0.65/share, equivalent to 50% of attributable profits
Boeing to release new software update, training to face concerns found in 737 MAX accident
Company is supporting Ethiopian plane crash investigations, providing technical expertise, says Boeing’s Chairperson
Tatweer Misr signs MoU with NJIT, OCC to start first American IBC in Bloomfields at Mostakbal City
Tatweer Misr, an Egyptian real estate developer, signed a memorandum of understanding (MoU) with the New Jersey Institute of Technology (NJIT) and the Ocean County College (OCC) in order to…
Egypt targets budget deficit of 7.2%, GDP growth of 6.1% in FY 2020: Finance Minister
The Egyptian government targets a budget deficit of 7.2% and a GDP growth of 6.1% in fiscal year (FY) 2019/20, the Minister of Finance, Mohamed Moeit, said on Tuesday during…
Inaugurating 30 June Axis within one month: Minister of Housing
The Minister of Housing and Urban Communities, Assem El-Gazzar, announced that the 30 June Axis, which is one of the state's road network projects, will be inaugurated within a month,…
Three projects drive City Edge’s sales in 2019
We aim to achieve EGP 10bn in sales, says company’s CEO
WB, Mortgage Finance Fund discuss details of new deal
Fund’s loans portfolio to increase to EGP 32bn at end of 2019, says May Abdel Hamid
Egypt’s public investments reach EGP 1.5tn in last four years: Planning Minister
Africa’s needs are estimated at $170bn annually to implement infrastructural projects
Tawfik announces initial partnership deal between Nissan, El Nasr Automotive to produce 100,000 cars annually
Ministry owns 250 untapped land plots with area of 19m meters, to be sold to reinvest, pay debts, support public treasury