Egypt shares to move sideways awaiting fresh stimulus ahead of Q1 results
Benchmark EGX30 index has resistance at 13,580 and 13,622 points
Egypt’s inflation to increase due to change in relative prices: ECES
Experts argue that tackling inflation by increasing interest rate was mistake
Egypt’s trade exchange with India likely to hike by over 128% to reach $8bn
Both countries are good models for promising economies, says Indian ambassador
Egypt’s trade exchange with India likely to hike by over 128% to reach $8bn
Both countries are good models for promising economies, says Indian ambassador
Bank Audi plans to open nine new branches in Egypt
Bank Audi plans to expand its footprint in Egypt in 2019. As part of Audi’s nationwide branch expansion plan, nine new branches will be inaugurated in strategic locations mostly outside…
MSMEDA injects EGP 2.5bn funding for development projects in Beni Suef
Total of 203,000 small, micro projects with EGP 2.2bn funding, providing 291,000 jobs
IDA to offer 15m sqm industrial land plots for investors in 2019
The Industrial Development Authority (IDA) plans to offer industrial land plots of 15m sqm for investors within a wider plan to offer 60m sqm land plots from 2016 to 2020.…
EETC agrees with Egemac, TBEA alliances to supply EGP 656m worth equipment
The Egyptian Electricity Transmission Company (EETC) has signed seven contracts with the Egyptian German Electrical Manufacturing Company (Egemac) and TBEA alliances to supply electric transformers and equipment worth EGP 656m.…
CBE extends its initiative to support defaulters at ABE until June
Troubled debts up to EGP 4bn to be settled over nine months, including EGP 929m for 11,404 clients in CBE, says El Kosayer
UN, Egypt discuss activation of $1.2bn funding deal till 2022
Egypt plays an international, regional strategic role, says UN deputy secretary general