IFC ready to invest in Egypt’s hotel development fund
The International Finance Corporation (IFC) expressed its readiness to inject new investment into Egypt's planned hotel development fund, the COO of the IFC, Stephanie von Friedeburg, said. Egypt's ministry of…
Government purchases electricity from private sector for EGP 400m
The government has purchased electricity from the private sector for EGP 400m until March 2019. Sources at the ministry of electricity told Daily News that the Egyptian Electricity Transmission Company…
Swiss companies, embassy to promote cooperation in vocational education with Egypt
Egyptian government declared 2019 as year of education, we will leave our foot print on that, says Swiss ambassador
CI Capital launches ‘Mahfazty’ platform to provide a variety of services, secure trading
CI Capital’s securities brokerage and trading arm, the Commercial International Brokerage Co (CIBC), has launched its new trading platform ‘Mahfazty’ which offers its clients a wide range of brokerage services,…
Reform achievements are impressive, ensuring sustainability is essential: Beltone
Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per USD in FY 2019/20
Egypt aims to increase fuel prices by about 25% in June
Country imports around 35% of domestic consumption of petroleum, says industry source
Capital Markets 2019 to discuss future fixed-income instruments
This year summit titled, ‘Funding instruments, opportunities to accelerate growth, stimulate capital markets’
Egypt’s PMI rose to highest level since August 2018
State's non-oil private sector activity recorded 49.9 in March
Two police officers killed in shooting attack on security patrol in El Nozha
Two other police personnel were wounded when militant opened fire against patrol
Al-Sisi to meet Trump in Washington on economic integration, regional conflicts
President begins official tour on Sunday, also includes Guinea, Côte d’Ivoire, Senegal