Officially…Establishment of first Egyptian company to import cars with low profit margin of 6%
The Nile Car Gate Company for car importation was established on Monday 18 February 2019 with a profit margin of 6%. The company will play the role of a broker.…
Tatweer Misr inks agreement with Orange Egypt to provide triple play services in Fouka Bay
Services expected to be launched by June 2019
COMESA, EU sign €10m facility to support private sector
The business community in COMESA is set to benefit from €10m kitty provided by the European Union (EU) to support increased private sector participation in regional and global value chains.…
Egypt’s outstanding dollar, euro bonds increase to $23.2bn, €2bn respectively
Maturities of dollar bonds range between 5-30 years, euro bonds between 8-12 years
9 defendants executed on charges of assassinating ex-prosecutor general
In June 2015, Barakat was killed by car bomb in front of his house in Cairo
SCB supports SMEs through Nile preneur initiative
Bank to deliver 5 training sessions to entrepreneurs, assist in establishment of 25 start-ups
Digital marketplace noon to expand into Egypt
The Middle East’s homegrown digital marketplace, noon, has announced its imminent expansion into Egypt.
India’s Narendra Modi hosts Saudi crown prince
Crisis between India, Pakistan will be focus of talks between bin Salman, Indian leaders in New Delhi
Israel arrests 40 Palestinians following closing Al-Rahma gate of Al-Aqsa Mosque
Abbas announces PA refusal to receive tax, customs funds collected on its behalf by Israel
Merkel to take part in EU-Arab League summit in Sharm El-Sheikh on 24 February
Summit will be first official meeting of leaders of EU, Arab League to boost their relations