Egypt stock market to keep rally alive as foreign investors likely to build new positions

EGX30 gains 0.7% in week to close at 13,367 points; target resistance at 13,775pts

Shaimaa Raafat

NBE launches first phase of electronic service branch project

First phase of project includes 4 branches in Nasr City, Fifth settlement, Sixth of October City, Alexandria

Daily News Egypt

United Bank’s mortgage portfolio scored EGP 235m: Chairperson

Bank funded housing units purchase for 1,850 clients, says El-Kady

Hossam Mounir

Banque du Caire launches electronic loan repayment service, credit card payments in cooperation with Fawry

Service reduces time, effort exerted by customers, supports premium banking services: Banque du Caire CEO

Daily News Egypt

NBE, BM issue first national payment card

Card targets over 20 million Egyptian citizens who do not deal with banking sector: NBE Chairperson

Hossam Mounir

Government suggests raising monopoly fine to EGP 500m in Protection of Competition Law amendment

President entitled to appoint authority's board of directors but cannot dismiss them

Abdel Razek Al-Shuwekhi

GPC aims to increase daily production to 79,000 BOE in H2 of FY 2018/19

Company recorded highest production rate of 63,600 BOE in H1 of FY 2018/19

Fatma Elkholosy

‘Synergy’ chosen as adviser of West Nile solar power plant construction with 200MW capacity

Company already started construction work, installation of cells

Mohamed Farag

AAIB signs revolving credit agreement worth $50m with EBRD

Bank seeks to push cooperation with EBRD to benefit from its experience in serving sectors, economic activities targeted in Egypt: CEO of AAIB

Daily News Egypt

Korean Air resumes flights to Cairo after 7-year absence

Before 2011 Revolution, 70,000 annual Korean visitors to Egypt: Korean ambassador

Hagar Omran