CBE extends tourism support initiative to December 2018

The Central Bank of Egypt (CBE) decided to extend its tourism support initiative to December 2018, an initiative that was originally launched in December 2015, according to a press statement…

Mohamed Samir

SCZone receives 8 requests to invest on 4 sqkm area

The General Authority for the Suez Canal Economic Zone (SCZone) has received eight requests from local and international companies to invest on an area of 4 sqkm. Mahfouz Taha, deputy…

Mohamed Farag

Islamic State claims Helwan attack as death toll rises to 10 

Funerals took place for Coptic victims in Virgin Mary Church in Helwan

Adham Youssef

TE approves 2018 budget, targets high single digit in revenue growth

The company aims to achieve 30% capital expenditure to sales ratio

Daily News Egypt

EGX raises transactions value minimum, sets closing price at EGP 30,000 as of Tuesday

Decision would have positive impact on trading volumes during upcoming period, says Aswaq managing director

Noha Abd ElRahman

Egypt shares seen moving sideways as CBE keeps interest rates on hold

EGX30 rises 2.35% in a week, hovers around all-time high

Elsayed Solyman

NBE, Agriculture Ministry cooperate to finance livestock projects

Bank injected EGP 1.2bn to fund 7,400 livestock, poultry, fishery development projects 

Hossam Mounir

Egyptian exports to Turkey increased by 44.2% during 10M 2017

Egyptian imports from Turkey declined by 18.7% from January to October 2017

Nehal Samir

HDB aims to open 20 new branches in 2018: El-Sebaey

Bank added 10 branches in 2017, targets 100 branches

Daily News Egypt

NBE renovates 229 branches: Aboul Fotouh

Bank reopens Montazah branch after development

Daily News Egypt