Government launches national payment card before end of 2018: e-finance head
e-finance completes all necessary tests for card before being put under supervision of CBE
African Leaders Hold Summit for a Conflict-free Africa
In celebration 100th anniversary of the births of former South African President Nelson Mandela and the human rights activist Albertina Sisulu, on 10 August the 2018 African Leaders of Peace…
Privatisation always been on state’s agenda, good step, with maintaining free-market balance: Al-Sisi
Subsidies will not be cancelled, to maintain social balance during difficult economic conditions
NREA pays EGP 180m of debt to NIB
The New and Renewable Energy Authority (NREA) paid EGP 180m of its EGP 3bn debt to the National Investment Bank. Mohamed El-Khayat, head of the NREA, told Daily News Egypt…
B Investments achieves net profits of EGP 112m in H1 2018, recording 21% y-o-y increase
Hazem Barakat, chairperson of B Investments, announced in a press statement on Wednesday that B Investments’ net profits grew by 21%, reaching EGP 112m in the first half (H1) of…
Sharm El-Sheikh, Hurghada occupancy grows over 30% in Q2 2018: Colliers
Supply rise by 9% in KSA, 3% in UAE, 2.1% in Egypt in same period
Mobile market loses 1.45% users, internet gains 800,000 new users
The number of mobile subscribers decreased during May by 1.45% month-over-month. According to a report from the Ministry of Communications and Information Technology, the number of mobile users fell from…
Egyptians spend about $16 on insurance: IFE
Insurance sector ranks fourth in Africa in terms of sector’s activity growth rates
EGP 5bn expected investment for Abu Zenima industrial zone in Sinai
Development of region aims to qualify manufacturing industries, says minister
