Egypt is not on international real estate export map: Albert
Colliers expects prices to rise 10% in 2018-2019, says Colliers International Middle East director
Coffee, one of Egypt’s oldest consumed beverages, strives to cope with inflation
Coffee consumption has a long history in Egypt. It started with the brotherhood of Sufi Islamic mystics, who used it during prayers before it was culturally accepted. At first, religious…
Mastercard announces roadmap for consistent contactless payments
Middle East, Africa recorded a 27-fold increase in contactless transactions in 2017
5 banks to finance AMOC’s refinery project with $500m
List includes IFC, EBRD, NBE
Poland to close its trade promotion office in Egypt
The Polish government decided to liquidate its trade and investment promotion section at its embassy in Cairo starting from 1 February 2018, said head of the office Tomasz Przygoda. “30…
EPROM receives two offers to operate, maintain projects in Iraq, Kuwait
Egyptian Projects Operation and Maintenance (EPROM) received two offers to operate natural gas production and processing at Ciba field in Iraq, as well as the operation and maintenance of industrial…
SMEDA financed SMEs with EGP 16.7bn during Al-Sisi’s first term
Projects funded since president assumed office account for 50% of total funding since 1992, Gamea says
Kabil participates in 10th UFM trade ministers meeting
Minister of Trade and Industry Tarek Kabil announced in a press statement on Sunday that he will participate, after an eight-year Egyptian hiatus, in the 10th meeting of trade ministers…
Moody’s ranks Egypt’s 1st movable collateral registry as credit positive for banks
Moody’s Investors Service announced on Sunday that Egypt’s first movable collateral registry, which was launched by the Financial Regulatory Authority last Sunday, is credit positive for Egyptian banks. The newly…
Prepaid electricity proceeds reached EGP 367m in February
Plan in place to replace mechanical metres to overcome accumulation of debts, sources say