Al-Shobokshi, Al-Sharbatli inject new investments worth $2.15bn in Egypt
Minister of Investment and International Cooperation Sahar Nasr announced that she agreed with Saudi businesspeople Fahd Al-Shobokshi and Abdul Rahman Al-Sharbatli to inject new investments in Egypt worth $2.15bn. During the…
Telecom Egypt begins final preparations to provide mobile services
An official at Telecom Egypt stated in special remarks to Daily News Egypt that the company's mobile lines arrived yesterday to the stores of the company in preparation for public…
Pope Tawadros II inaugurates Egypt’s first Coptic church in Japan
The visit is the first of its kind of an Egyptian patriarch to Japan
Al-Azhar condemns Kabul Shiite mosque attack
The Islamic State (IS) has claimed responsibility for the attack
Roman Empire traces discovered in Dakhla
The ministry announced that the excavation work will keep looking for further hidden gems of the era
NBE opens first two branches of Al Ahli Exchange Company
The company was established with a capital of EGP 200m and a paid up capital of EGP 50m. The bank plans to increase the number of branches to 50 branches…
AAIB raises value of financing package granted to SODIC Group to EGP 1.4bn
The bank's total loans to SODIC Group increased to EGP 4bn over the past three years
ABE is considering signing contract with SMEDA for EGP 250m to finance small projects
ABE funds establishing of the first model village for animal and agricultural production in the New Valley
Can CBE reduce inflation to 10%-16% by the end of 2018?
The key objective of monetary policy in the next phase is to stabilise inflation with the aim to achieve prices stability on longer-term
Factors to watch in Egypt’s stock market in the week ahead
When Egypt’s stock market starts trading on Sunday 27 August, most investors should be watching the following factors in the week ahead, with some companies holding their ordinary general meeting to…
