CBE grants ABE deposit of EGP 4bn for 10 years
The Egyptian Agricultural Bank's losses fell from EGP 1.084bn at the end of June 2016 to EGP 70m the next year
Factors to watch in Egypt’s stock market in week ahead
When Egypt’s stock market starts trading on Sunday, November 12, most investors should be watching certain factors in the week ahead, as some companies hold their ordinary general meetings (OGMs)…
Mubasher Trade maintains sell on CIB, sets target price at EGP 76 per share
The research firm believes that the net fees and commissions’ income should improve further in the coming period
Egypt shares almost flat in week as foreign investors book gains
EGX30 index ticks up 0.22%, or 30.8 points, to close at 14,350.14 poin
Bango, Victory Link cooperate to offer mobile payment service in Egypt
Bango, the company specialised in mobile payments, has announced that it will expand its operations in Africa by partnering with Victory Link in Egypt. As a result of this new…
AIC considers establishing security equipment factory with EGP 50m investments
Al Maalim International Company for General Supplying and Control Systems (AIC) has revealed that it is in negotiations with an international company, with the aim of establishing a factory of…
Egypt, Greece set up new mechanism to enhance economic cooperation
€894.5m volume of trade between both countries this year
IMF completes Egypt’s second review mission, agrees to disbursement of $2bn installment
Egypt’s GDP growth reached 4.2% in FY 2016/17, compared to 3.5% forecasted
Cairo celebrates joining UNESCO Creative Cities Network
UCCN currently has a total of 180 cities in 72 countries, in the fields of music, literature, film, design, media arts and gastronomy.
90% of Egypt’s internal trade is informal, said Ibrahim Ashmawy ITDA head
Earlier estimates of the Ministry of Planning and Administrative Development were that the informal economy contributes to about 40% of GDP. The state has taken some measures to improve…