Ministry starting operations of 5 tanneries end of May
The Establishment and Facilitating of Industrial Zones Fund has allocated EGP 200m for the implementation of the second phase of Al Robeiki City, says Kabil
Investment minister discusses increasing IFC finances
Egypt used $700m of its $2bn cooperation portfolio at the IFC between 2015 and April
Ultraconservative Islamist party starts initiative to stop violence in Sinai
The initiative proposes ending both militant and security-led attacks
Military drills between US and Egyptian navies underway
Drills come days after the visit of US secretary of defense James Mattis to Egypt
IDA extends application period for Raswa complex until 4 May
The authority increased the period of application submission because there was a high demand on industrial facilities and some investors have not completed their papers yet
New EJB board of directors to be elected 2 May
11 members to be chosen from 21 candidates of EJB United Alliance and Connect Alliance
Government wants World Bank to accelerate approving loan’s 3rd tranche
Egypt also asked the World Bank to expand its financing for developing projects in Upper Egypt
HCWW negotiates to finance Lake Qaroun project with €300m
The Holding Company for Water & Wastewater (HCWW) is currently negotiating with the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to finance the wastewater…
Banks’ foreign trade operations worth $28bn between flotation and 10 April
Documentary credits opened for $9bn, repayment of other collection and credit documents for $19bn
Jumia working to establish logistics centres in governorates for same-day deliveries
Mobile sales in Egypt amounted to 16.8 million devices for $2.9bn in 2016
