$520m increase in Egypt’s foreign exchange reserves in June: CBE

Reserves were supported by government-issued dollar bonds in the international markets during June

Daily News Egypt

E-Finance collects EGP 130bn in taxes for Finance Ministry: CEO

80% of value was through activating Egyptian Customs Authority’s tax collection system, says Ibrahim Sarhan

Metropolitan Consulting forms strategic partnership with Al-Bluwi Saudi group

Coordination to work in the fields of financial and credit consultancy and developing small and medium enterprises

Hossam Mounir

French student arrested, deported from Egypt for researching 6 April

“They knew who I was and what I was doing long before the arrest,” says student

Emir Nader

EGPC, Rosneft sign agreement for oil products, LNG shipments

Minister of Petroleum Sherif Ismail said that signing the two agreements is a mutual cooperation between public companies in Egypt and Russia.

Mohamed Adel

Qalaa Holding receives no subscriptions in capital increase attempt

Investment firm targets to raise capital by EGP 1.7bn

Doaa Farid

Ministry of Communications’ intervention to resolve TE crisis is legal: Negm

By Mohamed Alaa El-Din Minister of Communications Khaled Negm said his ministry's intervention to resolve Telecom Egypt's (TE) recent crisis is not against the law. He added, in a statement to…

Daily News Egypt

Agriculture Ministry suspends cotton imports starting July

The step was taken targeting the protection of locally produced cotton.

Daily News Egypt

Egypt’s debts to Paris Club decrease 18%

Egypt repaid $670m to Paris Club in July, another payment of same amount is expected to follow in January

Menna Samir

Dim international and domestic news pushes EGX down

EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in next 30 days, an official said

Sara Aggour