Arab Investment Bank plans Economic Summit participation
The Arab Investment Bank (AIB) is planning to participate in funding the proposed projects presented at March’s Economic Summit, board director Hany Seif El-Nasr announced on Thursday. Seif El-Nasr expects…
FEB develops 17 informal areas
Development plan in cooperation between FEB, Cairo governorate, administration of military works of the armed forces, and Ministry of Local Development
EBRD, SFD support Egyptian women entrepreneurs
The European Bank for Reconstruction and Development (EBRD) and the Social Fund for Development (SFD) organised a “Supporting Women in Business” forum addressing the challenges facing Egypt’s women entrepreneurs. In…
NBE to grant credit for 640 housing units
CBE launched mortgage initiative last April worth EGP 10bn for real estate financing involving funding housing for low-middle income classes at concessional terms
Hitachi offers investments in Egypt
Hitachi expresses interest in participating in creating Silos, logistical areas for wheat, grain and food commodities storage in Egypt
Foreign tobacco companies in Egypt reject new cigarette price increases: Official
Tensions prevail in cigarette market, traders exploit the situation to raise prices, according to CTA head in Cairo, Giza
Tourism officials to request CBE governor exception from deposit limit: Ministry source
Egyptian Travel Agents Association and Egyptian chamber of hotels request exclusion from the deposit limit decision of $10,000 per day and $50,000 per month
CBE keeps ratings unchanged
Overnight deposit rate, overnight lending rate, main operations’ rate stand at 8.75%, 9.75% and 9.25%, respectively, bank said
Friday protests mark start of ‘revolutionary week’
Anti-coup alliance calls for week of anti-government protests
Al-Sisi promises pardon of Al Jazeera journalists
Egypt respects judiciary and I can’t interfere to pardon them until final verdict released, Al-Sisi said