20% of Egyptian SMEs prefer Sharia-compliant products: IMF
IMF recommends Islamic banks attract large numbers of Muslim population worldwide currently without bank accounts
African bond index launched by AfDB and Bloomberg
Bank announced last year it will expand its financial support to Egypt
Mehleb calls for new Port Safaga completion timetable in June: Cabinet
Total area of port after development reaches 825,000 sqm with total circulation of 8.5m tonnes, marine energy accommodating 1.3 million passengers annually
Egyptians spend $10.18m at Dubai Shopping Festival via Visa cards
Visa card holders in Saudi Arabia came in first place in terms of spending, spending $35.18m during the first half of the festival compared to around $27.29m during the same…
Ministry of Supply studies listing FIHC in stock market
Ministry of Petroleum is also studying possibility of capital market listing
Qalaa Holding investigates raising capital to EGP 1.8bn: Sources
Qalaa Holding Company aims to increase capital to EGP1.8bn, in return for share swapping of partners stocks in subsidiaries and sister companies
Kaki demands Egyptian government refund EGP 1bn
Kaki Group would not terminate its Egypt investments despite smear campaigns led by former employees of the company, says Kaki Group owner
Election race heat up, as registration doors shut
Candidates started applying to the SEC on 8 February, with the door for candidacy set to be closed on 17 February, but which was then extended by two days for…
EGP 93m disbursed for Sinai’s ‘second phase’ families
Amount given to families who resided in 313 houses recently demolished
Media gag imposed on Ansar Beit Al-Maqdis trial
Group pledged allegiance to “Islamic State”, changed name to “State of Sinai”