Latest Business News
Banks’ credit facilities see EGP 218.6bn rise in 11 months
Private sector accounts for 60.8% of total facilities, with industry in the…
Zohr’s 13th well to be linked in October, production exceeds 3bn scf/day end-2019: Petro Shorouk
Investment in Zohr accounted to $10.6bn so far, says Hassan
AFD’s current portfolio with Egypt includes 17 projects
CCFE’s president met Minister of Youth and Sports to boost cooperation
Foreign currency deposits account for 21.73% of total bank deposits end-May
Deposit growth fell to 11.34% in May from 11.46% in April
Egypt repaid $25bn of debt in two years: CBE
The CBE said in a recent report that these debts include $21bn…
Museum of Egypt’s historical capitals to be established in NAC
The Supreme Council of Antiquities signed an agreement with El Massa for…
Gold surges to $1,550/oz in 1H2019 over US-China trade war
Gold rose by EGP 115 in Egypt since the beginning of 2019,…
Al-Sisi calls for increasing Japan-Africa scientific, development cooperation
President meets Prime Minister Abe, invites Japanese companies to invest in Egypt
Egypt Aluminum aims to increase annual production capacity to 400k tonnes
Prospectus for replacement, development tender to be launched soon, says Investor Relations…
Orascom Construction reports 26.8% increase in EBITDA to $142.4m in 1H 2019
BESIX reports a standalone backlog of €4.8bn billion and new awards of…