Tag: Business

Egypt close to agreement with IMF

An agreement on the proposed $4.8 billion loan to Egypt could be…

Mohamed Salah

Kuwaiti funds to invest in Egypt

Kuwait Finance House and its subsidiary, Liquidity House, have declared their readiness…

Hend El-Behary

CBE prepared to take necessary steps to protect pound

Central Bank of Egypt officials say they are committed to keeping Egypt’s…

Daily News Egypt

Investment in Egypt: A lot is being done, a lot is yet to be done

Most of the speakers tried to convey a reassuring message, however some…

Mohamed Salah

Shipping lines vow to reroute their ships away from Al-Sokhna

Three shipping lines of the Ain El-Sokhna port have warned the Dubai…

Hend El-Behary

Foreign reserves’ movement defies all expectations

By Mohamed Salah Against all expectations, the Central Bank of Egypt announced…

Daily News Egypt

Chinese steel sparks anxiety among domestic producers

A wave of alert follows the announcement that a Chinese steel freight…

Hend El-Behary

Controversial Indian petrochemicals producer to Inject funds in Port Said

The coming period will witness an increase in the economic and investment…

Daily News Egypt

EGP 5 billion promised for Cairo Gate development

Real estate giants Emaar and Al-Futtaim join forces for lifestyle and entertainment…

Daily News Egypt

Turkish loan signals strengthening ties

President Mohamed Morsy signed a $1 billion loan agreement as the first…

Daily News Egypt