Egypt’s economic reform plans ‘succeeding’
The United States appreciates Egyptian efforts to reform structural economic imbalances, US Secretary of State John Kerry said in recent ...
Country: Egypt
Egypt will spend $4 billion to build a new Suez Canal
Egypt plans to add an extra lane to the Suez canal, one of the world's most important thoroughfares for trade, ...
Egypt to raise sugar production
Egypt's government plans to raise its sugar production to two million tons from 1.1 million tons to meet the required ...
New confidence in Egypt’s real estate with increased stability
The improved political and economic stability in Egypt has created new confidence in the real estate market, said Aymen Samy, ...
Car sales in Egypt register 56% year-on-year increase
Egypt’s total car market volume in June increased to approximately 25,000 car units sold, compared to 16,000 in June 2013, ...
Banque Du Caire Registers $90 million Profits
An official source in Banque Du Caire said his bank achieved around EGP700million ($90 million) profits during the first half ...
New roads worth $5.03 billion to be completed in Egypt
Egypt’s Minister of Transportation said that the ministry has been working on 15 new road projects across Egypt – 1,200km ...
Egypt buys 175,000 tons of Russian wheat
Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said it had bought 175,000 tons of Russian wheat ...
Egypt's biggest private bank reports 31% growth in net profits
Egypt's leading private bank, Commercial International Bank (CIB), has reported a 31 percent rise in net profits in the first ...
Egyptian banks show ‘impressive growth’
Egyptian banks have registered “impressive growth” in the Banker’s Top 1000 World Banks report during the fiscal year (FY) 2013/2014, ...
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