Egypt banks finance foreign trade operations worth $7.9 billion since flotation
The volume of foreign trade operations financed by banks since the flotation of the Egyptian pound on 3 November until ...
Country: Egypt
Egypt receives second instalment of $1 billion from World Bank
The World Bank agreed to provide Egypt with the second tranche worth $1bn of its $3bn total loan aimed at ...
Spinneys opens second store in New Cairo
Spinneys opened its second store in Cairo, celebrating more than 10 years as Egypt’s foremost supplier of grocery and household ...
IFC in $20 million equity deal to support construction sector in Egypt
The IFC announced a $20 million equity investment in Hassan Allam Holding, one of Egypt’s largest private construction companies, last ...
Egypt’s property developer Madaar plans a $87.5 million project in west Cairo
Egypt’s property developer Madaar is launching a new project in Sheikh Zayed City, at the outskirts of Cairo, the company’s ...
Egypt approves draft decision to establish SMEs development authority
The Egyptian cabinet approved a draft resolution submitted by Minister of Trade and Industry Tarek Kabil for the establishment of ...
Egypt boosting its electricity capacity through renewables
In a bid to boost Egypt’s power generation capacity, government officials are looking to increase production from solar and other ...
Egypt signs three cooperation agreements with Kuwait
International Cooperation Minister Sahar Nasr signed three agreements of cooperation with Abdel Wahab Badr, general director of the Kuwait Fund ...
Egypt sharply increases customs duties as it seeks to curb imports
Egypt has sharply raised customs duties on more than 300 goods to encourage domestic production and curb a ballooning trade ...
Private construction companies in Egypt implement projects worth EGP 39.8bn ($2.2 billion) in 2015: CAPMAS
Construction companies in the private sector have implemented projects worth EGP 39.8bn in 2015, an increase of 27.1% compared to ...
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