Egypt’s bank deposits rise 43% in May
The data of the Central Bank of Egypt (CBE) showed a rise in total bank deposits during May 2017, by 43% year-on-year.
Deposits amounted to...
US companies to increase investments in Egypt
Minister of Investment and International Cooperation Sahar Nasr met on Friday with representatives of General Electric, AbbVie pharmaceuticals, Johnson, Cargill, Merck & Co. pharmaceutical...
British trade delegation visits Egypt to explore new investment opportunities
UK Trade Envoy to Egypt Jeffrey Donaldson arrived in Cairo on Saturday, accompanied by representatives of various British companies, aiming to explore new investment...
Egypt to offer 10 more Armed Forces’ companies on stock exchange
Egypt is preparing to offer 10 more companies belonging to the Armed Forces on the stock exchange after it had offered shares...
President Abdel Fattah El Sisi’s visit to Kuwait and Bahrain assert determination to...
By Amira Elhamy and Yasmine Fouda
Last Sunday, following his visit, to UAE, President Abdel Fattah El Sisi started a four day visits to Kuwait...
Egypt and Tanzania set bilateral cooperation on track
In his African tour visiting Tanzania, Rwanda, Chad, and Gabon, Egyptian President Abdel Fattah El- Sisi arrived in Tanzania's capital on Monday for a...
Egypt to revolutionise its health care system from 2018
Residents of the northern of governorate of Port Said will be the first to enjoy the fruits of the new medical insurance law approved...
AFDB approves $55m loan for 3 solar PV projects in Egypt
The African Development Bank (AfDB) Group approved three major loans worth $55m in order to finance three solar PV projects. This comes under the...
EIB to loan Egypt’s Banque Misr $500m. to fund SMEs
The European Investment Bank (EIB) has agreed to loan Egypt’s Banque Misr a $500 million package to fund small and medium enterprises (SMEs), deputy...
El-Sisi reviews contract on Dabaa nuclear power plant with head of Rosatom
President Abdel-Fattah El-Sisi received on Sunday the new head of the Russian State Atomic Energy Corporation Rosatom, Alexei Likhachev, expressing Egypt's keenness to finalise...