business
EFSA to increase market capitalization to LE1.6 trillion: Chairman
Business
April 17, 2019
EFSA to increase market capitalization to LE1.6 trillion: Chairman
The Egyptian Financial Supervisory Authority (EFSA) strategy until 2022 aims to raise the number of listed companies to 275 and…
Egypt’s PM meets Kuwaiti companies, discusses increasing investments
Business
April 17, 2019
Egypt’s PM meets Kuwaiti companies, discusses increasing investments
Egypt’s Prime Minister Mostafa Madbouly met with the executive manager of the Kuwaiti group M.A. Kharafi & Sons and telecommunications…
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Business
April 16, 2019
Egypt to sell stake in Banque du Caire by end of year: CBE Governor
Central Bank of Egypt Governor Tarek Amer officially revealed plans to sell a stake in Banque du Caire, one of…
World Bank’s newest President looks forward to working with Sisi
Business
April 13, 2019
World Bank’s newest President looks forward to working with Sisi
The newest President of the World Bank Group, David Malpass, announced that he is looking forward to working with President…
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
Economy
April 10, 2019
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced an 0.9 percent increase in Egypt’s inflation rate in March…
India is building a city from scratch to attract foreign investors
Business
April 4, 2019
India is building a city from scratch to attract foreign investors
(CNN Business)–India is building a new city to give global investors an easy way into its booming economy. Gradually mushrooming…
Egypt signs $2 bln deal to buy Russian fighter jets – Kommersant
Business
March 19, 2019
Egypt signs $2 bln deal to buy Russian fighter jets – Kommersant
* Egypt has signed a deal with Russia to buy more than 20 Sukhoi SU-35 multi-role fighter jets, the Kommersant…
Egypt’s trade deficit rises by 14.1%: CAPMAS
Business
March 13, 2019
Egypt’s trade deficit rises by 14.1%: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported on Tuesday a 14.1 percent increase in Egypt’s trade deficit,…
Egypt government plans to double exports to US$55 billion
Business
March 9, 2019
Egypt government plans to double exports to US$55 billion
Egyptian Prime Minister Mostafa Madbouly announced on Friday that the government is determined to press ahead with implementing a new…
Forbes billionaire 2019 ranking comprises 6 Egyptians
Egypt
March 8, 2019
Forbes billionaire 2019 ranking comprises 6 Egyptians
American business magazine Forbes released its annual billionaire ranking featuring the richest Arab billionaires in 2019. Comprising six Egyptians among…