Egypt’s Obour land seeks to invest 200 million pounds in the country
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Banks
World Bank’s Kim says bank capital boost doesn’t specify China lending cut
by Yomna Yasserby Yomna YasserWorld Bank’s President Jim Yong Kim said Thursday that a plan to boost the multilateral lender’s capital …
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The Egyptian Exchange (EGX) made new leaps during the first quarter of 2018. EGX30 gained 16.19% or …
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Real Estate
Egypt’s Orascom Development to launch Makadi Heights next April
by Yomna Yasserby Yomna YasserOrascom Development Egypt will launch the Makadi Heights project located on Makadi Bay in the Red Sea …
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EGX
Egyptian stocks expect 2018’s worst fall following Dow Jones plunge
by Yomna Yasserby Yomna YasserEgypt’s stocks closed in red on Tuesday following a sharp fall in the Dow Jones and the …
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MENA News
Jordan’s king tells Pence U.S. must rebuild trust after Jerusalem decision
by aya salahby aya salahJordan’s King Abdullah told U.S. Vice President Mike Pence on Sunday he looked to Washington to rebuild …
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Industry & Trade
Indian firm to develop Egyptian cotton ginning with $2.3 mln
by Yomna Yasserby Yomna YasserThe Cotton and Textile Industries Holding Company signed a $2.3 million contract with Indian company Bajaj Clothing …
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Egypt News
UN vote on Trump’s Jerusalem decision positive sign for Palestinians, Egypt says
by Yomna Yasserby Yomna YasserThe Egyptian presidency said that the recent overwhelming vote in the UN General Assembly against the decision …
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MENA News
Arab states believe U.S. aid secure despite defying Trump Jerusalem move
by Yomna Yasserby Yomna YasserLeading Arab allies threatened with cuts in aid by Donald Trump said on Friday they had no …
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Egypt News
Egypt’s grand mufti, Al-Azhar hail UNGA rejection of Trump’s Jerusalem move
by Yomna Yasserby Yomna YasserEgypt’s Grand Mufti Shawki Allam hailed on Friday a historic United Nations General Assembly (UNGA) resolution on …