Egypt’s central bank is considering listing shares in two major banks on Cairo bourse, chief Tarek Amer …
Egyptian government
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Real Estate
Egyptian government aims to fill 60% of youth housing needs in 2018
by Yomna Yasserby Yomna YasserEgyptian government is planning to fill 60 percent of the youth and low-income citizens’ housing needs by …
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Egypt is to sign Thursday a $500 loan with the African Development Bank (AfDB) in the presence …
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Egypt News
Oil price drop spurs Egypt fuel subsidy phase-out once more
by Yomna Yasserby Yomna YasserThe continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to …
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Egypt News
Egypt to appeal $1.76 billion fine to Israel, freezes gas import talks
by Yomna Yasserby Yomna YasserEgypt is to appeal a ruling by the International Chamber of Commerce to compensate Israel Electric Corporation …
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Egypt News
British flights to Egypt’s Sharm El-Sheikh to resume in few weeks – Official
by Yomna Yasserby Yomna YasserBritish airlines will resume their flights to Egyptian resort, Sharm El-Sheikh in the coming few weeks, the …
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Industry & Trade
Kuwaiti Fund signs $98.7mn loan deal for Egypt-Saudi power grid project
by Yomna Yasserby Yomna YasserThe Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have signed Sunday a loan …
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Banks
Siemens signs financial closure agreement for Egyptian power projects
by Yomna Yasserby Yomna YasserEgyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom Construction, and …
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Financial Institutions
Egypt to re-loan $1.7bn to MSMEs and young entrepreneurs
by Yomna Yasserby Yomna YasserEgyptian government is to provide more than US$1.7 billion for micro, small, and medium-sized enterprises (MSMEs) through …
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Egyptian government is expecting to receive US$500 million from the Côte d’Ivoire-based African Development Bank (AFDB) before …