Dana Gas, the United Arab Emirates energy firm, expects to recover the vast majority of overdue payments …
Tag:
Egyptian government
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Banks
Egypt Eyes Borrowing from Morgan Stanley, JP Morgan to Repay Oil Debts
by Yomna Yasserby Yomna YasserEgypt is in talks with Morgan Stanley and J.P. Morgan alongside other Arab and local banks, aiming …
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Industry & Trade
Egypt Buys 100.000 Tonnes of Turkish Steel This Month
by Yomna Yasserby Yomna YasserDuring this month, Egypt imports around 100.000 tonnes of Turkish steel. Egypt’s government has bought around 100.000 …
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Financial Institutions
Sisi’s Government to Borrow EGP6 billion Tomorrow
by Yomna Yasserby Yomna YasserEgyptian Ministry of Finance will launch Sunday new short term Treasury bills (T-bills) worth 6 billion Egyptian …
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Industry & Trade
Egypt Government Mulls Securing EGP18bn for Metro Line 3’s Phase IV
by Yomna Yasserby Yomna YasserEgypt’s government is studying to contribute EGP 18 billion to implement the fourth phase of Cairo Metro …
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Industry & Trade
Egypt to Pay off All Arrears to Foreign Oil Firms by 2017
by Yomna Yasserby Yomna YasserThe Egyptian government has reached an agreement with foreign oil firms to pay off all of its …
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The United States strongly condemns Saturday’s terrorist attack in Egypt’s western desert near al-Farafra, which killed more …
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Banks
In AlexBank, 20 Key Employees’ Monthly Salaries Hit EGP2.5 million
by Yomna Yasserby Yomna YasserDespite a 3.9% fall in first quarter net profits and being a 20% owned by Egyptian government, …
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Industry & Trade
Egypt to Get US$1.4bln Petroleum Aids from Gulf Countries
by Salma Aymanby Salma AymanEgypt is schedule to obtain US$1.4 billion petroleum aids from the Gulf countries within the current month …
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The Egyptian government has taken new measures to regulate zakat, ensure funds donated to help the poor …