The deputy director of the U.S. Consumer Financial Protection Bureau filed a lawsuit seeking to halt President …
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financial
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Banks
Egypt’s Pharos Holding eyes 7.5bn pounds agreements in 18 months
by Yomna Yasserby Yomna YasserEgypt’s Pharos Holding investment bank is targeting deals worth 7.5 billion Egyptian pounds ($427.84 million) in 18 …
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Blogging
Egypt’s economy: outlook and challenges in the eyes of global financial institutions
by Noha Gadby Noha GadAfter several years marked by turbulence and uncertainty, Egypt’s economy encountered numerous challenges, from political unrest and …
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Industry & Trade
Foreign investments in Egypt hit $6.8b in FY2015-16: Ministry
by Noha Gadby Noha GadThe net volume of foreign investments in Egypt rose by 7.2 percent in financial year 2015-16 to …
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Tech news
E-services will take Egypt a step forward towards financial inclusion: Fawry CEO
by Ghada Ismailby Ghada IsmailThe adaptation of digital services is a key strategy to realise the Egyptian government’s plan to achieve …
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Industry & Trade
Qarun Petroleum: $257m-investments to drill 12 wells during Egypt’s FY2016/17
by Noha Gadby Noha GadEgypt-based Qarun Petroleum Company approved Thursday new investments of US$257 million among its budget for financial year …
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Industry & Trade
Nile Consumer Complexes eyes sales of $63m in Egypt’s FY2016/17
by Noha Gadby Noha GadEgypt-based Nile Consumer Complexes Company targets attaining sales volume of 1.1 billion Egyptian pounds (U$63 million) during …
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Tech news
Telecom Egypt’s Q3 profits surpass investment banks’ expectations by 11.9%
by Ghada Ismailby Ghada IsmailFinancial results of Telecom Egypt (TE) during the third quarter (Q3) of 2016 have surpassed average expectations …
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Industry & Trade
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
by Noha Gadby Noha GadThe total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 …
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The Egyptian postal authority, Egypt Post has achieved a financial surplus worth 1.41 billion Egyptian pounds ($190.9 …
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