Five banks operating in the local market have signed on Tuesday two contracts of 37.4 billion Egyptian …
local market
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Banks
CBE takes measures to protect Egypt’s banks against ransomware
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt (CBE) issued instructions to banks operating in the local market to take …
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Noor ADSL for Telecommunications targets pumping investments estimated at 50 million Egyptian pounds (US$6.3 million) in local …
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Al Amal Company for plastic Pipes and Fittings (Al Sharif) targets boosting sales volume in local market …
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Industry & Trade
Faragalla Group’s Investments in Local Market worth $1.3bln
by Noha Gadby Noha GadThe total investments of Faragalla Food Industries Group in local market worth EGP 10 billion (US$ 1.3 …
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China-based Oppo Electronics intends to invest 100 million Egyptian pounds (US$13 million) in Egypt’s smartphone market. Oppo’s …
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Industry & Trade
Business Women Association tackles Opening Market for Egyptian Food Products in US
by Noha Gadby Noha GadA delegation from the Businesswomen Egypt 21 (BWE21) Association has a carried out a visit to the US, …
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A senior government official revealed last week that gas supplies, cut since August for political reasons, would …
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Financial Institutions
Egypt to Borrow EGP79.5bln from Local Market before Sept-End: Ministry
by Salma Aymanby Salma AymanEgyptian Finance Ministry said the government is aiming to borrow EGP79.5 billion from the local market before …
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Financial Institutions
CBE Requests EGP35 bln from Banks at 45th Deposit Operation Bid
by Salma Aymanby Salma AymanEgypt’s Central Bank (CBE) requested today 35 billion Egyptian pounds of domestic surplus liquidity from local banks …