Year: 2017

EFG Hermes Leasing signs joint venture agreement to finance small businesses in Egypt

The agreement comes in line with the government’s focus on SMEs

Elsayed Solyman

Government approves Finance Leasing and Factoring Law, transferring it to State Council

The cabinet headed by Sherif Ismail, the Prime Minister, approved in its…

Nehal Samir

CBE has no intention of allowing cryptocurrency in Egypt: official

Bitcoin plans to launch in Egypt by late August, awaits needed legislation…

Reem Hosam El-din

Egypt’s economy will not get affected by US aid cut: AmCham

Egypt is the second largest recipient of military aid from the United…

Shaimaa Al-Aees

SMEDA signs 8 funding contracts worth EGP 10.75m in six governorates  

The targeted governorates include Ismailia, Minya, Beni Suef, El Wadi El Gadid,…

Hossam Mounir

Mamish, Nasr discuss investment opportunities in Suez Canal with Vietnamese prime minister

Mamish and Nasr agreed with Vietnamese ministers of investment and transportation to…

Nehal Samir

Detaining 16 suspects of organ trafficking for 15 days pending investigation 

The Egyptian law regulates donating organs in condition that the host is…

Daily News Egypt

UK Minister for Middle East in Cairo to discuss bilateral cooperation

The UK is Egypt’s number one economic, investment partner, strong supporter of…

Mohamed Samir

Egypt electricity consumption worth EGP 12bn last month

Billing throws subscribers after first month of price increases

Mohamed Farag

Egypt regrets US’s suspending of military, financial aid

Cutting aid comes as Jared Kushner arrives to Cairo to meet officials…

Adham Youssef