Al-Sharif Group, NBE sign EGP 978.2m financing contract for Shepherd Hotel renovation
Renovation and upgrade of Cairo’s renowned hotel is expected to take 42…
Transport of Egypt’s petroleum products cost EGP 27.5bn in FY 2019/20
59.1m metric tonnes of petroleum products transported, at cost of EGP 164…
CBE amends provisions of tourism initiative guaranteed by Finance Ministry
New amendment stipulates that initiative would end after exhausting amount allocated or…
Egypt sees slight decrease in unemployment to 7.2% in Q4 2020: CAPMAS
Workforce increased to 29.965 million in Q4 of 2020 from 28.171m in…
saib Bank sees net profits grow 84% to $20.4m in 2020
Increase in profits was driven by high net income from return, net…
CBE reveals commodity prices’ movements in January 2021
Vegetable prices fell by 23.6% for second consecutive month
Egyptian petroleum product imports drop 32.3% in 2020: CAPMAS
Petroleum product imports amounted to $6.383bn during 2020
Central Bank of Egypt reveals market performance indicators in September 2020
Customer deposits break EGP 5trn mark for first time in local market
Housing and Development Bank records 96% growth in retail loans in 2020
Bank also reports 380% and 20% increase in auto loans and customer…
ABE makes notable contribution to sector revival, countryside development: Chairperson
Bank sees huge increase in loan portfolio to EGP 44.5bn in 2020,…