Electricity Ministry cancels Al-Nowais’s Oyoun Mousa power plant agreement
Both sides in negotiation to launch renewable energy projects with 500MW capacity
Third phase of ending violence against children kicks off, focusing on teenagers
Campaign to find an end to the culturally acceptable behaviour of mistreating children, and using various kinds of violence against adolescences
Meeza card’s transactions reach EGP 2.2bn until September: CBE
This came during the event organised on Monday by the British Egyptian Business Association (BEBA), entitled “Digital assets and artificial intelligence”. The Egyptian now use Meeza cards to receive pensions,…
CIAF Leasing ready to issue Sukuk to finance Embraer aircraft purchase
The company arranged with the Financial Regulatory Authority to navigate the process, ADIB Securities for financial consultancy, and Al Tamimi & Company as its legal advisor. The issuance is expected…
Egypt’s tourism sector to grow 30% by year-end: Minister
The year 2018 was very good for the Egyptian tourism sector, the minister added during an interview with Bloomberg.
Banks apply limited interest cuts after CBE slashes basic rates
Most cuts were limited to variable return certificates
Sovereignty Fund’s board to approve ownership transferring of public land areas soon: Planning Minister
Government aims at connecting 100 entities' databases by June 2020, says El-Said
Moody’s sees Egypt’s rate cut, easing inflation as credit positive for banks
Credit rating agency expects Egypt's GDP to grow 5.6% in 2019, additional rate cuts next year
Recent interest rate cuts save EGP 20-25bn in state budget: Finance Ministry
Interest cuts will not affect attractiveness of government debt instruments, says Kouchouk
Al-Sisi asserts he methodically follows up state measures to support low-income people
The president asserted that he understands the difficult position of the people affected by recent benefit cuts in ration cards.