Crédit Agricole collected $1bn of hard cash since flotation

François Edouard Drion, chairperson and managing director of Crédit Agricole Egypt, said that the bank collected $1bn of hard cash since the flotation.

Hossam Mounir

Egypt’s tax receipts increase by 40% in 2017: head of Tax Authority

Egyptian tax receipts witnessed an increase of 40% this year as compared to last year, said Emad Samy, head of the Tax Authority, in his speech at the headquarters of…

Daily News Egypt

€100m French finance facility to develop El-Raml tram

The new project will cost €360m and serve 100 million passengers annually

Elsayed Solyman

Al-Sisi, Trump to meet on sidelines of Arab-Islamic-American summit

The presidents had previously met a month ago in Washington

Daily News Egypt

SODIC achieves total revenues of EGP 703m in Q1

SODIC records triple digit growth in profit, estimated at EGP 211m

Shaimaa Al-Aees

Boost in Orascom Hotels revenues in Q1 2017

Company’s revenues increased by 73.9%, from EGP 284m in Q1 2016 to EGP 493.8m in Q1 2017

Reem Hosam El-din

Minister of Trade discusses investment opportunities with Chinese companies

Hawtai is considering injecting investments worth $1bn in projects for manufacturing cars and components

Daily News Egypt

Drafting a law to reconcile with brotherhood is impossible: Heikal

Head of the Media Committee Osama Heikal spoke during a press conference to reflect on the parliament’s achievements

Farah Bahgat

Commissioners Authority rejects government’s appeal against Aboutrika

The government had earlier appealed a ruling that annuled the asset freeze

Daily News Egypt