Business
Odds and consequences for the no-deal Brexit scenario
How will a no-deal Brexit, which is highly expected by politicians, affect the Scottish question of...
SODIC reports EGP 2bn revenues in 1H19, a 92% growth
Gross profit grew 23% to hit EGP 630m during the period, reflecting a gross profit margin...
Banking
Mashreq Bank – Egypt launches mortgage finance initiative to support low-income groups
CONIA interest rate benchmark comes into force
Banks operating in Egypt celebrate International Youth Day
CBE reveals Egypt’s economy external position
Egypt’s external debt reaches 35.1% of GDP at end-2018, but still within safe limits: CBE
Nasser Social Bank achieves unprecedented profits of over EGP 1bn end-June
Real Estate
SODIC reports EGP 2bn revenues in 1H19, a 92% growth
Gross profit grew 23% to hit EGP 630m during the period, reflecting a gross profit margin...
MNHD revenues record EGP 1.089bn in 1H 2019
El Shams Housing to start construction of Solana project in NAC end-August
Palm Hills debuts Mazeej Hotel on 4,000sqm in North Coast
Energy
Lekela reaches financial close for its 1st wind farm in Egypt
Project to reduce more than 550,000 tonnes of carbon dioxide emissions per year
NREA to launch tender for 20MW solar power plant in Hurghada in September
Poly Egypt to supply EGP 8m worth LED curbstone roadside pavements for New Capital
EgyptERA sets grid fees for electricity producers, distributors via bilateral contracts
Industry
Online industrial investment map to be launched within 2 months: IDA Chairperson
Map to show land prices, required documents, allow purchase requests online, says Ghazi
Kuwaiti ambassador aims to establish new industrial partnership with Egypt
Belarus proposes roadmap to cooperate with military production ministry in industrialisation
Egypt’s industrial production value increases by 27.6% in Q3 of 2018
Trade
24.6% decline in Egypt’s trade deficit in May
Egypt's exports hiked by 1.6% in May, reaching $2.68bn
Egyptian business delegation to visit Ghana in September to promote exports
Egypt’s exports to France hike by 49% in 2018: EDA
Volume of Egypt’s trade exchange with UAE in 2018 stands at $5.5bn
Egypt’s auto market witnesses new wave of price cuts as automakers introduce 2020 models
Up to EGP 200,000 price cuts on 2019 car models, cashback rewards rolled out by many companies
Tourism
Visiting Egypt as a tourist in 2019
After an eight-year slump for tourism in Egypt largely due to safety concerns in recent times....
Marina, Ministry of Youth to sign water sports cooperation protocol
Tourism investors owe $180m to government
New passenger terminal opens at Hurghada Airport
Technology
Match Group acquires matchmacking Harmonica app
Match Group announced that it acquired Cairo-based Harmonica, a matchmaking application.
