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Business
Banking
Lifting foreign exchange transfer constraints is a new message from CBE that Egypt overcame foreign currency crisis: experts
CBE reveals foreign exchange status after flotation
CBE likely to maintain current tight monetary stance to reduce inflationary pressures: IIF
Central Bank of Egypt removes foreign currency transfer limits
Afreximbank signs loan to Banque Misr worth $200m next week
Banknote issuance to GDP increases to 12.68% in February: CBE
Real Estate
Palm Hills gets approval for development of a residential project area of 12.6 million sqm
New project primarily puts the company as the largest real estate developer in Egypt in terms...
Real Estate Development Chamber, Administrative Control Authority to end problems of real estate developers
54% of Egyptian households already found housing unaffordable before the recent economic reforms: 10Tooba
Misr Italia, CONSTEC sign contract to construct two administrative buildings at Cairo Business Park
Energy
Egypt’s energy future between reality and fantasies
Egypt is the second largest producer of natural gas in Africa after Algeria, yet Egypt’s power...
Vortex acquires TerraForm’s 365 MW UK solar portfolio
Egypt to receive Iraqi oil next week
5 companies granted temporary licences to produce solar energy
Industry
Implementing “The Better Work” programme to start by June: Kabil
Two international forums will be held in November to gather buyers, producers, and exporters for the...
Trade delegation of entrepreneurs to UAE and Germany: Kabil
ALPLA Taba launches packaging factory with investment of EGP 500m
Kabil keen on organizing the industry of marble
Trade
Nasr signs MoU with ICD to finance infrastructure projects
Nasr signed a $10m financing agreement with the IDB to combat bird flu
MTI achieves 38% increase in revenues in Q1 2017
NOSCO targets business worth EGP 200m in 2017
DP World Sokhna to announce timetable for development of second basin in Ain Sokhna
Egypt’s first ladies team takes part in automotive championship finals
Ssang Yong team is the champion of Shell Egypt Automotive
Tourism
Eid increases occupancy in hotels of Red Sea, Sharm El Sheikh, Alexandria, North Coast: tourism workers
Eid Al-Fitr holiday next week is expected to increase hotel occupancy in many resorts in Egypt,...
Go Bus raises ticket price EGP 10 on Eid holiday trips
The North Coast’s hotels are the most expensive: hotel managers
Egyptian individuals, families increase hotel occupancy rate in Hurghada, Sharm El Sheikh: tourist workers
Technology
CIT focuses on innovation in its future strategy
The chamber allocated 10% of its budget to working groups
