Latest Economy News
CBE likely to embark on easing cycle as inflation declines
The bank could cut interest rate by 1% in the December meeting,…
Proceeds of Tax Dispute Committees amount to EGP 15bn
Deputy Minister of Finance for Tax Policies Amr El-Monayer said that the…
Egytrans achieves 106.1% growth in revenues in Q3 2017
The third quarter of 2017 saw Egytrans’ consolidated revenues grow by 106.1%…
2.3 million patients treated at state expense in 2016: CAPMAS
The total number of patients treated at the expense of the state…
8,625 acres of agricultural land illegally reclaimed in Egypt
According to a report issued by the Ministry of Agriculture and Land…
Sarwa Capital announces closing of EGP 1.15bn securitisation bonds
Sarwa Capital today announced that Sarwa Securitisation SAE has closed its latest…
Gulf Capital closes 3 new growth capital transactions in Egypt, Africa, Turkey
Fund will allocate $22m for oil, gas infrastructure in Egypt
Finance Ministry offers international bonds tender this month
Ministry consulting with international banks to determine timing, currency of offering
46th: Russia’s rank on list of countries investing in Egypt: GAFI
The General Authority for Investment (GAFI) revealed that Russia ranks 46th among…
GE Power, Egypt’s EETC to connect 120 MW of wind power to national grid
The project is scheduled to start working by the end of 2018