Mehleb meets Saudi, Emirati ministers to prepare for Egypt economic summit
Government exerting “immense” efforts to establish standards for investors, accelerating licence issuance,…
Saudi Arabia allocates $350m to Egypt in 3 agreements
The agreements include two electricity stations in Western Damietta and El-Shabab
No agreement reached for LNG arrivals by end of 2014
Government delayed signing with Hog Energi, led to lack of supply during…
Only 7% of Egyptians have bank accounts: PayFort
Around 20% of Egyptians perform their financial transactions electronically through credit cards
Arab Banking Corporation allocates EGP200m for retail banking sector
Corporation supports retail banking sector over the next year with investment amid…
BNP Paribas Wealth Management wins private bank awards for Europe, North Asia
Awards confirm their position as a “reference private bank”, say Wealth Management…
CBE to supervise monetary transactions outside banking sector: Deputy governor
Supervision will cover monetary fund money despite antipathy of investment directors
AAIB expands ATM service in Egypt
Expansion brings bank’s total number of ATMs to 286 across the country
Marina tourist centre tender to take place early 2015: Housing minister
Ministry planning to build 100,000 hotel rooms for tourists in north coast
No backtracking on rice exports at EGP 2,000 per tonne
Expected returns set at $1bn for exporters and $280m in returns for…