Tag: Business

Libya invites Egyptian investors to help in its reconstruction

The $65 billion worth plan will be executed within a 10 year…

Mohamed Salah Mohamed Salah

Developers compete for Egyptian Steel contract

Four companies are competing for a contract of Egyptian Steel's plant in…

Mohamed Salah Mohamed Salah

News of Sukuk issuance agreement creates confusion among Islamist parties

The Ministry of Finance’s head of the Public Debt Unit, Samy Khallaf,…

Islam Serour Islam Serour

Al-Saeed: MENA Transition Fund launched with capital of $250m

Minister of Finance Momtaz Al-Saeed, announced the establishment of a MENA Transition…

Islam Serour Islam Serour

Egypt to receive first instalment of Turkey’s pledged $2bn loan

The Turkish loan to Egypt has triggered a political crisis in Turkey.

Mohamed Salah Mohamed Salah

EFG deal fails to lift the market

Al-Saeed expects the market to resume its positive performance Wednesday despite price…

Mohamed Salah Mohamed Salah

PEI300: Citadel Capital retain stop-position in Africa

Citadel Capital’s website reported in June that the firm has $9.5 billion…

Daily News Egypt Daily News Egypt

EGX performance reacts oddly to political instability

The Egyptian Stock market index maintained its downward trend after a weekend…

Mohamed Salah Mohamed Salah

Egypt close to agreement with IMF

An agreement on the proposed $4.8 billion loan to Egypt could be…

Mohamed Salah Mohamed Salah

Kuwaiti funds to invest in Egypt

Kuwait Finance House and its subsidiary, Liquidity House, have declared their readiness…

Hend El-Behary Hend El-Behary