Tag: Business

$40.2bn decrease in external debt: CBE governor

CBE will pay final instalment of Qatari deposit of $1bn during October,…

Shaimaa Al-Aees

Egypt sees $442m tourist income in February

Most tourists came from western Europe or 40% of 640,000 tourists

Abdel Razek Al-Shuwekhi

Capital market sheds EGP 7bn

ICFC announced intention to increase capital from EGP 30m to EGP 45m…

Sara Aggour

Hyundai Verna most sold car in Egypt

EGP 1.4bn in Korean car sales in Egypt in the first two…

Daily News Egypt

Alexandria hosts regional LACTIMED Project conference

LACTIMED is promoting various dairy industry sectors across Europe and the Mediterranean

Daily News Egypt

Hotel investors request loan delay from Tourism Ministry: Hotels Chamber Official

Investments on tourism lands for development at EGP 68bn, most located in…

Abdel Razek Al-Shuwekhi

EGAS studies preparing Adabiya Port to receive 2nd gasification ship

The official added that the second ship will have more than 42…

Mohamed Adel

Surplus cement supply stabilises prices for 5th month

854,000 tonnes of cement were produced in April, states Minister of Supply

Sara Aggour

$300m needed to complete Grand Egyptian Museum: Antiquities Ministry

Costs are above previous figures due to drop in Egyptian pound’s value,…

Daily News Egypt

$6bn in Gulf deposits temporarily eases Egypt’s economic burdens

Analysts say GCC deposits beef-up foreign reserves and boost local currency

Dahlia Kholaif