3158 Articles
The agriculture sector remains the largest consumer of water in Egypt, as it acquired 62.15 billion cubic metres in 2015/2016. The sector accounts for 81.5% of the total use, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). In the second ranking comes the drinking and health usage sector, which consumed 10.4 billion …
The company aims to expand further in the Egyptian market during the current period
The total cost of transportation of petroleum products reached EGP 18.1bn in 2015/2016, up from EGP 14.1bn in 2014/2015—an increase of 28%. The Central Agency for Public Mobilization and Statistics (CAPMAS) issued its annual bulletin on the means of transporting petroleum products in 2015/2016, indicating that the total transported quantities by the various means of …
32 companies were registered in NILEX with EGP 1.3bn capital by the end of 2016
Coke, petroleum products contribute 17.8% of total industrial production value
Minister of Military Production Mohamed Al-Assar sat down on Sunday with the Australian minister for investment and trade, defence industries, and veterans’ affairs, Martin Hamilton-Smith. The meeting also included a delegation of Australian businesspeople representing various investment sectors. During the meeting, Al-Assar reviewed the technological capabilities of the ministry’s subsidiary companies in military and civil …
NBE provided letters of guarantee worth EGP 5bn for the sector of construction, says Aboul Fotouh
EGX, ALEXBANK sign MoU to support and empower Egyptian SMEs
Total financial position of banks climbed to EGP 3.99tn at the end of November 2016, increasing by EGP 857.2bn from October
We are keen on taking part in funding projects that serve the Egyptian economy, in fields of energy and infrastructure, amongst others: Al Nahyan
We aim to acquire a stake of not less than 5% of the Egyptian banking market over the next ten years, says Abdeen
Egypt enjoys a special position in Bank Audi Group, which supports Bank Audi Egypt continuously
We granted EGP 2bn to SMEs and we support the industrial sector, says Fayed
We had a few companies with debts of more than $5m, whose positions have already been setted, says Fayed
137.2% growth in foreign currencies deposits in flotation month, drops to 18.3% after excluding impact of the decision
Egyptian delegation holds meetings with Belarusian companies operating in the fields of agricultural tractors, steel, radiation measurement, and water and oil well drilling equipment
“As we continue to reform the banking sector, it is critical to remain an integral part of the global community,” says Amer
The number is expected to increase because of the delay of the Compensation Law, says Abdul Aziz
40,000 workers and technicians are working on the New Administrative Capital project
Self-sufficiency ratio of wheat decreased from 56.4% to 49.1% during 2006-2015
Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end of 2016
EGP-denominated bonds amount to EGP 712.68bn, next to $11.5bn on foreign markets
Federation of Egyptian Banks prepares a note of its remarks on the bill, which will be sent to the CBE and the legislative committee of the Ministry of Justice
We consult with the Minister of Agriculture and the CBE governor to complete formation of the bank’s board of directors after hiring deputies, says El-Kosayer
The National Organization for Military Production previously signed a cooperation protocol with Belarusian MAZ company
Banks will present their recommendations to the CBE’s governor, since the law allows the latter to reject officials
Ministry of Military Production is keen to participate in national development projects, says Al-Assar
Banks are obliged to notify the CBE before providing foreign exchange for any governmental entity
Surplus includes $5.1bn generated after flotation
The US dollar exchange rate to the pound exceeded EGP 17.5 on Tuesday, marking its highest level over the past two weeks. The depreciation comes as demand builds up to cover importation, leaving banks with a shortage. The greenback began a wave of strengthening again since last week, continuing its movement upwards to reach EGP …
