Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Mohamed Farid met Japan’s Chief of Staff in Cairo
Both exchanged views over recent updates in region

Egypt’s Foreign Ministry accuses UN of ‘politicalisingâ Morsi’s death
FM refuses any attempts to question Egyptian judiciary’s impartiality

Al-Sisi, Iohannis discuss bilateral cooperation, Middle East crises in Bucharest
President said that trade relations between Egypt, Romania surpassed $1bn in 2018

IDB continues expansion plan with opening of new branch downtown Cairo
Ambitious plan, to support national economy, Egyptian industry in reaching world: Fahmy

US market represents 3% of tourist arrivals to Egypt: Al-Mashat
Gulf Air operates 19 flights to Egypt weekly, says Bahrainâs tourism minister

World awaits opening of GEM: UNWTO
While the museum is still under construction, the site chosen for the GEM is only 2km from the legendary pyramids

Rosatom to hold forum for suppliers, contractors of Dabaa nuclear plant in Egypt next October
Russian Rosatom Corporation will be holding a forum for the suppliers and contractors of the Dabaa nuclear plant on October 8

Egypt condemns Kenyaâs terrorist attack
FM calls for exerting more international efforts to combat terrorism

Total of 14 people referred to Criminal Court over Cairoâs railway station accident
Prosecution reveals causes of accident which killed, injured dozens last February

Egypt’s SIS lambastes HWRâs comments over Morsi’s death
âTweets contained nothing but false claims that reaffirm HRW’s tradition of ‘circulating lies,ââ says SIS

Egypt, eight countries to form more than half of worldâs population increase in 2050:UN
Expert recommends government to raise awareness, empower women

Bank Audi has yet to apply for CBE approval to acquire NBG-Egypt: Helal
In May, Bank Audi signed the final acquisition contract of the NBG-Egypt, however sealing the deal currently depends on the approval of both the CBE and Banque Du Liban, the central bank of Lebanon

âWe are studying offers from international companies take over power plantsâ: Prime Minister
The meeting was attended by the Minister of Electricity and Renewable Energy, Mohamed Shaker

Egyptian-Belarusian summit addresses boosting joint cooperation
Al-Sisi also met with senior Belarus businessmen, heads of megacompanies

Egypt, Japan agree on extending support to Abu El Reesh Hospital
âWe encourage Egyptâs efforts to improve health care services,â says ambassador

Net profit of Banque du Caire reaches EGP 1.218bn in Q1 of 2019
Good results always push us to continue development, says Fayed

International financial partners consolidate Egyptâs private sector activities
KfWâs current portfolio in Egypt is at âŹ2.6bn

Egyptians Abroad prepares to set up investment fund in logistics services with EGP 2bn
Fund aims to invest in dry ports, transport operations, storage areas

South Korea seeks more opportunities in Egypt’s major transportation projects
Egypt emerges as important destination, partner in Africa, says ambassador

Egyptian Defence Minister attends Paris Air Show 2019
France International show for aviation, aerospace industry

Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt
Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv gas: Source

Amer: 30-40% of Banque du Caire shares to be floated by October 2019
CBE receives 3 bids for United Bank, awaiting new offers

Former Islamist president Mohamed Morsi dies during trial on Monday
The judge allowed Morsi to speak upon his request, and after the session ended, Morsi fainted and died, the state television clarified. However, the cause of death was not immediately disclosed

Masary targets doubling POS to reach 150,000 POS end 2020, has 30% market share: Chairperson, CEO
FinTech forefront of financial inclusion in Egypt, we aim to process 2m transaction daily end 2019, says CEO of Masary, Mohamed Nagy

Fawry considers entering field of IPO payment in EGX offerings through company’s outlets next year
We have achieved great success in funding traders who previously contracted with Fawry, we plan to expand this: Okasha

CBE regulates banks transactions with technical payment aggregator, facilitators
Boards of directors shall ensure banks’ plans match reliance on these companies, analyze risk associated with these services

EEHC to complete analysis of power control centre offers in 3 weeks
Siemens, GE, Schneider Electric competing for implementation

Egypt targets gasoline deficit of 3.8% in FY 2019/20
Surplus of jet fuel production 3.43m tonnes in next FY, says source

Five people in connection with Thanaweya Amma exam leaks arrested
Four suspects accused of creating social media groups to circulate exam answers, questions

El Sewedy acquires Greek RF Energy for âŹ55m
NBG funds 75% of deal expected to be sealed end-June