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Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have  said on Monday they are suspending the one-year certificate of deposit which was introduced on March 21 with an…
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Egypt will merge seven or eight state-owned hotels into a single entity ahead of a listing on the EGX, Public Enterprises Minister Hisham Tawfik told Bloomberg Asharq.
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The Egyptian Prime Minister Mostafa Madbouly witnessed the signing of an ‘Integrated Industrial Partnership Initiative’ aims to achieve economic sustainable development and contribute to supporting…
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The UAE’s government announced on Sunday that it is allocating an investment fund of $10 billion for joint projects with Egypt and Jordan as part of a newly launched partnership industrial initiative…
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Egypt’s Marsa Alam, which located in south of the Red Sea, is going to welcome nearly 15,000 European tourists this week, starting from Saturday to Friday.
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Siemens Mobility, Orascom Construction (OC) and Arab Contractors have signed a contract with the government for the second phase of the planned 2k-km high-speed rail line, Siemens and OC said in…
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The African Development Bank (AfDB) has launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government, said Kariuki Kevin Kanina, the…
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“Egypt Welcomes Its Guests” campaign has reached nearly 60 million users of social networking sites in the targeted countries, and attracted nearly 157 million views, according to Amr Al-Kady, CEO of…
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The European Union (EU) is working on a deal to import Israeli gas through Egypt as the bloc is looking to lower its dependence on Russian supplies.
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Egypt’s Commercial International Bank announced the launch of new premium savings certificates with three- and four-year terms in EGP within the framework of its plan to develop a package of long-term…
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