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NBE, Banque Misr arrange EGP 3bn loans to finance airport development
The National Bank of Egypt (NBE) and Banque Misr have arranged two syndicated loans at a total value of EGP 3 billion for the development of two airports.
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Egypt’s economy is relisent, capable of meeting Egyptians’ aspirations: Sisi
Egyptian economy is now more capable than ever of facing challenges posed by the developments related to the international conditions and meet the aspirations of the Egyptian people, According to…
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NBE, CIB close EGP 585m securitised bond issuance for Aman
A consortium, comprised of the National Bank of Egypt (NBE) and Commercial International Bank-Egypt (CIB), has closed a securitised bond issuance worth EGP 585 million for Aman Financial Services, a…
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Egypt’s Arab Contractors wins €110 million major road project in Congo
Egypt’s state-run Arab Contractors (AC) said it has won a contract for a 150 km road project in Congo linking two key cities in the country.
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5,752 building, operation licences issued for factories, Gamea
Egypt provided 561 building and 5,191 operation licences, and granted 2,467 permanent industrial records and 856 fixed-term industrial records, according to Nevine Gamea, Minister of Trade and…
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Telecom Egypt, Amer Group sign a deal to provide solutions to the later projects
Telecom Egypt signed a cooperation agreement with Amer Group Holding Company to provide the latest integrated communication solutions for the property developer's projects.
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Egypt plans EGP 43bn electricity investments in FY21/22
Egypt reviewed the objectives of the electricity sector for fiscal year (FY) 2021/2022 as part of the medium-term sustainable development plan between FY18/19 and FY21/22, according to The Egyptian…
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A spot light on major trade agreements linking Egypt with Africa
Egypt is looking forward to enhance its cooperation as well as trade interdependence with other countries in the African continent under the leadership of the Egyptian president.
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Egypt, Siemens sign green hydrogen project agreement
Egypt is cooperating with German engineering and technology company Siemens to develop its green hydrogen industry, initiating it with a pilot project, comprising 100 to 200 megawatts (MW) of…
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Egypt signs a deal to form Misr Methanol and Petrochemicals
he Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, witnessed the signing of a shareholder agreement for the establishment of Misr Methanol and Petrochemicals Company.
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