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Egypt’s economy to grow by 3.3% in FY2020-21 -Reuters poll
Egypt’s economy will grow at a 3.3% clip during the current fiscal year, according to a Reuters poll of economists.…
Egyptian Airports Co. seeks EGP 2.5 bn loan to develop Hurghada, Giza airports
The Civil Aviation Ministry’s Egyptian Airports Company is in talks with a number of local banks for an EGP 2.5…
Loss-making Egyptian Iron and Steel could be coming under military control
The Military Production Ministry may be about to take over Egypt Iron and Steel after industry insiders submitted a report…
FinMin to complete Meeza card rollout within a year
All public sector salaries will be paid out through Meeza cards within a year, replacing the government-issued cards currently in…
Bond bulls return to Egypt, more than doubling foreign holdings in five months
Foreign investors are piling into Egyptian debt: Foreign inflows into Egyptian bonds have surged to more than USD 20 bn…
Elsewedy Technical Education signs initial agreement to build 10 vocational schools
Elsewedy Technical Education (STA) has signed an MoU with the Education Ministry to establish 10 vocational schools in the next…
Investors to work with FinMin on real estate tax exemptions
Business leaders and lobby groups are now part of a joint committee with the Finance Ministry set up to address…
Trials begin on Giza Pyramids electric bus route
Orascom Pyramids began trialing the new eco-friendly bus route at the Giza Plateau earlier the week after receiving the first…
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