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Capmas: 9.7% y-o-y rise in non-Egyptians working in private sector, investment
The number of non-Egyptians working in the private sector and investment in Egypt increase 9.7% y-o-y in 2018, according to…
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Attijariwafa Bank looking to set up EGP 150 mn insurance arm in Egypt
Attijariwafa Bank has submitted a license request to the Financial Regulatory Authority (FRA) to set up an insurance company in…
FRA issues new guidelines for takaful insurers switching to conventional policies
Mutual guarantee “takaful” insurance providers looking to make a switch to offering conventional insurance plans will now have to comply…
Madbouly, El Molla holds talk with Bechtel chairman on Egypt cooperation
Prime Minister Moustafa Madbouly and Oil Minister Tarek El Molla held talks yesterday with the chairman of Virginia-based construction outfit…
Government reaches settlement on El Nasr for Steam Boilers
The government will make a EGP 624 mn indirect payment to Saudi Arabia’s Al Kholoud and Faisal Bank to settle…
Edita to break ground on USD 20 mn Morocco production facility this month
Edita Food Industries will begin constructing its USD 20 mn snack food production facility in Morocco before the beginning of…
CBE to set up by year end risk assurance company for Africa-bound exports
The Central Bank of Egypt (CBE) is planning to set up by the end of December a risk assurance company…
Environ Adapt, Ministry of Environment sign protocol to make Dawar official waste management system for seven governorates
Environ Adapt has signed a protocol with the Environment Ministry that will make its Dawar mobile application the official waste…
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