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Nearshore companies are increasingly outsourcing their business services to Egypt -report
Egypt is becoming an increasingly popular destination for nearshore companies to outsource their business services, according to a report published…
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World Bank approves USD 50 mn facility for Egypt’s covid-19 emergency response
The World Bank approved yesterday a USD 50 mn fast-track facility to bolster Egypt’s covid-19 emergency response capabilities, according to…
El Sisi talks covid-19 medical aid with South Africa’s Ramaphosa
El Sisi, Ramaphosa talk African covid-19 cooperation: President Abdel Fattah El Sisi discussed cooperation between African countries to curb the…
MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr
Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of…
Alexandria Cement fair value determined to be EGP 4.02 a share
An arm of Titan Cement Egypt will pay a significant premium to acquire the nearly 1.3% of Alexandria Portland Cement…
Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City
Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports,…
FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public finances
LEGISLATION WATCH- FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public…
Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days
LEGISLATION WATCH- The draft law that will establish the Egyptian Commodity Exchange will be with the cabinet within days for…
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