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National Bank of Egypt, Banque Misr sell EGP 203 bn of high-yield certificates
State-owned banks sell EGP 203 bn of 15% savings certificates: The National Bank of Egypt (NBE) has sold EGP 147…
Hassan Allam lands Egyptian Black Sand Co. contract
Hassan Allam Construction has landed a contract from the Egyptian Black Sand Company (EBSC) to construct concentration and separation plants…
Egypt outlines rules to streamline public finances, austerity measures
CABINET WATCH- Cabinet outlines new rules to streamline public finances, austerity measures: State bodies will be required to immediately take…
Egypt in line for EBRD, UNWTO emergency tourism funding
Egypt in line for EBRD, UNWTO emergency tourism funding: Egypt is among a list of countries being considered by the…
Egypt, Ethiopia, Sudan look to iron out final GERD agreement before Addis Ababa begins filling its reservoir in 2-3 weeks
Egypt, Ethiopia, Sudan are looking to iron out a final GERD agreement as Addis Ababa says it will start filling…
In line with consensus, Central Bank of Egypt leaves rates on hold in June meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt left interest rates unchanged for the…
IMF gives final nod on USD 5.2 bn in funding to Egypt
The IMF has approved a one-year USD 5.2 bn standby loan for Egypt, helping the country plug a balance of…
NATCO appoints Yasser Saleh as CEO; Karam Gabr tapped as new Supreme Media Council boss
MOVES- Yasser Saleh has been appointed as CEO of the National Automotive Company (NATCO), the production and distribution partner of…
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