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Ethiopian PM raises threat of war ahead of GERD meeting with El Sisi
In a significant escalation, Ethiopian PM raises military option ahead of GERD meeting with El Sisi: Ethiopian Prime Minister Abiy…
UK lifts flight ban to Sharm El Sheikh
The UK finally lifts four-year flight ban on Sharm El-Sheikh: The British government informed airlines in a statement yesterday that…
Egypt halts tuk-tuk licenses, moves forward with plan to replace three-wheeled vehicles with gas-run minivans
Local development ministry pushing plan to replace three-wheeled vehicles with gas-run minivans: The Local Development Ministry is reportedly pushing ahead…
Fitch forecasts 50 bps rate cut in November MPC meeting
Fitch Solutions expects the CBE to cut interest rates by 0.5% before the end of the year, and 1.5% in…
Wider ownership of EGP 100 mn company managing Egyptian Commodity Exchange?
Wider ownership of EGP 100 mn company managing commodities exchange? The Supply Ministry will begin next week the procedures to…
Egypt signs USD 1.9 bn-worth of financing agreements with Kuwait
Egypt signs USD 1.9 bn-worth of financing agreements with Kuwait: Egypt signed yesterday two financing agreements with the Kuwait Fund…
Egypt’s SODIC awards EGP 300 mn-worth of construction contracts for SODIC East
SODIC has awarded construction contracts worth EGP 300 mn for its flagship SODIC East project, according to an emailed statement…
UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets
INVESTMENT WATCH- UAE’s Dragon Oil to invest EGP 1 bn in newly acquired Gulf of Suez assets: Emirates National Oil…
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