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Finance Ministry settles on managers and legal counsel for upcoming eurobond issuance
HSBC, Citigroup, JPMorgan Chase & Co, Morgan Stanley, and National Bank of Abu Dhabi will be managing Egypt’s upcoming USD…
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Debts owed to IoCs could be paid off within two years, former minister says
Debts owed to international oil companies in Egypt should be paid off entirely within two years if work on new…
CBE keeps rates unchanged in its last meeting of 2017
CBE keeps rates unchanged in its last meeting of 2017: The central bank’s Monetary Policy Committee (MPC) kept the overnight…
At least 11 killed, five injured in attack on Coptic church and shop in Helwan
At least 11 people were killed when a gunmen attacked the Coptic Orthodox Mar Mina church and a shop in…
UAE Minister urges Arab nations to unite under Cairo and Riyadh’s leadership to fend off Turkish, Iranian influence
UAE Minister of Foreign Affairs Anwar Gargash suggested yesterday that Arab countries need to band together under the joint leadership…
GASC buys 180k tonnes of Russian wheat in global tender
The General Authority for Supply Commodities (GASC) purchased 180k tonnes of Russian wheat in an international tender yesterday. GASC refused…
Egypt looks to hire international inspectors to examine agricultural cargo marked for export
The Agricultural Exports Council is looking to hire Spanish or Dutch inspectors to examine Egyptian cargo for residual pesticides before…
El Sewedy Electric subsidiary awarded tender for electricity transmission lines
A subsidiary of El Sewedy Electric was awarded the tender to provide electricity transmission lines connecting Borg El Arab with…
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