Banque du Caire offers upfront time deposits at competitive interest rates. Banque du Caire (BDC) (BQDC) is offering its customers time deposits (TDs) with…
Egypt’s Suez Canal to offer ships fuelling and catering services. Egypt’s Suez Canal Economic Zone will offer new services to ships including fuelling and…
The Siemens-built combined-cycle power plant in Beni Suef is reportedly going to be the first of the three plants that will be transferred to…
Prime Minister, Mostafa Madbouly, stated that Egypt eyes expansion in exporting real estate. There would be a dedicated session for the real state sector…
Egypt raises natural gas prices for cement, petrochemical industries. Egyptian Prime Minister Mostafa Madbouly issued a decree setting the sale price of natural gas…
The World Bank forecasts Egypt’s real gross domestic product (GDP) for fiscal year (FY) 2022/2023 to grow at 4.8%, according to the international financial…
Egypt Cabinet: Suez Canal revenues hit 2.1 billion USD in Q3, highest quarter in history. Revenues during September rose by about 22% to 683.2…
IMF Managing Director Kristalina Georgieva stated that the International Monetary Fund should reach staff-level agreements on loans to Egypt and Tunisia “within days or…