Advertising Area
Business
MCDR to start board nomination procedures on Sunday
Company’s board nomination deadline is 28 April
saib Bank targets over 50% growth in retail banking portfolio during 2021
Personal loans represent 48% of bank’s total loan portfolio, while auto loans stand at 15%, says...
Banking
Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE
NBE’s Tamkeen for microfinance begins activities in Upper Egypt
Banks in Egypt increase capital to comply with new banking law
Egypt provides electronic channels for pension disbursement
Banque du Caire reports EGP 3.2bn net profit in 2020
NBE provides services to clients at New Administrative Capital through mobile unit
Real Estate
Real Estate Chamber, GCC company sign cooperation protocol to export Egyptian real estate
This comes particularly given the competitive global advantages of domestic real estate. As a result, the...
The View Real Estate launches EPIC Compound with EGP 1bn investments
Al Ahly – Sabbour, Reportage Properties agree to develop real estate project in Mostakbal City
Arkan considers 4 new projects in Egyptian real estate market
Energy
Renewable Energy Authority to set higher prices for electricity supplied to EETC
Prices are expected to increase by about EGP 0.7-0.15/kwh
Infinity expected to IPO as it builds energy platform across Africa
6% drop in Brent crude prices seen as good news for Egypt policy makers
Egypt’s MIDOR refinery expansion will open in Q1 2022: Petroleum Minister
Industry
AAAM, Afreximbank sign MoU to boost Africa automotive investment
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a...
Egypt expects $5.8bn of chemical industries exports in 2021: Official
Egypt’s food industry exports to Germany record 13% increase in 11M 2020
FEI’s feeder industries division praises government drive towards EV manufacturing
Trade
Egypt’s non-oil exports rise 6% in Q1 2021: Trade Ministry
Trade deficit decreases by 1% during first 3 months of 2021, says Minister Nevine Gamea
Egypt sees 17.9% decrease in trade balance in January 2021
Egypt’s food exports to Kenya grow by 111% in 7 years
Trade Minister announces 1st batch delivery of new industrial complex units
Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE
Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn in one month
Tourism
Mummies Hall at Egyptian Civilization Museum to receive visitors on World Heritage Day
All royal mummies transported to new museum are now placed in display boxes
Egypt, Italy discuss strengthening cooperation in tourism, archaeology
Egypt discovers mid-18th Century shipwreck by Saadana Island in Red Sea
Egypt hotel occupancy to reach 35-61% in 2021: Colliers International
Technology
Egypt’s Telecom Regulator orders free use of mobile apps for persons with disabilities
Approach is to ensure easy access to telecommunications, Internet for disabled users
