Business
Empower negotiates with Saudi firm over $28m waste-to-energy plant
Tariff set at 12 cents per kW/h, 70% of costs to be financed by Saudi banks
Misr Insurance Holding eyes 10% growth in consolidated net profits: chairperson
Company’s plan relies on achieving ambitious growth rates in various activities that lead to achieving the...
Banking
“We aspire to put HDB among Egypt’s top 10 banks”: Ghanem
Credit Agricole Egypt embarks on digital transformation plan for three years
Geopolitical events cast shadow over expectations of pound’s interest, reserve, inflation
IDB profits reach EGP 512m in 2019
Egypt’s external debt up 17.3% YoY to $108.7bn in FY19
SAIB launches new brand identity
Real Estate
Parliament to discuss draft law regulating proposed Real Estate Developers Federation
Real Estate Development Chamber to form a committee for property export, says chamber deputy head
Housing Ministry to sponsor Nile Property Expo in 3 Gulf countries
The Waterway launches its 5A project in New Cairo at EGP 4bn investments
Egypt to participate in UAE, Saudi Arabia’s IPS in March
Energy
Empower negotiates with Saudi firm over $28m waste-to-energy plant
Tariff set at 12 cents per kW/h, 70% of costs to be financed by Saudi banks
Egypt’s gas consumption to surge 375m scf/day in FY 2020/21
Egypt’s Electricity Minister to visit DR Congo over Inga Dam project
Electricity Ministry seeks more foreign contributions in energy projects
Industry
Egypt’s exports of engineering industries increase 11.5% in July-November 2019: EEC
Amr Abu Freikha, the EEC chairperson, said that electronic, electrical, household, and electrical industries, in addition...
Land Bank: Government tool to digitise industrial land offerings
Egypt eyes digitalisation of industry, but faces challenges
Online industrial investment map to be launched within 2 months: IDA Chairperson
Trade
Egypt’s trade deficit declines 32.2% YoY in October 2019: CAPMAS
The CAPMAS attributed the decrease in exports value to the decrease of some commodities, such as...
18.9% decrease in Egypt’s trade balance deficit in July Y-O-Y:CAPMAS
China Trade Fair Egypt 2019 wraps up its activities Monday
$80m decrease in Egypt’s trade deficit y-o-y during 8M of 2019
GB Capital’s financing portfolio exceeds EGP 9bn in September 2019
GB Auto’s subsidiary, Drive, plans to increase its market share in factoring
Technology
Communication ministry provides 20 electronic services via digital means
During the past year, the MCIT cooperated with the Administrative Control Authority. The Ministry of Planning,...
