Foreign investments in petroleum sector to exceed $10B in 2019/20

Wed, May. 22, 2019

The source pointed out that this will be reflected on the growing oil activity and projects implemented.

Egypt, UNIDO discuss promoting investment opportunities in Cairo

Wed, May. 22, 2019

Agreement has been reached with UNIDO representative to address the possibility of participation of representatives of the various Egyptian industrial bodies.

Egypt to establish wind farms in Suez Canal’s Economic Zone

Wed, May. 22, 2019

The head of the Suez Canal Authority and the economic zone of the Canal pointed out that it is intended to produce 7,200 MW of wind farms to be established in the region,

EGX shows mixed performance Wednesday

Wed, May. 22, 2019

The benchmark EGX30 rose 0.37 percent, or 50.02 points, to close at 13,664.23 points.

Maximum limit of micro-finance doubled to LE 200K: FRA

Wed, May. 22, 2019

The decision was made to help the emerging projects increase their activities, the matter which would contribute to creating more job opportunities for youths.

Loans provided to customers hit LE1.82T by end of Feb.

Wed, May. 22, 2019

Governmental loans reached LE 586.4 billion, LE 227.6 billion of which were provided in local currency and LE 340.7 billion in foreign currency.

Domestic liquidity reaches LE 3.67T by end of February: CBE

Wed, May. 22, 2019

The increase in domestic liquidity reflected on near money “quasi-money” by about LE 220.4 billion , and on Money supply by about LE 20 billion.

Production index for transformative, extractive industries rise 15.1% in March

Wed, May. 22, 2019

The index of food products industry rose 16.6 percent, recording 108.72 during March 2019, compared to 93.22 in the prior month.