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Economics

Egypt’s tax revenues reach LE 55.9B in two months

CAIRO – 30 November 2017: The Tax Authority has collected LE 55.9 billion in revenues in the first two months…
Economics

Bourse gains LE 24.5B in 4 trading sessions

CAIRO – 30 November 2017: The Egyptian Exchange (EGX) gained EGP 24.5 billion in its four trading session during this…
Economics

CI Capital concludes LE 1.47B advisory transaction

CAIRO – 29 November 2017: Investment bank CI Capital said that it has successfully concluded an advisory transaction in relation…
Economics

Egypt keeps custom dollars at LE 16 in December

CAIRO – 29 November 2017: Egypt kept the customs dollars at its current rate of LE16 to the dollar for…
Middle East news

Tahia Masr Fund provides LE 185m to North Sinai

CAIRO – 29 November 2017: "Tahia Masr Fund provides North Sinai with LE 185 million ($10 million) to improve health…
Middle East news

Public Funds Police reveals LE 100 million money laundering case

CAIRO – 29 November 2017: Public Funds Crimes Investigation Police revealed the largest money laundering case worth LE 100 million…
Economics

CBE issues LE 15.5B in T-bills Wednesday

CAIRO – 29 November 2017: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is scheduled…
Economics

Talaat Moustafa Group expects LE 13B in sales by year-end

CAIRO – 29 November 2017: Real estate developer Talaat Moustafa Group Holding (TMG) achieved LE 12.02 billion in net sales…
Economics

SMEs portfolio reaches LE 37.5B: NBE

CAIRO – 28 November 2017: The National Bank of Egypt's (NBE) small and medium enterprises (SMEs) portfolio has registered LE…
Economics

Finance Ministry offers new financial contributions at LE 4.9 B: MIN

CAIRO – 28 November 2017: The Ministry of Finance has allocated urgent financial contributions with a total value of LE…
Economics

SMEs portfolio at NBE reaches LE 37.5B: Deputy General Manager

CAIRO – 28 November 2017: The National Bank of Egypt's (NBE) small and medium enterprises (SMEs) portfolio has registered LE…
Economics

Government invests LE 1.8B in North Sinai in FY 2017/18

CAIRO – 28 November 2017: The government is directing LE 1.89 billion in investment in North Sinai governorate during fiscal…
Economics

Banque Misr, MSMEDA sign a LE 400M loan to finance SME

CAIRO – 27 November 2017: Banque Misr and the Small and Medium Enterprises Development Agency (MSMEDA) have signed a 400…
Economics

EGX closes in mixed note, market cap up LE 3.5B

CAIRO – 27 November 2017: The Egyptian Exchange (EGX) ended its transactions on mixed note Monday. Benchmark index EGX30 went…
Economics

Government borrows LE 2.5B in T-bonds Monday

CAIRO – 27 November 2017: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is scheduled…
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