Egypt

Crédit Agricole Egypt inaugurates first cashless branch

Crédit Agricole Egypt celebrated recently the inauguration of the first branch of its innovative cashless branches series titled…

IFC invests close to $200m in Egypt, eyes opportunities in infrastructure, manufacturing sectors

The International Finance Corporation (IFC), a World Bank Group member, invested close to $200m in the Egyptian market…

Egypt, Nissan agree to make 100,000 cars yearly

The minister for public enterprises, Hesham Tawfik, has revealed that the Egyptian state-owned carmaker El Nasr Automotive Manufacturing…

Raya to infuse EGP 250m in its recycling factory

Raya Holding for Financial Investments has disclosed it decision to invest more than EGP 250m in BariQ, the…

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Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018

A survey conducted by Daily News Egypt on the results of the activities of banks operating in the…

Egypt’s gas production to increase to 7bn scf/day

The Ministry of Petroleum is targeted at increasing Egypt’s natural gas production to 7bn cubic feet daily (scf/day)…