Inflation to average 8.4% in 2020: Focus Economics
Strong economic growth should stoke price pressures ahead
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EALB signs a protocol with Tersana SC to finance club membership
The protocol was signed by Amr Gadallah, the bank’s vice president, on behalf of Amr Kamal, the bank’s chairperson, and on the other side, Tarek El Said, the club’s president and parliament member.
Saudi Arabia seeks to benefit from Egypt’s expertise in promoting tourism: SCTH
Arab market represents 30% of incoming tourism to Egypt, Saudi Arabia comes on top, says Al-Mashat
NBE rules out issuing foreign bonds currently
Dealing with financial institutions is better and cheaper than bonds, says Aboul Fotouh
Rosatom reviews Dabaa nuclear plant’s designs as execution starts 2H 2020
Al-Sisi follows up on the project, while four government agencies participate in building the plant
BP invests $2.7bn to develop North Alexandria’s Giza and Fayoum gas fields
Production of second phase amounts to 680m scf/day
Lebanese President Aoun accepts Al-Hariri’s resignation, amid army’s intervention to open highway north of Beirut
The resignation of Lebanon’s government aimed to ease the unrest, but protesters vowed to demonstrate until all their demands are met, saying that the government’s fall was only one of their demands.
Rameda targets stock market debut in 4Q 2019
Company to use IPO to fund opportunistic acquisition of pharmaceutical companies