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Ministry of Finance to issue treasury bills with EGP 189.5bn and treasury bonds with EGP 72.5bn between July and September 2015
Government is obliged to adhere to old budget until new one is approved, according to Sultan Abu Ali
Fixed Internet acquires 7% of company’s profits
Company will open two new centres, launch S3 centre in Alexandria
$100m total company investments in Egypt: Mardrus
Last month, Mohamed Zaky Automotive celebrated the inauguration of the latest services centre for SEAT cars in Kattameya, with an EGP 12m investment.
“We work under the umbrella of the CBE and our clients did not make any withdrawals,” says bank official
Report shows 12,452 violations removed from shores of watercourses until May 2015, according to cabinet spokesperson
EGX loses EGP 4.5bn on Monday
Suspension of fuel supply to El-Nasr, Helwan, Alexandria, Al-Masriya 1 and Al-Masriya 2, Apec and MOPCO
Exports to international blocs decreased to EGP 190.4bn between 2013 and 2014, imports surged to EGP 223.9bn
By Dr Cesar Chelala A year after Israel’s attack on Gaza, children there are still trying to recover from the consequences of the brutal assault. The Israeli attack, which started on 8 July 2014, resulted in between 2,142 and 2,310 Gazan deaths. According to the Gaza Health Ministry and to the UN and various human rights groups, …
Price rise in real estate expected after government announced giant projects’ implementation, including new administrative capital, and 1m units project
Interest rates on financing units ranging from 14 to 17%, says Fikri
Ministries will not issue conflicting decisions that harm the sector if council is activated
Applying integrated urban communities model will start in Farafra, El Tor, and Toshka first, says prime minister
This phase of the campaign also targeted Internet companies and Telecom Egypt, in protest at hefty Internet prices and low-quality services.
Medium-term tourism in Luxor sees a hit after recent militant attack
Pharaonic Petroleum Company and Petrobel are most prominent companies with lower production
41 villages face violations on sewage network lands, says cabinet
The bank finances more than 22 sectors, primarily in energy, petroleum, communications, construction and food
The total loan value is at EGP 10bn, of which Bank Audi-Egypt provided EGP 400m. The other banks involved in the loan include the National Bank of Egypt, Banque Misr, Banque du Caire, QNB, United Bank of Egypt, and Arab Bank.
Arab banking sector is committed to highest international standards in fighting money laundering and terrorism funding, says UAB Sec-Gen
New account combines money box and “gameaya” (joint fund), with accumulated interests not affected by market changes says bank official
195 drinking water and sanitation projects will be completed on 30 June, says Madbouly
Decision targets increasing bookings for winter season in Luxor, Aswan, and Taba, and in summer for Marsa Matruh
Economic zone will include special customs office launched in coordination between authority head and Minister of Finance, according to Sarie-Eldin
Blood donation campaigns were held over two weeks in some of the bank’s main branches, in cooperation with Takatof Foundation
The project’s implementation period was from 2012 to 2015. It aimed to improve the quality of life of residents of these villages through education, health, economy and culture.
Three companies emerged from MIHC, and are 100% owned by it: Misr Insurance (properties); Misr Life Insurance; and Misr Real Estate Assets.