1
2
3
4-
Egypt’s state enterprises leave private sector in the shade
Data published by the finance ministry gives a glimpse of how state companies have prospered over the past few years, while private sector didn't.
-
Egypt to disburse EGP 225,000 to each worker at liquidated Iron and Steel Company
On 12 January, citing chronic losses, the board of directors of the Egyptian Iron and Steel Company passed on a resolution liquidating the company.
-
Libya and Egypt hold discussions to promote trade exchange
Discussions were held on the expansion of the ceiling of trade exchange between both countries.
-
Insurance premiums jump 14% in Egypt
Total insurance premiums increased 14% year-on-year to 40.1 billion Egyptian pounds ($2.55 billion) in the fiscal year ended June 30, 2020.
-
Egypt's EFG Hermes arranged $1.2 billion worth of stock market transactions in SSA in 2020
With an aggregate transaction value of $717.4 million, the Nairobi Securities Exchange recorded the largest volume of activities in the region.
-
FAB to acquire 100% of Bank Audi Egypt’s share capital
This agreement follows the completion of an in-depth due diligence exercise conducted by FAB on Bank Audi sae (Egypt),
-
New project for China in Egypt New Administrative Capital
The New Administrative Capital was due to open in 2020, however, due to the COVID-19 pandemic, the opening was postponed to June 2021.
-
Optimism at Egyptian Exchange performance though experts recommend caution
Egypt’s stock market tests resistance level at 11,500 points during high trading.
-
Gold prices decline in Egyptian market by LE3
A gram of 24-karat gold was recorded at LE926, compared to LE929 on Wednesday, and 18-karat gold dropped from LE697 per gram to LE695.
-
Bank ABC acquires Blom Bank Egypt for $480mn
The transaction included all Blom Bank Egypt's physical and non-physical assets as well as customer accounts.
-
How to Choose the Best Bitcoin Exchange
The wrong bitcoin exchange might hinder you from hitting your financial goals as planned, and it might also not allow you to enjoy the process.
-
Siemens to establish an electric railway in Egypt
The German giant signed an MOU to establish the 1000kms railway line. The 1st stage will link Red Sea and Mediterranean.
-
Egypt opens subscription in 'Seyola' cash fund, targets up to EGP 100 mln investments
The targeted investments through the fund is EGP 50 up to EGP 100 million.
-
Egypt’s annual headline inflation declines to 5.4% the lowest since October
CAPMAS attributes the decrease to reduction of record consumer prices in December by 0.5 percent compared to November.
-
Egypt's Delta Sugar targets 330,000 tons of output this season
Delta has raised its production slightly in recent years as Egypt tries to expand output of sugar beet.
-
1st Egypt-Sudan Business Council meeting tackles private sector opportunities
Egypt prepares for its largest contribution at Khartoum International Fair on 21-28 January.
-
Central Bank of Egypt Pumps $32Mn to Support Stock Exchange
The Egyptian government said the Central Bank had spent EGP500 million from an allocated 20 billion Egyptian pounds to support stock exchange.
-
IMF forecasts Egypt’s economy to record 2.8% growth in FY 2020/21
Egypt's economy was heavily effected by coronavirus pandemic, which took it's toll on tourism, and worker remittances, yet it avoided contraction.
-
Oxford Business Group examines Egypt's response to COVID-19
The CRR provides in-depth analysis of Egypt’s response to the pandemic in an easy-to-navigate and accessible format.
-
Egypt reviews international institutions’ positive evaluation of local economy amid COVID-19
Ministry of Planning and Economic Development on Thursday issued a report that monitors international institutions' positive performance evaluation.
-
Football investment: A profitable but risky business in Egypt, Arab world
Arab investments in major European football clubs started when Egyptian billionaire Mohamed Al-Fayed, owner of Harrods, bought English club Fulham.
-
Egypt’s tourism revenues down 67.2% in 2020
Total of $935bn loss in global export revenues from tourism, over $1.1trn loss in international tourism receipts, says Mohamed Kaoud.
-
Egypt announces measures to promote cultural tourism
One of the most important decisions has been the approval of a 50% discount on entry tickets, available to Egyptians, at museums and sites.
-
2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021
Under a pessimistic scenario, the country’s economy saw an estimated contraction of 2.1% in 2020, to be followed by 7.5% growth in 2021.
-
Egypt’s cabinet allows GASC to co-found shareholding shipping company
The company, Atlantic Pacific Company for Shipping and Trade, will focus on the marine shipping of commodities within Egypt and abroad.
-
Egypt receives 13 new railway carriages in Russian Transmash deal
The agreement between Russian Transmash holding company and Egyptian National Railways (ENR) is worth more than 1 billion euros.
-
Egypt Affirms Stability of Fuel Market
The Ministry said the official price for a gas cylinder remained at EGP65, adding that the market received 2.200 million cylinders daily.
-
Rethinking Egypt Economy
How was Egypt's economy performing and how that changed after COVID-19 hit? What are the options moving forward? MEI paper has an answer to all these.
-
Rethinking Egypt Economy
How was Egypt's economy performing and how that changed after COVID-19 hit? What are the options moving forward? MEI paper has an answer to all these.
-
Egypt, Iraq and Jordan take steps for further cooperation
An Egyptian team to head to the Iraqi Capital in the upcoming weeks to visit industrial sites along with representatives from the Jordanian embassy.
