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Egypt on the move: Modernizing the transport network
Major developments are underway in Egypt’s transportation systems, including the use of smart technology to connect Cairo to the New Capital.
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Egypt's Speed Medical to set up new firm
It has also rejected the share exchange with City Lab as it will significantly and directly reduce shareholders’ ownership.
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Egypt business community sees South Sudan as promising investment destination
South Sudan may need Egyptian expertise in many sectors, such as health, housing, and education.
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Debt Swap between Egypt and Germany enters third phase
The program with its three phases is now worth 240 million euros.
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Upturn targets $51.19mln in sales at Egypt's Centric Business District development
The development is set to comprise six phases, and encompass a total of 110 units, once completed.
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Egypt, Nigeria agree to exchange information on mineral extraction
Egypt had invited tenders for a gold mining opportunity and is currently examines 11 offers by local and international companies.
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HSBC expects Egypt to build on growth momentum during 2021
The event held at a critical time for the global economy, with countries around the world ending 2020 with increasing COVID-19 cases.
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Mini Egypt launches new Countryman 2021 in local market
The latest MINI Countryman offers a long and varied package of comfort and luxury equipment.
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E-Cig regulations are needed to counter the illicit trade market
As in most countries, in Egypt the illicit trade of e-cigarettes is booming and emerging as a significant problem which demands swift and appropriate.
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JetHQ Adds Egypt to Middle East Footprint
Leading the new sales office in Egypt is Sherif Abouzeid, who has been appointed v-p of sales for Egypt.
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Allianz Egypt logs over 50% growth in profit
The insurer’s non-life business Allianz Insurance Company – Egypt reported 29% year-on-year growth in gross written premium to EGP1.1 million.
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International cooperation raised $7.3bn in 2020
Economic reform, foreign currency surplus and $7.3 billion international funds helped Egypt deal with economic impact of COVID-19.
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Project: Food and table ware
Cairo: Supply of (a) carbonated soft drinks & ice sold tea, (b) table ware items (c) frozen vegetables & pre processed potato.
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Project: Elevators
Cairo: Supply & erection of 28 elevators
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Egypt partakes in World Travel Market in London
The event was held online with the participation of 150 countries, 1,290 exhibitors, 1,355 representatives of tour operators, airlines and unions.
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Egypt: Towards a greener economy
The introduction of new environmental sustainability standards will bring Egypt closer to having a green economy.
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Egypt cuts interest rates
Egypt’s central bank cut its main interest rates by 50 basis points to support an economy badly hit by the coronavirus pandemic.
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10 Things you need to know about Egypt new monorail
Egypt started the works on its first monorail that is set to start running in 2023 and carry around 48,000 passengers per hour.
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Vodafone and Telcom Egypt invest $1.17 billion for spectrum
Vodafone Egypt and TE bought fresh spectrum for a total of $1.17 billion, as both operators push on to upgrade services by boosting their networks.
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GACIC-AHK members express optimism in Egypt business climate
The outlook towards 2021 is rather optimistic. 82% of the participants stated that their current business development is good or satisfying.
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Egypt set to issue its first sovereign Islamic sukuk
The move is part of the finance ministry’s plan to diversify its base of investors who want to invest in governmental financial securities.
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Egypt has largest gaming population at 68%
The MENA region is a fast-growing gaming market that has evolved from casual gaming to virtual reality games and competitive sports.
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Exchange rate liberalisation proves economic boon
Four years have passed since the Central Bank of Egypt (CBE) took a bold decision to liberalise the exchange rate on 3 November 2016.
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Cityscape 2020: It is a wrap!
Cityscape, Egypt’s most influential property exhibition, came to a close on Saturday, with four days of high visitor numbers.
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Egypts largest real estate event opens tomorrow
Leading Egyptian real estate developers ready to showcase a wide range of projects.
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Amlak Finance acquires 16.5% of mortgage finance market in Egypt
The acquisition means Amlak Finance Egypt topped the list of companies in the local market during the second half (H2) of this year.
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Paying export arrears: Egypt’s govt aims to boost sector
A government initiative to pay export-subsidy arrears will help Egypt’s exporters to expand their investments and increase production.
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Trade exchange bet. Egypt, Ukraine hits $2.6B in 2019
Egypt will remain the largest trading partner of Ukraine in Africa and the Middle East.
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Egypt is biggest trading partner of Switzerland in Africa
The current standing of trade between the 2 countries is at EGP 6.9 billion as of Q1 of 2020, maintaining its increasing trend despite the pandemic.
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Four Gold and Platinum Omar Khairat tickets up for grabs for Cityscape visitors
Cityscape, which is supported by Egypt’s Ministry of Housing, Utilities and Urban Communities, will take place from 4-7 November at the EIEC.
