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Cairo-based Swvl raises $42 million
Started just two years ago, Swvl has now raised close to $80 million so far which makes it one of the best-funded startups of the region.
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Egypt can achieve growth rates over 5%
Mohieldin told MENA that achieving growth rates is linked with investments in the field of human resources and infrastructure.
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Google expands its team in Egypt: Cattaruzzi
Google will work with the Ministry of Investment in the fields of entrepreneurship, small and medium-sized enterprises, and education.
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Egypt population to reach 160m by 2050
The world to reach 9.7bn people by 2050 and 11bn by the end of the century led by India, Pakistan, Nigeria, Ethiopia and Indonesia.
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Egypt’s GASC pays $15/mt less on year as it books first new crop
Egypt's state buyer GASC booked 120,000 mt of wheat volumes from Black Sea origin for July delivery, paying $14.98/mt less for the first batch.
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Egypt top single projects market with $300bn developments
Egypt’s largest construction event, The Big 5 Construct Egypt 2nd edition will be held 2-4 September in the EIEC.
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Egypt in $500 million settlement with Israel Electric Corp
Under the agreement, Egypt will pay the amount over a period of 8-1/2 years in exchange for the Israeli company dropping all other claims.
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Trade exchange bet. Egypt, China hits $13.8B in 2018
Trade exchange between Egypt and China recorded $13.8 billion, according to the latest economic report on Egyptian-Chinese trade & economic relations
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Egypt is worlds 2nd flexible emerging economy
The Bloomberg report placed Egyptian economy 2nd after Philippines out of 21 emerging economies in flexibility against global trade wars.
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Vodafone Egypt fined 500,000 euros for coverage outage
Vodafone is the leading provider in Egypt, according to official figures, servicing 40 million of the country's more than 100 million mobile phones.
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MIIC discusses boosting cooperation with Japan
Earlier on 30 May, Egypt and Japan signed a grant agreement of EGP 7.5m to support the Egyptian education reform project and Egyptian-Japanese schools
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Oman Air launches direct flights to Alexandria, Egypt
Direct flights to the airline’s 53rd destination commenced from 31 May, 2019.
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Egypt's finance ministry auctions EGP 18 bln in T-bonds
Egypt's Ministry of Finance auctioned on Sunday treasury bills at a total value of EGP 18 billion.
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G20 says worsening trade wars pose risk to world economy
The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy.
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Cairo Technology Week is almost here!
Egypt’s most exclusive technology event gathers global technology providers to deploy tomorrow’s technologies today set to launch 17-19 June.
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Indonesian business delegation to visit Egypt this year
An Indonesian business delegation will visit Egypt on September 15 and 16 to seek opportunities of cooperation and investments between both countries
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Egypt unveils promotional tourism campaign in Arab market
The promotion campaign includes huge outdoor banners in the UAE and Saudi Arabia which work in parallel with an online campaign on social media.
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Egypt brings views closer in WTO discussions
Egypt suggested linking increasing transparency and enhancing technical assistance developing countries receive to help them implement WTO guidelines.
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Project: Electric signaling systems
Supply of the required electric spare parts for the electric signaling systems serving the (modern) railway crossings
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Project: Rehabilitation/ replacement of a potable water pipeline
Rehabilitation/ replacement of a 1,500 mm. diameter potable water pipeline starting from Mostorod potable water station till the west of Railway line
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Project: Supply of bulk bauxite
Request of offers from companies & agents to supply 4,000 tons of bulk Chinese bauxite of 3.27 gm /cm³ minimum in one shipment
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10 things we know about Egypt-Cyprus electricity deal
The agreement is part of a big project to make Egypt an Energy partner of the EU and an energy hub in the region.
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Egypt - Cyprus electricity connection agreement signed
The agreement is for the construction and commissioning of the EuroAfrica Interconnector which will interconnect the electricity networks.
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What comes after Egypt's agreement with the IMF concludes?
As Egypt’s current agreement with the International Monetary Fund is set to end soon, many are asking what comes next.
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Egypt- Four women challenge male-dominated food market in Ramadan
There's no better chance to gather with friends and relatives than for Iftar or Suhoor (the meal before fasting) to enjoy the spirit of the month.
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What you don't know about Zanket el-Setat market
It is one of the most attractive markets in the country. The market’s visitors are individuals from different social classes.
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HotSports wins Egypt 2019 AFCON marketing rights
It said the deal would be sealed with the Nigerian Television Authority at a signing ceremony in Abuja today.
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UK's new Middle East minister hails improvement of Egypt's economy
The UK is keen on boosting cooperation with Egypt in all domains, Murrison said.
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3.7% growth in trade exchange with South Africa
Egypt's exports to South Africa have increased to 105.4 million dollars during 2018 compared with 98.7 million dollars in 2017.
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IMF reaches deal with Egypt unlocking final $2 billion in aid
The IMF said the central bank’s aim of reducing inflation to single digits in the medium term would help to further strengthen macroeconomic stability
