-
10 things you need to know about Egypt-UAE currency Swap
Egypt and UAE signed on Thursday an agreement for currency exchange, but what does that mean? Here are 10 facts about the agreement.
-
AUC Press to release first ever biography on Sir Magdi Yacoub
In this first authorized biography of its kind, British journalists Simon Pearson and Fiona Gorman document the life of Yacoub.
-
Why you should consider increasing you social ad budget
People are spending more and more time on social networks. That's why billions of advertising dollars are flowing there.
-
How Egypt became Europe's onion lifeline
Prices for onions have surged, leading the Egyptian government to consider an export ban to stabilize local market prices.
-
Top 10 mining companies in Egypt
Egypt has substantial mineral resources, including coal, gold, iron ore, heavy mineral sands, manganese, nitrogen, and phosphate rock.
-
Egypt wins Platinium Award in Digital Health Leadership in Arab World
This comes within the framework of the golden initiative launched by the Arab Hospitals Federation.
-
Egypt Advances Three Spots in Global Innovation Index 2023
Egypt’s ranking has advanced significantly in the Global Innovation Index in the last four years.
-
Egypt signs €54M debt swap agreement with Germany to boost energy sector
Egypt targets a 42 percent boost in its renewable energy mix by 2030 with a €54M debt swap agreement with Germany. The move accelerates previous plans set for 2035.
-
Egyptian steel titan Ezz Dekheila re-buys listed shares for nearly EGP 8.7 bln
Al Ezz Dekheila Steel Alexandria, Egypt's biggest steel manufacturer, has bought 6.95 million of its listed shares from shareholders for EGP 8.69 bln.
-
Chexim extends an $400M additional loan to Egypt's LRT project
The LRT project, initiated by the government in 2014, aims to establish a modern transit system connecting Cairo with urban and industrial communities
-
USAID, ITIDA graduate 3rd cohort of Startups Accelerator Programme in Egypt
The United States Agency for International Development (USAID) has celebrated the graduation of 23 Egyptian startups from the third cohort of its Startups Accelerator Programme in Egypt.
-
Egypt to hedge oil supply during FY2023/2024, finance minister
Egypt engages directly in the oil derivatives market to lock in supplies, becoming a significant market player. An official revealed that Egypt has purchased hedging contracts covering 35% of its expected oil imports.
-
Siemens delivers first of 176 Desiro electric trains in Egypt
These fully electric trains boast a 70 per cent reduction in carbon emissions. according to the rolling stock manufacturer.
-
Huawei announces $430 mln 5-year investment plan for North Africa
The Chinese company Huawei Technologies announced its $430 million five-year investment plan, named “Intelligent Future,”.
-
Egypt aims to double the number of tourists to reach 30 million by 2028
Egypt's Tourism and Antiquities Minister Ahmed Issa says they are seeking to double the number of tourists in the next five years.
-
CBE Governor Discusses with Chinese Counterpart Currency Swap, Panda Bond Issuance
The governor stressed the similarity of views between the two sides regarding the need to enhance joint cooperation.
-
Egyptian businessmen, Japanese officials discuss cooperation
It will also boost the transfer and localization of advanced technologies in production and in the fields of research and development to Egypt.
-
Egypt Splits Investors Over Default Risk After Devaluations
The market is in disarray in navigating what’s become a once-a-decade crisis in the Arab world’s most populous country.
-
Tender project: Supply of cooked & packed meals
The project is for Kafr El Sheikh, and the deadline is on the 10th of October.
-
Global e-payment giant Visa opens new office in Egypt
Global e-payment giant Visa opened a new office in Egypt to support the country’s digital transformation towards a cashless economy.
-
Italy installs six grain storage silos after cancelling $100 mln in debt owed by Egypt
Quaroni explained that $75 million was allocated for a program to develop six advanced technological silos for storing grain in Egypt.
-
UK investments in Egypt reached $21.5B, says Trade Minister
Trade exchange rates between Egypt and the UK have recently significantly improved, reaching almost GBP 3.4 billion in 2022.
-
Samsung-Egypt Aims to Increase Mobile Phone Production to 5 Million Devices Annually
The company's is keen to expand in the Egyptian market as it is one of the most important production and export hubs in the Middle East and the Africa
-
Egypt to launch national strategy for green hydrogen production
Egypt plans to launch a national strategy to become a leading green hydrogen producer and exporter.
-
BP and ENI among the winners in Egypt licensing round
The companies paid $7.5 million in signature bonuses and have committed to investments totalling about $281 million.
-
Luxor Airport to see more flights from Europe in upcoming winter season
Luxor International Airport is set to welcome increased European arrivals during the upcoming winter season, scheduled to commence at the end of Oct.
-
Agriculture Min.: Food Security in Arab World Requires New Mechanisms to Boost Productivity
He pointed out that the meeting of Arab agricultural ministers is discussing ways to activate joint Arab agricultural action.
-
Egypt and Croatia Sign Agreement to Prevent Double Taxation
Egypt and Croatia have signed a double taxation agreement aimed at enhancing economic, trade, and investment relations, according to Finance Minister, Mohamed Maait.
-
Marsa Alam airport scheduled to receive 27,000 tourists in a week
The Marsa Alam airport receives flights throughout the week from 11 European countries including Germany, Italy, Poland, and the Czech Republic.
-
AIIB’s 8th meeting concludes in Egypt with call for climate financing innovation
The eighth annual meeting of the Asian Infrastructure Investment Bank (AIIB) concluded on Tuesday with a call to expand public-private partnerships.
