1
2
3
4-
World Bank sees Egypt economy growing 5.8% in 2019/20
This estimate is marginally lower than the government’s target of 5.9% but in line with the bank’s expectation six months ago.
-
Egypt renews import duties on steel rebar, iron billets
The trade ministry originally imposed the tariffs in April.
-
3.5 million Workers to enter the labor market in Egypt
Based on an International Monetary Fund report, Egypt"s macroeconomic situation has enhanced notably.
-
Egypt's trade deficit declines by 18.9 percent in June
CAPMAS said that exports decreased by 5.7 percent to reach $2.22 billion in June 2019, compared to $2.35 billion during the same month of 2018.
-
Egypt ranks 93rd in Global Competitiveness 2019
Egypt climbed 1 rank in 2019 up from the 94th in this version of the report released annually by the World Economic Forum.
-
Egypt key market for Henkel in MEA region
The Egyptian government is supporting national industries to enhance exports which will generate a positive return for the economy.
-
Egypt discussing possible new IMF cooperation
Egypt is discussing possible further assistance from the IMF to help it carry out structural reforms once its current three-year IMF programme ends.
-
Renewable power sector in Egypt needs support
Egypt is the heaven of renewable energy with solar and wind power capacities but the sector needs more dedication from public and private officials.
-
UK companies to increase investments in Egypt
Minister Sahar Nasr called on British companies to increase their investments in Egypt which have reached $47.8 billion through 1,871 companies.
-
Egypt's non-oil business activity contracts again in Sept
Egypt’s non-oil private sector has seen growth in only two of the past 12 months, April and July.
-
Egypt's tax authority denies 30% increase in car taxes
Egypt’s vehicle sales dropped by 5.2 per cent year-on-year in February to reach 10,857 vehicles, down from 11,454 vehicles last year.
-
CBE authorises 28 banks to provide mobile payment services in Egypt
ubscribers reach 13.5 million by end-June, with a total value of transactions of EGP 20bn as of September.
-
Egypt operator owed $7.7 million by Thomas Cook
Thomas Cook, the world’s oldest travel firm, collapsed last week, sparking a major tourist repatriation effort and a scramble for survival.
-
Gaming Market in Egypt: The State of Play
It’s perfectly possible that interest in gambling among Egyptians has been developed in line with video games.
-
Egypt implements 6,200 projects for EGP 490 bln
They also include 34 projects for the development of Upper Egypt, costing EGP 222 million.
-
Sisi orders accelerating reforms of business sector companies
President Sisi's remarks were made during his meeting with Prime Minister Mostafa Madbouli and Minister of Public Business Sector Hisham Tawfiq.
-
Do you have a Digital Wallet?
Digital Wallets are safer, easier and more organized as a method of payment, that is currently spreading across the region.
-
Egypt's economy is diversified, receives large amounts of FDIs
Rand Merchant Bank stated that Egypt, SA, and Morocco maintained their positions as the top 3 in 2020 investment attractiveness in Africa.
-
Trade Exchange Between Egypt, US Hits $5.3 Billion in 7 Months
The Egyptian petroleum exports to the US increased to $662.9 million from January to July.
-
Egypt ranks 65 in tourism competitiveness
Egypt climbed 9 places in the World Economic Forum's index from 74th place last year, making it the top improved rank in the MENA region.
-
ICEC to launch 5th round this October
The Middle East and Africa’s foremost smart and sustainable cities event is set to take place this year 23-24 October 2019 in Cairo, Egypt.
-
Egypt now has the first LG integrated campus
This new campus includes a training academy, a display store for artificial intelligence (AI) products, and many administrative offices.
-
Egypt expects several share offerings by end of year
Egypt promised to sell minority stakes in several state companies in late 2018 but postponed the offerings following emerging market turbulence.
-
NTRA, Orange, Vodafone and Etisalat reach deal
They want to settle the legal battles between telecom operators over interconnection tariffs that have persisted for the past ten years.
-
Egypt's economy to grow by 8% annually by 2022
Egypt expects its economy to grow by an annual rate of 8% by 2022 as the government improves the investment climate.
-
Egypt inflation lowest since 2013
Inflation rates slowed to almost 4.9% annual rate in August. Despite interest rate cuts, Egypt is becoming more attractive for investors.
-
Egypt’s Fawry eyes UAE deal, Saudi and Kuwaiti markets
"We hope to enter the Saudi and Kuwaiti markets in 2020," managing director Mohamed Okasha said.
-
Global Telecom Holdings delisted from Egypt's Stock Exchange
Global Telecom Holdings (GTH), which operates Djezzy in Algeria, has been delisted from the Egyptian Stock Exchange.
-
Tourism Ministry announces int'l marketing and promotion partnerships
The Ministry of Tourism is launching a global tourism campaign to showcase the modern and dynamic face of the country.
-
Egypt’s petroleum minister advocates business over politics in gas-rich East Mediterranean
“I think that energy and, specifically now, gas is very important,” Tarek el Molla told CNBC’s Hadley Gamble at the World Energy Congress in Abu Dhabi
