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14th African Economic Conference kicks off in Sharm El Sheikh
More than 12 million young Africans migrate from their country to look for work, says Charles Lufumpa.
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Vietnam, Egypt look to strengthen trade, investment connectivity
Ambassador Tran Thanh Cong recalled Vietnam’s social and economic achievement recorded over the past 30 years, highlighting that bilateral cooperation
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Egypt to Introduce Taxes on ‘Digital Economy’ Soon
The law is currently being prepared and measures are being taken to impose a tax system on e-commerce, online advertising, and social media websites.
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Tarek Amer term extended till 2023
The first term of Amer saw him steer the country away from shortages through a devaluation to become the fastest growing economy in the region.
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Vodafone named Egypt’s first VMware cloud provider
Vodafone will offer diverse VMware cloud services, such as Infrastructure-as-a-Service, as well as fast and seamless access to cloud services.
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Egypt elected to 40-member council of International Maritime Organization
Egypt was elected to be among Category C countries of the council.
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Egyptian businessmen mull enhancing trade exchange with Greece
They also mulled establishing an Egyptian-Greek chamber of commerce to enhance trade exchange between the two countries.
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Vodafone Egypt invests $2.8bln in 21 years
Curtil praised the Egyptian government’s efforts to ease the barriers in the face of investments.
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Egypt- Banque du Caire inaugurates two business development centres
The initiative aims to encourage young people to establish successful projects and support small projects in the informal sector.
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Georg Fischer to enter gas and water distribution Market In Egypt
GF piping systems announces a new joint venture with Dubai's Corys investments and Cairo's Egypt Gas.
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Egypt 8th safest country in the world
Egypt jumps up 8 places to be the 8th safest country in the world, beating USA, UK and most of Europe in Gallup’s report while expats ranked it at 52.
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CBE auctions EGP 18.5 bln in treasury bills
The CBE said it auctioned the first batch of EGP 9 billion for 91 days and the second at EGP 9.5 billion for 273 days.
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Egypt signs $430m gas deal with Texas’ Noble Energy
The agreement requires the partner to pump natural gas through the East Mediterranean Gas Company's pipeline.
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Egypt, Nile basin trade increased by 25.4% in 2018
Sudan ranked first in terms of exports, with a value of dlrs 399.3 million in 2018, representing 33.3 percent of the total trade volume.
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Egypt, Oman inaugurates joint business council
During the ceremony, some topics were discussed including the possibility of linking the ports of Oman's Sohar and Egypt's Suez.
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Online business trends in 2020
Payfort has selected the biggest 4 trends that are expected to influence e-commerce and what you need to invest in in 2020.
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Egypt one of the fastest-growing economies: Davos forum chairman
The chairman of the Davos forum praised Egypt's progress, especially the economic and legislative reforms that contributed to improving investment
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Egypt issues longest-term international bond with maturities of 40 years
Egyptian Finance Minister Mohamed Ma'eet said that Egypt has returned to the international bond market by issuing 2 billion dollar bonds in 3 tranches
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Empire Aviation launches aircraft management services in Egypt
Empire Aviation has launched aircraft management services in Egypt and inducted the first aircraft - a Bombardier Global 6000 (G6000) business jet.
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Egypt's unemployment goes up by 0.3% in Q3 2019
The unemployment rate dropped to 2.2 percent in Q3 of 2019, compared to the same period of the previous year 2018, the CAPMAS said.
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Egypt's textiles salvage plan reveals backing for state sector
The government has placed it at the center of an ambitious plan to rescue loss-making national firms in the once-thriving textiles sector.
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UAE, Egypt to set up $20bn joint investment platform
The investment platform will be run through Egypt’s newly established sovereign wealth fund and Abu Dhabi Development Holding.
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Luxor prepares for Christmas celebrations
Occupancy rates of floating and fixed hotels in Luxor are expected to reach 100 percent.
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Former Cairo, Egypt resident wins 2019 Elkford business awards
The Elkford Drug Store owner is the recipient of the 2019 Elkford Business of the Year.
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Egypt's trade minister opens fourth Destination Africa exhibition
Around 150 exporters and 230 buyers from the United States and European Union took part in the exhibition.
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Egypt’s inflation lowest in nearly a decade
The annual inflation rate was 2.4 percent in October, compared with 17.5 percent a year earlier, according to CAPMAS.
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Ministry of tourism receives World Travel Market award
The Global Leaders Award for "Outstanding Contribution to the Industry" is more good news for Egypt's tourism sector.
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Egypt top country in app growth
In the comprehensive Adjust report, Egypt scored quite high on almost all categories of apps and retention whether gaming or entertainment.
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64% of Egypt's businesses are more optimistic about future in the market
The latest HSBC ‘Navigator: Now, next and how’ survey of over 9,100 companies in 35 countries found that 64% of businesses in Egypt are optimistic.
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Mountain View debuts first business park in Egypt
Mountain View announced the launch of Heartwork project, the first business complex in Egypt, in the heart of New Cairo.
