Latest news
-
Egyptian potatoes gain access to the Moroccan market
The agricultural sector has shown significant growth, with exports in the first quarter reaching over 2.2 million tons, valued at around $1.5bn.
-
Egypt’s inflation eases to 33.3% in March following float of the EGP
Now that the EGP is trading in banks for considerably less than on the parallel market before the float, inflationary pressures have begun to ease.
-
Middle East 'leading world travel industry boom in 2024'
Egypt has reached new heights in its tourism sector, with a record $15 billion in tourism revenues in 2023 and 40% increase already in 2024.
-
EgyptAir suspends flights to and from Jordan, Iraq and Lebanon
EgyptAir stated that in the event of any inquiries, customers can communicate by calling the EgyptAir Etisalat Service Center at 1717 from mobile.
-
Egyptian solar set to expand beyond the massive 1.8 GW Benban PV project
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country’s solar potential.
-
Egypt's garment industry exports up 25 per cent in first two months of 2024 Text copied from https://tvbrics.com/en/new
Profits from overseas shipments of goods produced by the industry reaching US$464 million compared to US$371 million in the same period of 2023.
-
Egypt aims to procure 3.5 million tons of local wheat
The minister emphasized that farmers and suppliers will receive their dues within 24 hours of supplying the wheat quantities.
-
Egypt's Fawry private offering 15.9 times oversubscribed on stock exchange - statement
Investment bank EFG Hermes said the share price was 6.46 Egyptian pounds ($0.3874) per share.
-
Egypt’s cigarette prices see increase starting Sunday
The Cleopatra box with 10 now costs 24.5LE, while the King Size is at 34.5LE.
-
Tanker stranded in Gulf of Aqaba moved to Egyptian port, sources say
A gas tanker that was stranded in the Gulf of Aqaba has been successfully moved away to a port in Egypt's Sinai Peninsula.
-
Egypt’s strawberry boom in Kazakhstan: exports up 100 times since 2018/19
Egypt made a remarkable entry into the ranks of major suppliers of fresh strawberries to Kazakhstan, securing the third spot.
-
Egypt’s foreign reserves jump to $40.36 billion in March
This reflects a growth of approximately 14.4 percent compared to the previous month’s figure of $35.31 billion.
-
EU pledges Egypt €1 billion in financial aid
The 1 billion euros in short-term aid is part of a bigger package worth 5 billion euros in loans, the statement said
-
Seven integrated logistics corridors to be established across Egypt
The move comes as part of State's Sustainable Development Plan 2030 to turn Egypt into a regional hub for transport and logistics.
-
Egypt keen on providing expats with investment opportunities at home
The Ministry of Emigration launched a campaign to clarify the importance of promoting the role of the Egyptian state and efforts to boost investmets.
-
Egypt released $8 bln in imported goods since March: Finance minister
Minister of Finance Mohamed Maait said Egypt released imported goods worth $ 8 billion between March and April 2024.
-
Egypt's MoMP nearing TOT agreements with Thales Group?
The Egyptian Minister of State for Military Production Mohammad Salah El-Din met with representatives from Thales Group on 6/4/2024.
-
Everything you need to know about the new 85% CD from ABK-Egypt
The Al Ahli Bank of Kuwait – Egypt on Tuesday announced the launch of a three-year certificate of deposit with an interest rate of 85 percent.
-
Egypt consults with the EU to finance the electricity connection with Greece and Italy
The goal is to connect the Egyptian electricity grid to the European one and provide clean energy to Europe.
-
Egypt to import more soybeans
Egypt is the largest importer of soybeans in the Middle East and North Africa, producing only an estimated 85,000 tonnes, or less than 3% of demand.