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Find the latest business news and reports here.
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Trade exchange between Egypt, Bahrain up to $552M in 7 months
The most important items of trade exchange between the two countries include vegetables, fruits, furniture, food preparations and aromatic materials.
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Egypt unveils Pharaonic ‘Rams Road’ at Karnak Temple
Egypt held a grandiose night-time ceremony at Karnak Temple in archaeologically-rich Luxor.
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Egypt, Israel sign MOU to increase gas supplies
Egypt and Israel signed on Thursday a Memorandum of Understanding (MoU) to increase natural gas supplies from Israel to Egypt for re-export.
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Egypt's honey festival provides new marketing, exporting opportunities for producers
Titled Egypt's Liquid Gold, the five-day festival has attracted more than 130 exhibitors from the most prestigious Egyptian and Arab companies.
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Shareholders’ rights intact in Vodafone Egypt deal
NTRA is a regulatory body, and its role focusses on regulating relations among different communication operators.
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Vietnam, Egypt look to beef up trade, investment ties
Vietnamese Ambassador Tran Thanh Cong led a delegation to visit Damietta with the aim to promote cooperation in economy, trade, investment and culture
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Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022
The remarks came during the fourth Egypt Day Conference titled “Shaping the Investment Landscape” organized by EFG Hermes.
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Egypt's economy grew by 9.8% in Q1 FY 2021-22
Egypt expects a GDP growth of 5.5-5.7% in FY 2021-22 that ends in June.
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Egypt participates in global manufacturing summit in Dubai
The fourth Global Manufacturing and Industrialisation Summit (GMIS 2021) kicked off on Monday in Dubai amid the activities of EXPO Dubai 2020.
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Prime Minister urges need for agricultural water reuse
New proposal to reuse agricultural water that aims to save about 2 billion cubic meters.
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Egypt to chair 21st COMESA Summit
The theme of this year’s summit is “Building Resilience Through Strategic Digital Economic Integration,”.
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ICT Minister, Russian trade delegation discuss investments in Egypt
During the meeting, Talaat underlined that Egypt and Russia have strong ties at the political and economic levels.
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Prop-tech startup Lizas launches real estate platform ‘Liza’
Liza mobile application is to be launched in January 2022.The platform and the app intends to attract users inside Egypt and Gulf region and Europe.
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Egyptian bank boards to grant 2 seats for women
The Central Bank of Egypt (CBE) decided that two seats in each of Egypt's bank boards will be reserved for women, CBE Governor Tarek Amer told MENA.
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EBRD approves €250 mln loan to establish Alexandria’s Abu Qir metro line
EBRD’s loan, alongside with other finances, will be utilised to transform Abu Qir’s railway to a green metro line.
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Madar Development invests EGP 22bn in Egypt’s real estate market
Azha project’s total investment cost reaches EGP 6bn.
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Arab Monetary Fund forecasts Egypt's economy to continue to be strong after COVID
The Arab Monetary Fund (AMF) forecasts that the Egyptian economy will continue to be strong after the COVID-19 crisis, the IDSC stated.
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CBE receives 33 bids worth $1.766bn for T-bills tender
Proceeds of latest tender will be directed to pay for previous one worth $1.585bn put forward on 17 November 2020.
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Egypt tightens rules on unvaccinated officials, students
Egypt barred officials and students not vaccinated against Covid-19 from government offices and universities unless they show a negative PCR test.
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Economic reform helped Egypt's economy confront COVID-19
Egypt, unlike many other countries, has faced coronavirus with economic resilience and flexibility that are necessary to confront the pandemic.