Egypt has lost about $150 million in Suez Canal revenue due to ongoing Red Sea disruptions, according to Bloomberg’s Chief Emerging Markets Economist
23.01.2024
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News by
Ahram Online
This came in line with Cabinet decisions, which exempted travelers from paying customs duties and other associated charges.
23.01.2024
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News by
Egypt Today
The head of the $6 billion Mansour family empire was once penniless. Now he’s on top of the world.
23.01.2024
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News by
forbes
Egypt signed an agreement with Italy for cargo transport through the roll-on/roll-off (Ro-Ro) system capacity of 420 trucks every week.
23.01.2024
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News by
Ahram Online
Egypt-based edtech Edura, has completed an undisclosed pre-Seed funding round led by Smart Zone Startups Studio and angel investors.
23.01.2024
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News by
Wamda
The Central Bank of Egypt (CBE) has secured membership in the Organization of Islamic Cooperation's Computer Emergency Response Teams.
23.01.2024
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News by
Ahram Online
Global credit rating agency Moody's has expected the International Monetary Fund (IMF) to increase its existing $3 billion loan programme for Egypt.
23.01.2024
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News by
Ahram Online
This support will reach approximately LE 3 billion by the end of FY 2023/2024, compared to EGP 723 million in FY 2017/2018.
23.01.2024
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News by
Egypt Today
President Abdel-Fattah El-Sisi affirmed Egypt's keenness to play a major role in the international clean energy transition, which will benefit Egypt.
23.01.2024
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News by
Ahram Online
Schneider Electric is discussing with Khaled Fouda, the governor of South Sinai, about building a group of solar power projects.
23.01.2024
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News by
Ahram Online
Saudi Islamic Al-Rajhi Bank, one of the biggest banks in the country, suspended transactions in Egyptian pounds across all of its branches.
23.01.2024
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News by
Ahram Online
Egypt and Russia signed a cooperation agreement in 2015 to establish a nuclear power plant with an investment cost of USD 25 billion.
22.01.2024
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News by
Egyptian Streets
Egypt’s financial year starts in July and concludes in June, meaning these figures cover the first six months of the country’s spending plans.
22.01.2024
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News by
Arab News
The IMF visit coincided with a new report by Moody’s, revising its outlook on Egypt from “stable” to "negative."
22.01.2024
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News by
new arab
(CIB) has issued new premium certificates of deposits (CDs) that offer a fixed monthly yield of up to 22 percent.
22.01.2024
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News by
Ahram Online
From January to October 2023, Egypt exported more than 70 thousand tons of fresh table grapes to the EU.
22.01.2024
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News by
East Fruit
Cairo-based direct-to-consumer (D2C) beauty and wellness startup, Mira, has raised $200,000 from Wingoo Investment and Technology.
22.01.2024
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News by
Wamda
The minister pointed out that while Egypt received 3.6 million tourists during that period, the number plummeted in other countries by 50 percent.
22.01.2024
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News by
Egypt Today
Octane, the leading fleet management and digital fuel payments startup, facilitated EGP 1 billion in fuel sales in the first year of operations.
22.01.2024
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News by
Ahram Online
This came as part of Madbouly visit on Saturday 20/01/2024 to a number of projects in Aswan.
22.01.2024
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News by
Egypt Independent