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2021-2022 draft budget handed to president for review
The budget aims to support investments, especially in projects that offers support to rural areas and cater to the development of Upper Egypt.
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Audio app Clubhouse now in Egypt
The new audio-app Clubhouse finally arrived in Egypt. Egypt Business Directory will host a session on digital marketing in Egypt next Saturday 11 am
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Rameda considering majority share in GSK Egypt
Rameda submitted a non-binding letter expressing interest to acquire more than 90% of GlaxoSmithKline Egypt.
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Egypt Digital in 2021 report
All the info needed for advertisers and marketers to understand the Egyptian market and its trends to plan their campaigns here!
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New project for China in Egypt New Administrative Capital
The New Administrative Capital was due to open in 2020, however, due to the COVID-19 pandemic, the opening was postponed to June 2021.
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Siemens to establish an electric railway in Egypt
The German giant signed an MOU to establish the 1000kms railway line. The 1st stage will link Red Sea and Mediterranean.
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Egypt, Iraq and Jordan take steps for further cooperation
An Egyptian team to head to the Iraqi Capital in the upcoming weeks to visit industrial sites along with representatives from the Jordanian embassy.
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Covid-19 pandemic changes Egypt economic priorities
Green economic practices, sustainability and the digitization of the economy are now among the top priorities for Egypt.
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Egypt’s poverty rate declines for the 1st time in 2 decades
The current rate stands at 29.7% down from 32.5% two years ago.
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Debt Swap between Egypt and Germany enters third phase
The program with its three phases is now worth 240 million euros.
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International cooperation raised $7.3bn in 2020
Economic reform, foreign currency surplus and $7.3 billion international funds helped Egypt deal with economic impact of COVID-19.
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10 Things you need to know about Egypt new monorail
Egypt started the works on its first monorail that is set to start running in 2023 and carry around 48,000 passengers per hour.
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Cityscape 2020: It is a wrap!
Cityscape, Egypt’s most influential property exhibition, came to a close on Saturday, with four days of high visitor numbers.
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Egypts largest real estate event opens tomorrow
Leading Egyptian real estate developers ready to showcase a wide range of projects.
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Egypt is biggest trading partner of Switzerland in Africa
The current standing of trade between the 2 countries is at EGP 6.9 billion as of Q1 of 2020, maintaining its increasing trend despite the pandemic.
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Four Gold and Platinum Omar Khairat tickets up for grabs for Cityscape visitors
Cityscape, which is supported by Egypt’s Ministry of Housing, Utilities and Urban Communities, will take place from 4-7 November at the EIEC.
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Top 5 tech trends in 2021
COVID-19 might have acted as a catalyst to technological trends that were already in progress, pushing them to have a bigger role, faster.
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Egypt annual inflation rate in decline
The inflation rate projected by the end of this quarter due in November is about 5% while the rate expected for the next 2 fiscal years stands at 6%.
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Egypt on its way to petroleum self-sufficiency by 2023
President AbdelFattah El-Sisi inaugurated on Sunday a new hydrocracking complex expected to save up to $1 billion in petroleum imports.
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10 Things Goldman Sachs said about Egypt economy
What will CBE do about interest rates? Goldman Sachs predicted it in their new report where they hailed Egyptian economy as a strong emerging market.
