News
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Egypt, EU sign water partnership declaration
The declaration also aims to ensure benefiting from the technological, scientific, and management capabilities of Egypt and the EU.
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Egypt's annual core inflation decelerates by 2.2 percent in November
Egypt's annual core inflation rate decelerated by 2.2 percent in November, recording 35.9 percent, down from 38.1 percent in October.
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Volume of Egyptian exports rise by 19.4% in 2022: CAPMAS
Among Egypt's exports in 2022, finished goods held the highest share at 41.2 percent of the total export value, followed by fuel at 33.5 percent.
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UAE’s BEEAH inks deal to establish waste recycling firm in New Administrative Capital
Under the contract, the two sides will cooperate in several areas, including the establishment and operation of factories to recycle tires.
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Egypt’s ACUD signs agreement with JOBMASTER for restructuring ahead of IPO
Administrative Capital for Urban Development, the operator of Egypt’s new capital, signed an agreement with JOBMASTER for Human Capital Solutions.
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Banking sector sees significant increase in total bank deposits in August, CBE
Government deposits reached LE 2.179 trillion, while non-governmental deposits accounted for LE 7.539 trillion.
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SCZone Receives Ghana Ports to Discuss Cooperation Opportunities
The meeting came on Saturday as part of the delegation’s visit to the economic zone and its affiliated ports to discuss opportunities for cooperation.
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Egyptian government delays sale of Wataniya stations
TAQA Arabia has submitted its bid, and a consortium comprising Shell and a Saudi investor has also presented an offer.
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Egypt forges partnership with World Bank to boost climate-smart agriculture
Egypt’s Ministry of International Cooperation formed a partnership with the World Bank to incentivize innovation in climate-smart agriculture (CSA).
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‘Eight Developments’ is now ‘Town Writers’
With the success achieved by Town Writers in the Egyptian real estate market over the past years, the rebranding signifies a new era in its journey.
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Egypt’s trade deficit hits $3.14B in September 2023: CAPMAS
The report indicates a notable decline in the value of exports, which amounted to $2.94 billion during September 2023.
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MSMEDA bolsters cooperation with Arab, African nations to aid entrepreneurs
Rahmi’s remarks came during his attendance at the summit of African Ministers responsible for emerging enterprises in Algeria.
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Elevating Egypt's energy efficiency: ABB and Ezz Steel lead an engaging panel discussion
The panel discussion was titled "Steel Making: The Paradox of Reducing OPEX and Increasing Efficiency".
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Egyptian Start-up Partment Expands to Greece, Offering Diverse Second Home Co-Ownership Opportunities
Partment, founded in Egypt 2022, has experienced significant success in its home market with its innovative approach to second home co-ownership.
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How Morocco & Egypt reshape UK’s horticultural market after Brexit
This strategic realignment has led to an increase in the proportion of non-EU imports within the UK’s market structure, rising from 47% to 51% by 2022
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Telecom Egypt fined LE 20 million over interruption in Internet services
The NTRA also directed service provider companies to compensate affected customers, in accordance with the general rules for compensation.
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Decline in Flour & Feed Grain Prices in Egypt
Flour prices in the Egyptian markets also saw a decrease of about 200 pounds per ton.
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Egypt to set up yacht manufacturing company as part of yacht tourism promotion
The future company will manufacture, maintain, and export yachts and maritime units. The Suez Canal for Modern Boats will have a value of $5.1 million
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UAE's Beeah sets up new JV to revolutionise Egypt waste management
Aligned with the goals of Egypt Vision 2030, the venture sets a bold target of achieving an 80% landfill waste diversion rate.
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Egypt receives first train to operate on high-speed electric rail network
Egypt has received its first train of its kind to operate on the high-speed electricity network’s first line, stretching from Ain Sokhna to Matrouh.