News
-
Egypt to handle 27 million containers by 2030: EIFFA
Suez Canal will be completely transformed into a green canal by 2030, in light of the unprecedented support for the sector by the Egyptian government.
-
E-payment cards surge to 62 million in Egypt as of September 2023: CBE
"Meeza" payment cards accounted for about 55% of the total number of these cards, with 34.5 million cards.
-
Egyptian gov’t gives merchants 10 days to adjust sugar prices: Supply Minister
Egypt's Minister of Supply and Internal Trade Ali Moselhi revealed on Sunday that merchants would be given a ten-day period to regulate prices.
-
Maait: Up to LE768 bn transferred to social insurance authority in 52 months
The move comes in implementation of directives of President Abdel Fattah al-Sisi to support the insurance and pension system.
-
Egypt’s tourism achieved 36% growth rate in October 2023: Tourism Minister
This growth rate is eight times higher than the global tourism growth rate, which stood at 4.5 percent during the same period.
-
Egypt: Canadian Lotus to Explore Gold in Egypt's Desert
Lotus won two rounds of a gold exploration tender by the EMRA in 2020 and 2021 for exploration concessions in a total area of 1,219 square kilometres.
-
Egypt releases $63 billion worth of imported goods with $5 billion remaining in ports
Egypt has released imported goods valued at $63 billion from its ports since the beginning of 2023.
-
Oman, Egypt discuss establishing joint investment fund
This is to inject funds into a number of industries such as agriculture, food manufacturing, and pharmaceuticals.
-
Islamic Banking Transactions in Egypt Increase by 27% in 2023
According to the Egyptian Islamic Finance Association, these transactions reached a total of EGP 562 billion in September 2023.
-
iRead launches first Egyptian e-reading app for smartphones
iRead ebooks is the first Egyptian electronic library that allows readers to browse and explore various books and novels.
-
National Green Hydrogen Strategy gets National Green Hydrogen Council’s approval
The vision of the strategy is to position Egypt as one of the global leaders in the green hydrogen economy.
-
CBE urges banks to join Decent Life Initiative
The initiative also aims to provide a holistic package of services, covering various aspects of health, social and living conditions.
-
President Sisi extends Hassan Abdalla in acting role as Head of Egypt's Central Bank
President Abdel Fattah El-Sisi issued Presidential Decree No. 551 for the year 2023 to restructure the Board of Directors of the Central Bank of Egypt
-
Fawry completes verification process, confirming security of operating systems and financial data
Fawry, Egypt's leading e-payment company, announced the completion of a thorough cybersecurity verification process and infrastructure examination.
-
Beltone achieves record Operating Revenue of EGP957 million in 9M2023, a remarkable growth of 271% YoY
Beltone’s new management embarked on a journey of restructuring and transformation, following the acquisition.
-
Nebu Expo for Gold & Jewelry to kick off on Sunday
The Expo featured 10 international companies from five different countries: the UAE, China, Turkey, Italy, and Germany.
-
Egypt's El Gouna Film Festival to be held with pro-Palestine program
A fundraising dinner is planned to gather donations for humanitarian aid efforts in Gaza in coordination with the Egyptian Red Crescent.
-
CBE launches cash withdrawal from ATMs for InstaPay users soon
This is to support the state’s plan to transform Egypt into a society less dependent on banknotes.
-
Egypt Soars to 3rd Place in Global Outsourcing Confidence Index, Cementing Position as Premier Offshoring Powerhouse
The Offshore BPO Confidence Index 2023 report provides insights into operations across key global outsourcing locations.
-
Egyptian cement firms eye Zimbabwe market
This move comes at a great time, amid acute shortages of the product in the market.