News
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The time will come for Egypt to export its tomatoes
Egyptian tomatoes are exported to the Gulf countries, North Africa, and, to a lesser extent, Europe, where Morocco is the lead exporter.
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Crédit Agricole Egypt posts strong profit growth in first nine months of 2023
The bank's net profits after tax soared to EGP 3.80 billion, marking a remarkable year-over-year leap of 137.19%.
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Zahraa Maadi reports 1.3% YoY profit uptick in 9 months: Egypt
The listed firm is involved in the construction and development of residential and commercial buildings.
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Libya, Egypt discuss cooperation in e-learning
, Al-Magarif proposed developing a common technical framework to ensure the equivalence of certificates accredited in both countries.
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Franchising in Egypt: Navigating the Legal Terrain for International Brands
Egypt, distinguished by its unique blend of historical depth and modern evolution, has progressively emerged as an attractive landscape for franchise.
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Defying the odds to thrive in Egypt’s bookselling business
Egyptian author Nadia Wassef and her partners, owners of Diwan, defy the odds to pioneer a new way of bookselling and invigorate the reading culture.
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Egypt’s total budget deficit hits 3.2% of GDP in two months
Egypt’s total budget deficit reached 3.2 percent of GDP or more than EGP 383 billion ($12.4 billion) during the first two months of FY23/24.
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Kuwait extends $4 bln deposit at Egypt’s central bank
Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves.
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Dahab Masr, Kash Now to offer gold purchasing online
Dahab Masr has entered into a strategic partnership with Egypt-based digital payment provider Kash Now to facilitate gold purchasing through the app.
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Egypt, Volkswagen sign agreement to study building automotive zone in Port Said
Egyptian state entities signed an agreement with German automobile manufacturer Volkswagen to conduct a feasibility study for East PortSaid Zone.
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Egypt to establish company to invest in expatriate funds by 2024
The new company is one of the demands made by expatriates, and aims to invest in major Egyptian projects and national projects.
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World Bank awards Egypt for fostering economic competition
Egypt was awarded by the World Bank for its outstanding Strategy for Competition Policies and Competitive Neutrality.
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Ministry of finance partners with international banks to secure $500m
The primary objective of this partnership is to implement health and educational projects.
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Subsidiary of Egyptian energy TAQA Arabia opens first natural gas station in Tanzania
TAQA Dalbit, a subsidiary of Egyptian energy company TAQA Arabia, opened in Tanzania the country’s first natural gas fueling station and conversion.
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Fresh Fish Market ‘Marinella’ Lands in Egypt's El Gouna
Founded by lifelong fisherman Fady El Daba, Marinella offers the freshest catches, sourced directly from their family-owned vessel in the Red Sea.
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InstaPay to potentially launch remittance services in Jordan, UAE and Saudi
The CBE is still studying whether remittances transferred via InstaPay will be credited to Egyptian accounts in local or foreign currency.
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Abou El-Enein: Establishing Africa50 Company "Opportunity to Boost Cooperation with Continent
Abou El-Enein stressed the need to maximize benefit from specialized studies on developing new projects related to the African continent.
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Egypt's New Administrative Capital Company set to award planning for 2nd phase next month
ACUD is poised to announce the winner of the bid for the planning of the second phase of the new capital within the next month.
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Up to 133 European flights to arrive in Marsa Alam this week
The weekly arrival schedules revealed that these flights include Germany, the Czech Republic, Italy, Poland, Belgium and the Netherlands.
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Egypt, Saudi Arabia pen MoU to boost cooperation in financial policies
The MoU includes the launch of a high-level dialogue between the ministries of finance.