News
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Finance Ministry, AWIU partner to enhance Arab-African investments
Egypt, under this agreement, will actively encourage investors to establish joint projects in sectors that are of national importance.
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Egypt approves building new private free zone in Ain Sokhna
Egypt has approved the construction of a new private free zone in Ain Sokhna to produce feldspar and silica-free bio-quartz and lapitec panels.
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Egyptian Customs Authority aims to activate system enhancing continental free trade movement
The Egyptian Customs Authority (ETA) focuses on activating a system that facilitates the movement of continental free trade.
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Egypt's annual core inflation decelerates 1.6 percent in October
Egypt's annual core inflation rate decelerated by 1.6 percent in October, recording 38.1 percent, down from 39.7 percent in September.
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Banque du Caire launches electronic signature service for companies, financial institutions
Tarek Fayed, Chairperson and CEO of Banque du Caire, highlighted the importance of this step in providing banking services to the bank’s clients.
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High interest rates impact car purchases in Egypt: Dr Greiche CEO
Greiche urged to encourage distribution after seeing the market to support suppliers for long-term success.
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Taly to launch corporate payment platform next month: CEO
Taly, a company that specializes in digital payment solutions backed by Banque du Caire, is planning to launch a new platform for corporate payments.
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Egypt “exporting center” for African countries: Nissan
This came during the events of the African Automotive Forum, held on the sidelines of the Intra-African Trade Fair hosted by Egypt.
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Government plans to sell HHD to strategic investor
The evaluation process has estimated the HHD’s value at around EGP 20bn, while the current market capitalization of the company is about EGP 15.9bn.
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How can we keep the Egyptian furniture industry flourishing?
Furniture manufacturing in Egypt is facing compounding issues that are challenging the centuries-old industry.
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Expectations of unprecedented inflation in Egypt
The Central Agency for Public Mobilization and Statistics is scheduled to release inflation data for October on Saturday.
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Egypt signs four agreements for local car assembly
Egyptian government and auto manufacturing entities signed framework agreements with three local companies to cooperate in domestic car assembly.
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Lonely Planet names Egypt the best tourist destination for 2023
They also agreed to organize joint tourism programs to increase tourist traffic coming from a number of major tourism markets.
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Egypt's sovereign fund to complete historic hotels sale by year-end
The hotels, among Egypt's grandest, are the Cataract in Aswan, the Winter in Luxor, the Mena House in Cairo and the Cecil in Alexandria.
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Abdel Ghaffar: Egypt one of key vaccine producers in region
The health ministry seeks to up the production capacity of the Holding Company for Biological Products and Vaccines (VACSERA) to meet local needs.
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Egypt’s Billion-Dollar Museum Is Getting Ready to Open
After 20 years and a billion dollars, the Grand Egyptian Museum (GEM) will soon be ready to welcome visitors, according to a report by CNN.
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Egypt reveals efforts to provide medical services at state expenses
The Egyptian Ministry of Health and Population revealed its efforts over the past two years to provide medical services at state expense.
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Intra-African Trade Fair 2023 kicks off in Egypt
Egyptian Minister of Trade and Industry Ahmed Samir inaugurated the third Intra-African Trade Fair in Cairo which takes place between 9 and 15 Nov.
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Egypt breaks garlic export record to EU. Much more challenges ahead
From January to August of this year, Egyptian garlic suppliers sent almost 9 thousand tons of this product to the EU countries.
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Chinese firms aspire to expand business networks at Egypt's transport expo
The fifth Smart Transport, Logistics, Infrastructure, and Traffic Fair and Forum for the Middle East and Africa was held in New Cairo from Nov. 5 to 8