News
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Egypt could apply flexible exchange rate by end of 2023: MP
The Central Bank of Egypt is considering implementating a flexible exchange rate policy by the end of 2023.
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Golden Triangle development project is a vital national project, PM
The meeting emphasized the Safaga region, prioritizing it as a crucial phase in the Golden Triangle Economic Development Project.
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Agriculture Min. Reveals Price of Giza Zoo Ticket after Development
The state has been keen, since studying the development plan, to ensure that zoo tickets remain accessible to all classes.
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Egyptian women top Forbes Middle East’s list
Egyptian women topped Forbes Middle East’s list of 50 Women Behind Middle Eastern Brands 2023.
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France to provide nearly $2 mln to women-owned micro-enterprises in Egypt
The French Development Agency (AFD) will provide EGP 60 million ($1.94 million) to fund women-owned micro-enterprises in Egypt.
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Cairo Hosts Intra-African Trade Fair 2023 (IATF2023) Business Roadshow
IATF is playing an instrumental role in boosting and promoting trade and investment opportunities between Egypt and the rest of Africa.
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Egypt's Exports of Fertilizers to Various Countries Grew by 42%
The first round of the Agro Egypt exhibition, under the strategic sponsorship of the Export Council for Chemical Industries from 9-11 July.
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Egypt to establish 6 complexes to extract gold in Eastern Desert
The government-affiliated Shalateen Mineral Resources firm is working to establish these complexes.
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About 13,331 foreigners have work licenses in Egypt
About 13,331 foreigners from various countries obtained working licenses, topped by the Chinese, Indian and Syrian workers.
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25K jobs in massive commercial area on Cairo-Alex agr. road
Some 25,000 job opportunities will be available in a massive commercial area on Cairo-Alexandria agricultural road at L.E. 10 billion in investments.
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Minister of Solidarity: Number of Beneficiaries of "Takaful & Karama" Rose to 4.6 Million Families
Dr. Nevin Al-Kabbaj, Minister of Social Solidarity, expressed her appreciation for the effort made by the Ministry's employees in developing families.
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GICs enable banks to stay competitive in fast-paced world: Mashreq’s MGN Egypt Head
GICs, also known as Global Capability Centers, are specialized entities established by companies in various locations around the world.
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Egypt's digital exports to hit $5.5 bln in FY2022/23
Egypt's digital exports are projected to reach approximately $5.5 billion in the FY 2022/2023, up 12.2 percent from $4.9 billion in FY2021/2022.
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Egypt intends to sell 25-30% stake in MIDAR to strategic investor
It was reported in May that Egypt targets collecting additional proceeds of EGP 70 billion from its IPO program in the fiscal year (FY) 2023/2024.
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Egypt's Commercial International Bank secures $250 mln loans from IFC
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC).
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Giza Zoo development plan to kick off Sunday
The plan intends to improve the efficiency of all Giza Zoo’s services, maximize the use of its components while protecting its archaeology.
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Agricultural Bank of Egypt, MSMEDA sign financing contract worth EGP 60m
Egyptian Family Development Initiative aims primarily to improve population and control its growth rates.
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Egypt: Ezz Steel moves to losses in Q1
Ezz Steel is an Egypt-based manufacturer and trader of steel and related products.
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Actis favorite to acquire 580-MW Egyptian Red Sea wind farm
Emerging-market private equity giant Actis is in line to acquire the state-owned 580-MW Gabal El Zeit wind farm
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Egypt to Spend EGP4.8 billion to Renovate Its Museums, Temples
The decision is part of Egypt’s plan recently approved by the Tourism and Antiquities Ministry to increase tourism numbers to 15 million this year.