News
-
Egypt establishes a new Suez Canal holding company to boost national economy
The Suez Canal, which is run by the SCA, is one of the country's primary sources of foreign currency.
-
President al-Sisi arrives in Angola at beginning of three-leg African tour
President Abdel Fattah al-Sisi arrived in Luanda, the first stop in his three-leg African tour which includes Angola, Zambia and Mozambique.
-
Careem grows Engineering Hubs across Pakistan, Jordan and Egypt
Since the start of 2023, Careem has hired nearly 80 tech-focused roles in Pakistan, Jordan and Egypt.
-
IMF deputy MD arrives in Cairo to discuss economic situation, reform efforts
Antoinette M. Sayeh, deputy managing director of the International Monetary Fund (IMF), is visiting Cairo, IMF senior resident representative in Egypt
-
Al Mashat Meets Argentina's Delegation to Explore Opportunities for Joint Cooperation
They explored ways to enhance cooperation between the two countries, discussed south-south cooperation.
-
7th annual Capital Markets Summit to be launched on 20 June
The summit will discuss executive procedures to activate the state ownership document for partnership with the private sector.
-
Danone Egypt partners with Shagarha Initiative to plant fruit trees in public areas and roadsides
This partnership reflects the company's commitment to spreading environmental awareness.
-
Egypt to completely relocate ministries to new capital by end of June
Al-Sisi affirmed on several occasions that the NAC, which will host more than 50,000 public workers, will constitute the values of modern Egypt.
-
UAE, Egypt advance development of Africa's Biggest Wind Farm
The landmark wind project will produce 47,790 GWh of clean energy per year and reduce around 9 percent of Egypt’s annual carbon emissions.
-
Egypt ranks 1st regionally, 14th globally in recycling
Egypt ranked 1st regionally and 14th globally in terms of recycling rates, according to the Cabinet’s Information and Decision Support Center (IDSC).
-
International reserves jump to $34.66 billion in May 2023, CBE
Egypt’s net foreign assets (NFAs) deficit jumped to LE 755.68 billion in March 2023, according to a previous report.
-
DHL Express probes further investments in Egypt
It is worth mentioning that the company’s investments in Egypt have reached over EGP 1 billion so far.
-
7,000+ Investors Joined “az-Gold” Fund
The placement’s success as well as the oversubscription is considered a new milestone for Azimut and Evolve as well as their partners like EGYCASH.
-
Egypt allured 1.35 million tourists in April – its highest ever
The Egyptian Minister of Tourism and Antiquities Ahmed Eissa announced Monday that Egypt has received the largest number of tourists ever in one month
-
Egypt seeks wheat cargoes from US, Canada
Egypt's General Authority For Supply Commodities (GASC) announced on Monday an international tender for wheat, according to an official statement.
-
Egypt-Sudan electrical interconnection project to operate by end of year
The first phase of the electrical interconnection project with Sudan has a capacity of 300 megawatts, and expansion will take place.
-
Analysis: Egypt faces external debt reckoning after borrowing spree
Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years.
-
Saudi’s Al-Ameriah Company requests majority stake in Heliopolis Housing Company
The Saudi company requested to acquire 70 percent of the entire shares of Heliopolis Company for Housing and Development for US$400 million.
-
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
The issuance of this law comes in line with one of the main axes of the national strategy for tourism in Egypt.
-
Beta Egypt completes 45% of third phase of Beta Greens New Cairo
Alaa Fekry told Zawya Projects that the 190-unit third phase would be completed over the next 30 months.