News
-
INTERVIEW: Confronting global crisis ‘not an easy matter’ for Egypt
Feried Belhaj, vice president for the Middle East and North Africa at the World Bank, discussed the ongoing crises impacting the global economy.
-
Egypt’s Intella relocates headquarters to Saudi Arabia after KSA’s AI boom
Kingdom is becoming a hub for tech companies, says Intella CEO and founder Nour Taher.
-
Egypt’s population rises by 220K in 55 days
The number of senior citizens will be around 22 million out of the expected 160 million Egyptians, as estimated by a November.
-
Two Chinese companies offer to build $300 mln iron complex in SCZone
Two Chinese companies presented an offer to the Egyptian government to launch a $300 million steel complex at the Suez Canal Economic Zone (SCZone).
-
CFI Egypt officially launches in Cairo
The move brings CFI's mastery and expertise as a world-renowned online trading provider to the vastly expanding country of Egypt.
-
Traffic diversions announced in Giza due to monorail project construction work
The Wadi al-Nile monorail station is located on the 26th of July axis, which requires the removal of pedestrian bridges, the governorate confirmed.
-
SCZone: World Bank Announces "East Port Said" Among 10 Best Global Ports
The Suez Canal Economic Zone (SCZone) announced that East Port Said ranked tenth in the container performance index for the year 2022.
-
New fees under Egypt’s resource development law do not apply to commodities
Approved amendments to the income tax law include increasing tax exemption limit by 50 percent to LE 36,000 annually.
-
Air Serbia to launch flights to Egypt’s Mersa Matruh - report
The service will commence on June 17 and will run until September 9, aviation news outlet Zamaaero reported.
-
United Kingdom announces first water infrastructure resilience projects in Egypt
The projects, an €80m Egyptian wastewater project and a €37m water sanitation project in Senegal.
-
Egypt Extends Bidding
Egypt has pushed back the deadline of two currently ongoing bid rounds to 16 July in an effort to drum up more interest.
-
Qatar committed to investing $5 bln in Egypt: Finance minister
Qatar is committed to injecting $5 billion of investments into the Egyptian economy as was promised last year.
-
Egypt's Fish Production Increases by 1.7% in 2021: CAPMAS
Fish farms ranked first in terms of production, with a rate of 78.4%, followed by production in lakes by 12.8%, marine production by 4.8%.
-
Gatwick To Gain New Egypt and Czech Republic Routes This Autumn
Gatwick is set to gain two new services to Egypt and the Czech Republic this autumn.
-
Russia is in talks to establish free zone in Egypt: Putin
By 2021, he noted that Russia was the sixth largest supplier country to Egypt after China, Saudi Arabia, US, Germany and Turkey.
-
Xylem studies second phase of pump manufacturing plant in Egypt
he plant is a joint venture with Egyptian company Tiba Manzalawi Group.
-
AfDB expects Egypt's GDP growth at 4.8 percent for FY 2023/24
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY.
-
TKMS Delivers Second MEKO A-200 EN Frigate To Egypt
On May 26th, thyssenkrupp Marine Systems handed over a frigate to the Navy of the Arab Republic of Egypt.
-
Saudi Arabia leads in imports of Egyptian grapes in 2022
Growing exports of table grapes from Egypt were one of the main reasons for the rise in Saudi Arabia’s total imports of these fruits.
-
MFS Africa wins top fintech award in Egypt
The Fintech of the Year award also acknowledges MFS Africa’s dedication to transforming the financial sector in Africa.