News
-
JBIC invests more than $1.26bln in Egypt: Al-Mashat
The Minister of International Cooperation also welcomed cooperation with the Japanese side to stimulate development funds and green investments.
-
Return of Chinese tourists contributes to Egypt's tourism rebound
Tourism is one of the pillar industries of Egypt, accounting for around 12 percent of the GDP.
-
AXA Egypt plans to expand in Egyptian market this year: GM
The insurance sector in Egypt, one of the oldest of its kind in the Middle East and North Africa, is suffering a number of challenges.
-
Gov't Denies Intention to Raise Subsidized Bread Price Next Month
The gov stressed continuation of disbursing the subsidized loaf of bread to citizens on ration cards with only 5 piastres without any increase.
-
Khazenly launches its cross-borders services to empower Egyptian merchants to operate abroad
The service offers a full-fledged logistics arm, from shipping overseas to local fulfillment handling.
-
Egypt grants Exits MENA securities promotion, underwriting license
Exits MENA, an Egypt-based fintech investment platform, was granted a securities promotion and underwriting license from the FRA.
-
Egypt’s NFAs deficit climbs by 7.3 percent in March says CBE
Total foreign assets in Egypt declined to LE 1.439 trillion ($46.5 billion) in March 2023 from LE 1.476 trillion ($47.7 billion) in February 2023.
-
Morocco Remains Largest Importer of Wheat from EU
In third place is Nigeria with 2.2 million tonnes of wheat, and Egypt with 1.6 million tonnes.
-
Mastercard teams up with Egypt’s CBE, EBC to develop tokenisation in local market
Tokenisation allows for seamless and secure digital transactions for millions of Egyptians, by replacing sensitive customer data with unique ids.
-
Capgemini Egypt: Aims to Be a Major Outsourcing Hub in the Region
Egypt is an attractive Mediterranean hub, making it a popular choice for many leading Fortune 500 companies to expand their businesses.
-
UAE’s National Paints officially acquires state-owned Pachin in a $25m deal
National Paints Factories previously submitted a compulsory purchase offer to the FRA to purchase up to 100 percent of the shares Pachin.
-
Chinese Delegation Visit New Beni Suef to Discuss Investment Opportunities
Essam El-Din presented an overview of the city and its distinguished strategic location, only 2 km from the mother governorate.
-
EU wheat hits new 19-month lows after CBOT fall, low Egypt offer
Pressured by low offers at Egypt's import tender with uncertainty prevailing on what to expect from a meeting to discuss the Black Sea grain export.
-
Orascom Development begins handover of first phase of homes in O West
Plans for 2023 are on track for the town to deliver more than 350 villas in the Whyt.
-
Belarus, Egypt to hold meeting of working group on industrial cooperation
The parties reviewed the issues related to the preparation of the third meeting of the Belarusian-Egyptian working group on cooperation in industry.
-
Egypt now accepting applications for youth digital training scholarship
It is open to Egyptian nationals and targets those who graduated from university between 2018 and 2023, is scheduled to start on 15 July.
-
Egypt Releases 211,000 Tons of Fodder worth $99 Million
During the period from April 19 to April 27, 211,000 tons of corn and soybeans were released, at a value of about $99 million.
-
Orange Egypt signs a cooperation agreement with Contact
To provide customers with consumer finance services and exclusive installment offers.
-
Egypt allows Turkish nationals visas on arrival as ties improve
Ties have gradually thawed since 2021 through consultations between senior foreign ministry officials in Ankara and Cairo.
-
Egypt to inaugurate Grand Egyptian Museum in November
The Grand Egyptian Museum is deemed as the largest museum in the world that includes antiquities of one civilization.