News
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Senegal Harvests Experimental Homegrown Wheat
Three of the varieties are Egyptian and the fourth was developed by the institute.
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Egypt continuing support for agricultural and industrial production
Egypt is continuing to support domestic agricultural and industrial production despite harsh global economic challenges.
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Egypt's Al-Mashat participates in 2023 Spring Meetings of WBG, IMF in Washington
The Egyptian Minister is scheduled to speak at a number of events and discussion sessions, and to hold a number of bilateral meetings.
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IHG to expand Egypt portfolio with three new hotels
IHG has signed an agreement with Arabella Group to open three hotels across its InterContinental, voco and Crowne Plaza brands in Egypt.
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Macro Group targets EGP 1bn in sales this year
The increase in the market share will be achieved by adding new products to its list of products, which currently number more than 143 products.
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Egypt, Indonesia mull inking MoU for expertise-sharing
This is to boost cooperation to share expertise in various healthcare domains, especially digital transformation and innovative healthcare services.
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African gas suppliers look to meet Europe’s future LNG demand
Common purchases of gas are available to all EU member states, as well as Ukraine, Moldova, Georgia and the Western Balkans.
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EFG Hermes concludes advisory on $210.5m IPO for Al Ansari on Dubai Financial Market
The IPO was comprised of a Qualified Investor Offering, which generated strong demand worth AED 10.2bn from both international and regional investors.
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President al-Sisi directs govt to speed up finalization of agricultural, food projects
The spokesperson noted that the meeting took up progress made in national projects to reclaim desert lands nationwide.
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MIDBANK offers EGP 1bn in finance to major projects in various sectors during 2H 2022
MIDBANK was keen to cooperate with various banks to finance many mega projects, as part of its strategy to strengthen the syndicated loan portfolio.
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Trade with Egypt to reach US$ 20 billion, Turkish diplomat
He said that the size and proximity of the two countries creates for a very attractive and lucrative investment climate.
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Egypt hopes Paris exhibition of ancient artifacts will boost French tourism
Around 10,000 people a day are expected to visit “Ramses and Gold of the Pharaohs” at the Lafayette showroom to view its 181 artifacts.
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3 state-run banks lead savings certificates market with record-yield vessels
The National Bank of Egypt issued a new platinum certificate for a period of 3 years, with a minimum purchase of EGP 1,000 and its multiples.
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Egypt to Take Swift Action to Provide Foreign Exchange for Fodder Needs
The Egyptian government and the Central Bank of Egypt agreed to take quick measures to provide foreign exchange to increase the quantities of fodder.
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Egypt’s Environment Minister discusses expansion in waste to energy projects with private sector
The minister praised the company’s role as the first partner from the private sector in starting projects to convert waste into electric energy.
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Government mulls adding Ebank to IPOs Program
On February 8th, the Cabinet announced that it would offer 32 state-owned companies and banks for sale on the Egyptian Exchange (EGX).
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Egypt released corn, soy fodder worth $97 mln last week
Egypt released from the country's ports a total of 210,000 tons of corn and soybean fodder worth around $97 million between 31 March and 6 April.
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Universities play important role in advancing national industry
The program is supervised by Dean of the Faculty of Industry and Energy Technology Mohamed Dirgham.
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GAFI aims to resolve investors' problems: Chairman
Heiba, meanwhile, vowed that 80 percent of the problems facing investors will be resolved before June 30.
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India's Flex invests $110M in polyethylene production in SCZone
The project will be implemented in two phases over the next two years, with the first phase starting in mid-2024.