News
-
Egypt’s Madinet Nasr for Housing & Development rebrands to Madinet Masr
Company plans to expand within Egypt and the region.
-
Egypt opens new textile factories in July: official
The textile factory project is being implemented the Holding Company for Cotton, Spinning, Weaving, and Clothes.
-
Egypt Approves 2023/24 Budget with Target Growth of 4.1%
He pointed out that the total revenues in the new budget are expected to grow by 38.4%, while tax revenues are expected to grow by 28%.
-
All eyes on Egypt's central bank meeting today amid expected interest rates hike
The CBE Monetary Policy Committee is scheduled to convene on Thursday to review the key interest rates for the second time in 2023.
-
Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
Nasr El-Din joined the Board of Directors of Telecom Egypt as a non-executive member in July 2020, representing the government.
-
Egypt mulls boosting ICT cooperation with Germany
The talks also covered Egypt’s digital strategy for the outsourcing industry and training qualified youth to export IT services.
-
Greece's Mytilineos Holdings aims for investing in Egypt
The company aims for investing in solar plants, solar storage batteries, other fields of new and renewable energy, oil and gas, and energy solutions.
-
Ticket prices for archaeological sites in Egypt to be increased in December
The Egyptian Ministry of Tourism and Antiquities announced an increase in the prices of tickets for archaeological sites in Egypt.
-
13 golden licences granted to companies, 40 others under study: GAFI
Mytilineos is a leading global company in the fields of energy and industrial fields and is present in the five continents of the world.
-
Due to inflation, more Egyptian producers turn to second-hand machinery
The devaluation of the Egyptian pound is compounded by global inflation, with prices rising for the third year in a row.
-
Eco Nubia: a model for reviving Egypt's heritage while preserving the environment
Using natural materials from several regions of the country, the revival of Bigeh has created jobs for the local community.
-
Egypt secures $2.6 bln in development finances for private sector in 2022
The report shows that The OPEC Fund for International Development was the top institution that provided this amount, with a value of $1.21 billion.
-
Egypt to build 5 factories for pharmaceutical raw materials
The yet-to-be-established factories would produce up to 100 pharmaceutical raw items until 2025.
-
High demand on Egyptian onions this year
International demand for golden onions increased this year due to climate conditions that disrupted onion production worldwide.
-
Egypt’s IDA gears up to provide its services for investors online
Abdel Karim said that preparations are underway to provide the authority’s services to investors online in a phased manner.
-
A look into "Start initiative" after 6 months of its launch
The Egyptian soda ash project, which was launched in January 2023, is expected to reduce the import bill by $500 million annually.
-
SCZONE Chief signs a framework business agreement with Chairman and Managing Director of the Suez Canal Container Termin
The agreement aims at implementing a number of new incentives related to the activity of the SCCT inside East Port Said Harbor, Gamal Eldin said.
-
Egypt: the Abu Rawash wastewater treatment plant, a model of sustainable development
The commissioning of the plant has not only improved the living conditions in Greater Cairo, but it has also created nearly 150 permanent jobs.
-
Egypt: Edita to distribute $12.9mln cash dividends for 2022
The shareholders granted their approval for the dividends distribution on 28 March 2023, according to a bourse filing.
-
Cairo to receive direct flights from Sao Paulo starting from September
The government has approved a new five-year multiple entry visa at an amount of $700 for citizens of 180 countries.