News
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BDS Hubs at NilePreneurs offer EGP 3.85bn to 4,800 start-ups in 2022
Hosni added that the BDS Hubs provided about 146,000 various services that reflected the actual needs of the target groups of youth and business owner
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EgyptAir ranks fifth among most operating to and from Istanbul
EgyptAir ranked fifth among the airlines that had the largest share in operating flights coming from or heading to Istanbul during the year 2022.
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Fixed Egypt launches ‘time stamp’ within its branches
Fixed Egypt, a company specialized in providing e-signature and e-stamp services, announced the launch of the “time stamp” service.
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Local cigarette prices in Egypt rise by EGP 2-3 per pack
The state-owned Eastern Tobacco Company raised prices of cigarettes, cigars and pipe tobacco by an average of EGP 2-3 per pack.
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New Damietta city ‘free of illiteracy’
The President of Damietta University al-Sayed Mohamed Daadour said that the illiteracy rate in New Damietta City is currently 5.2 percent.
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Mastercard partners with WFP to provide 1mln school meals during Ramadan
For every Amazon.eg website or app transaction made by customers in Egypt using a Mastercard during Ramadan, Mastercard will donate 1 school meal.
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20.3M transactions worth LE112.7B conducted via “InstaPay” in a year
70 percent of the transactions were conducted after the official working hours, and 30 percent during the official working hours.
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Kuwait extends maturity of $2bn deposit at CBE to September 2023
The report on the external situation of the Egyptian economy revealed that Kuwait had two deposits at the Central Bank of Egypt, worth $4bn.
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Archaeological team uncovers 2000 mummified ram heads and more in Sohag
The discovery contributes greatly to knowing the location of the temple and the life it witnessed for more than two thousand years.
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New partnership arises between Misr El Kheir, Al-Futtaim Group Real Estate
Educational, service projects inaugurated at Manshaal Al-Dahab Al-Qibliyya village in Minya.
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Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
The company said in a statement that, after consultation, Orascom Development and SODIC decided not to proceed with that deal.
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Software AG deepens footprint in MET through expansion in Egypt to build future ready connected enterprises
Aims for 100% growth in the country over next three years and new job slated to meet market demand.
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Abu Dhabi Islamic Bank – Egypt achieves net profit of EGP 2.190bn in 2022
A microfinance company will also be launched before the end of the second quarter of this year.
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IMF chief warns risks to financial stability have increased
Her comments came after the financial sector was shaken by the collapse of Silicon Valley Bank and the enforced takeover of Swiss bank Credit Suisse.
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CBE Launches New Website
The action is consistent with both international best practices and the Central Bank of Egypt's (CBE) ambition to stay current with technology.
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GEM presents contemporary art exhibition – Traces of Egypt
The Grand Egyptian Museum (GEM) is presenting its first contemporary art exhibition, “Traces of Egypt”, by German-Egyptian visual artist Susan Hefuna.
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Egypt groundwater non-renewable, very deep: Cairo
Egypt underlines the necessity of the Nile while highlighting that the country found it very difficult to utilize its groundwater.
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Sokhonn plans visit to Egypt
The foreign ministry said in a March 23 press statement that Sokhonn will lead a delegation on an official visit to Morocco from March 27 to 28.
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Mashat: Egypt is 1st country to launch CCDR in MENA region
International Cooperation Minister Rania al-Mashat said that Egypt is the first country to launch the Country Climate and Development Report (CCDR).
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EU Commission Vice-President to Visit Cairo Tomorrow
The Vice-President of the European Union Commission, Margaritis Schinas, will arrive in Egypt, Sunday, on a three-day visit.