News
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New working hours for banks during Ramadan
The Central Bank of Egypt (CBE) has announced the banks’ working hours during the holy month of Ramadan, which is expected to start on Thursday.
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High-speed train will be ‘land (version of) Suez Canal’
Wazir said that work is underway to turn Egypt into a global trade and logistical center, through the development of ports and means of transportation
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Egypt is seen as resource-rich country for private energy sector: German officials
1st high level steering committee meeting was held on energy and hydrogen cooperation between Egypt and Germany.
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Zoomcar encourages car owners to host vehicles, generate revenue stream
Zoomcar will refund the actual market value of the car, in case of any damages, which highlights its full commitment to its customers.
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Egypt Targets 5% Growth in FY2023/24 Budget- Finance Minister
Mohamed Maait, the Egyptian Minister of Finance presented the most important final indicators for the draft budget for the next fiscal year 2023/24.
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Egypt, Georgia sign MoU on green business, logistics
The signing took place on the sidelines of the Egyptian-Georgian Business Forum's meeting.
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Egypt's economic crisis in focus at RiseUp's 10th summit
This year’s summit, held under the banner of “Stay Real”, emphasised caution.
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Plastic paving: Egypt start-up turns millions of bags into tiles
The resulting tiles are sold to real estate developers and contracting companies for use in outdoor paving.
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Egypt to be Africa's top wind generator by 2030
South Africa, currently Africa's top ranked wind producer (25th), will drop to 28th by 2030, and be replaced by Egypt as the continent's top.
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Egypt's parliament approves LE 65B additional allocation in 2022/23 general budget
According to the draft law, the new allocation will be covered by borrowing, issuing securities, stocks and other sources of local and foreign.
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Egypt’s Environment Minister inaugurates the strategic planning workshop for natural reserves
The Minister of Environment stressed that Egypt is making unremitting efforts to achieve its commitment to the new global procedures.
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Egypt’s futures surge to all-time high, surpassing EGP 40 per $1
Egypt’s undeliverable futures recorded an all-time high on Monday, posting EGP 40.25 per $1, up from EGP 39.39 at the opening hour.
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Exoskeleton Startup Cosmos Bionics Strikes a Deal on Shark Tank Egypt
In addition to successfully securing an offer, the Cosmos Bionics presentation introduced lower-body exoskeleton technology to North Africa.
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Egypt's Sisi discusses nuclear plant, grains trade with Russian officials
Construction by Russia's state-owned energy corporation Rosatom of Egypt's first nuclear plant at El Dabaa began in July of last year.
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Obtaining professional certifications help students find employment after graduation: Coursera
About 5,000 students and employers in 11 countries, including the Republic of Egypt, participated in the survey.
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Attaby Consultancy participates in the Middle Ring Road and Bin Zayed axis
Attaby Consultancy is keen to work with high-accuracy designs to achieve the highest efficiency level.
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South Korean Ambassador visits South Sinai to prepare for flourishing people-to-people exchanges
According to Ambassador Hong, after his last visit to South Sinai in June 2022, Egypt’s travel advisory level for Korean citizens was lowered.
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Strong presence of Egypt’s real estate developers in MIPIM in Cannes
Egypt’s participation in MIPIM, the world’s leading real estate market event, is an important marketing opportunity for its urban renaissance.
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Egyptian Financial Regulatory Authority sharpens focus on sustainability with UK banking alliance
The MOU will improve the efficiency of and provide support for Egyptian non-banking financial services markets.
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Raaed Developments launches ROOTS compound in New Sohag with EGP 1.8bn investment
Raaed Developments has announced the launch of its flagship project, ROOTS, in New Sohag, with a total investment of EGP 1.8bn.