News
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Egypt to import more wheat from Germany
The contracts include the approval of “Egypt’s conditions” regarding the requirements for “moisture contents,” the statement added.
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EFinance signs partnership MoU with F5 to help protect and optimise Egypt’s digital transformation priorities
Cloud- and cybersecurity-focused partnership set to benefit organisations across Egypt and improve citizens’ lives.
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Is now the right time for Egypt’s government IPOs?
The current time is appropriate for the government to resume its IPO programme, in parallel with the economic reform plan.
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Saudi company prepares to open huge plant in Egypt
The new plant was built on an area of 15,527 square meters and its investment is close to one billion Egyptian pounds last year.
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Misr Hotels’ net profit increases by 129.7% in 6 months
Misr Hotels is an Egypt-based joint stock company engaged in tourism investment activities.
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Eggs, poultry prices expected to drop after release of large amounts of fodders from ports
These released amount equaled 2.1 million tons of fodders, including 1.5 million tons of corn and 623 tons of soybeans, El-Quseir noted.
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Vodacom lands 2Africa, the world's largest subsea cable, in EC
The subsea cable project aims to significantly increase the capacity, quality, and availability of internet connectivity between Africa and the world.
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Sisi endorses law on building, developing superstructure in Ain Sokhna port
The under-construction company is an Egyptian stock venture under the free zones system.
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Gov't denies intention to sell flag carrier "EgyptAir"
The Ministry stated that the company continues its path of advancement and preserving workers, based on its national and societal role.
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Egyptian Cabinet releases figures on furniture industry
On the other hand, Egypt's imports of furniture rose by 7.2 percent in 2021 hitting $303.3 million up from $282.9 million in 2020.
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Russia supplies Egypt with a huge amount of wheat
The Egyptian port of Damietta received the ship OXANA V coming from Russia with 42,000 tons of wheat on board for the Supply Commodities Authority.
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Facebook leads social media platforms in Egypt, followed by Instagram and TikTok
In a report published by the Egyptian Cabinet's Information and Decision Support Centre (IDSC), 95.9% of survey respondents use Facebook.
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Arish Sea Port to become one of int'l ports on Mediterranean coast
Arish Sea Port is witnessing the largest development movement of its kind to become one of the international ports on the Mediterranean coast.
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Egypt extends route of Giza-Aswan high-speed electric train to Abu Simbel
The ministry explained that the move will support tourism flow, facilitate the movement of citizens, and help transfer crops and agricultural products
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ITFC provided the petroleum sector with $10.8B in finances since 2008
the extended cooperation between the ITFC and the Egyptian General Petroleum Corporation (EGPC) began in 2008 by providing up to $200 million per year
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Nile Pharma’s net profit increases 10.4% YoY in 6 months
Nile Pharma manufactures and markets pharmaceuticals.
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CBUAE discusses training and capabilities-building cooperation with the Egyptian Banking Institute
During the meeting, the parties reviewed the prospects to enhance cooperation and exchange information and expertise by developing training programmes
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Egypt’s chemicals exports grow 23% in 2022
The chemicals sector accounted for 24% of Egypt’s total non-petroleum exports.
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Natural gas reaches Jazirat El Hamoudi village in Qena
This brings the number of villages that the Haya Karima initiative has helped in Qena to 24.
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TMG contributes with EGP 5bn in CSR programmes
Hisham Talaat Moustafa said that TMG believes in the need to embody its CSR as a "moral and professional value".