News
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Arab Cotton Ginning’s consolidated losses shrink 1,843% in Q1-22/23
In the July-September 2022 period, the company’s standalone net losses enlarged by 56% year-on-year.
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EBRD promotes Egypt's transition to green energy with €1.3 billion
Moving from pledges to finance mitigation and adaptation projects from the repercussions of climate change.
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Egypt’s oil and gas sector is growing despite an economic crisis
In November 2022, BP won two oil exploration blocks offshore the Nile Delta, in the Mediterranean Sea.
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Egypt ranks first place as most powerful Arab & African army of 2023
The Egyptian army topped the list of Arab countries, followed by Saudi Arabia and Algeria.
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Egypt’s currency drop barely closes gap with black market rate
The pound extended last week’s devaluation of 9% and fell 1.6% as of 4:22 p.m. in Cairo on Monday.
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Syndicate: amateur fishing fees increase to EGP 217
The Secretary General of the Fishermen’s Syndicate stated that fishing will not be allowed for those who do not have a fishing permit.
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Danone Egypt advances with its sustainability goals
Company’s plans are aligned with the Egyptian government’s plans for achieving food security.
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Egypt’s GASC seeks wheat in World Bank-funded tender
The deadline for offers is Jan. 10, GASC said.
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Egypt's green public investments to increase 50% by 2025- Minster
Green projects include manufacture of electric vehicles or those equipped with natural gas, solar energy, green hydrogen, desalination of sea water.
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Counsel Masters signs management agreement for “Mamsha Ahl Misr”
On the other hand, The North Square Mall’s contract extension marks a significant step forward in the Company’s ongoing expansion journey.
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Saudi family businesses on show at Bayt Al-Arab expo in Egypt
The exhibition, opened at Al-Qubba Palace in Cairo on Thursday and runs until Jan. 11, is supervised by the Egyptian Ministry of Social Solidarity.
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Swvl signs partnership agreement to increase drivers' income
Under the partnership, the klax ads platform will allow advertisements to be broadcasted by “Swvl” cars participating in the application.
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Masroofi: Egypt’s First E-Wallet intended for children-use
Most children in Egypt grow up with little to no knowledge of handling finances, and absolutely no access to cashless opportunities.
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Azimut Egypt aims to launch gold investment fund next February
The fund is awaiting final approvals from the Financial Regulatory Authority to launch it in the coming days.
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World Bank: Egypt's economic reforms helpful in overcoming int'l crisis
Reforms since 2014 ease macroeconomic imbalances, enhance performance of energy sector, and mobilize financing enabled the country to face crises.
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Egypt among top warmest tourist attractions to visit 2023 winter
The North African country is one of the warmest tourist destinations in the world, noting that the average temperature in Egypt is 19C.
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Vodafone completes transfer of its 55% shareholding in Vodafone Egypt to Vodacom
Vodafone Egypt will benefit from closer co-operation with Vodacom, enabling it to accelerate growth in financial services and the Internet of Things.
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President El-Sisi participates in National Alliance for Civil Development Work conference
The National Alliance for Civil Development Work was launched in March 2022, with the participation and membership of major civil society bodies.
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Giza Zoo to be renovated in return for usufruct, not ownership transfer
The ministry asserts that it will retain ownership of the zoo and the nearby Orman botanical garden.
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Jumblat calls on Arabs to support crisis-hit Egypt
"whatever the circumstances might be, supporting Egypt means supporting Arab stability and resilience above all else." He said.