News
-
Egypt ranks 26th globally in medical tourism
Egypt occupies fourth place in the Arab world and 26th globally in medical tourism.
-
More Scottish seed tatties heading for Egypt before deadline
Egyptian import authorities are pulling shipping deadlines back 10 days to December 5 – making it a tight turnround for Scottish growers.
-
An Egyptian wins Arab scientific award for his applications of soilless agriculture
The research aimed at reducing the use of imported environments, and replacing them with renewable local environments.
-
Pfizer announces its future strategy in the Egyptian market
Pfizer announced its success in providing the latest treatments to 7 million patients in Egypt, and its goal to reach 7.6 million end of year.
-
NEXT-Egypt to build 21 desalination plants
The 21 water desalination plants represent the first $3 billion phase of a programme that will draw on cheap renewable energy.
-
Agthia completes acquisition of majority stake in Egypt’s Auf Group
Agthia Group currently operates 19 brands across bottled water, snacking and grocery businesses.
-
Egypt’s IT offshoring and business services sector signs 29 new agreements
The agreements inked with 29 multinational companies create over 34 thousand jobs directed towards exports through 35 global delivery centres.
-
Suez Canal revenues record remarkable increase in September
The number of oil tankers transiting the canal increased to reach 628 tankers last September, compared to 453 tankers in the same month in 2021.
-
CBE grants preliminary approval to launch prepaid card Takka
Receiving CBE’s preliminary approval to launch Takka reflects confidence in ADIB-Egypt and ADI-Consumer Finance’s compelling brand portfolio.
-
IFC, int'l partners approve $1.1 bln loan for renewable energy plants in Egypt
The new finance is expected to benefit 1 million Egyptians who will secure access to clean energy.
-
8 firms vie for Hurghada solar project in Egypt
The project would be funded through a loan provided by the Japan International Cooperation Agency (JICA).
-
Egypt unlocks path for 220,000 tons of green hydrogen
The project is in line with Egypt’s National Green Hydrogen Strategy issued during COP27.
-
High demand for Egyptian strawberry plants
Fayruz Nurseries' volumes increased from 1.5 million mother plants produced last year to 2 million this year and 5 million fresh and frozen plants.
-
Egypt's economy is good despite all global challenges
The Minister stressed that the Egyptian economy is diversified, and the business climate is attractive to increase domestic and foreign investments.
-
Saudi Arabia extends term for $5 bln deposit in Egypt's c.bank
Gulf states have deposited at least $13 billion with Egypt's central bank to support its economy so far this year.
-
Market rebounds to health
The Egyptian stock market has been doing healthy business since October’s devaluation, reports Sherine Abdel-Razek.
-
2nd round of Ezdehar programme kicks off
The programme is being implemented in partnership with the German Agency for International Cooperation (GIZ).
-
bp awarded new exploration blocks in Egypt’s Offshore Nile Delta
The Northwest Abu Qir Offshore area covers approximately 1038 square kilometres with water depths ranging between 600 metres and 1600 metres.
-
Submarine cable damage brings internet pain to Asia, Africa
The cable is 20,000km in length and can carry 12.2Tb per fibre pair – of which there are four from Egypt to France and three for the rest of the span.
-
Honeywell and Environ intend to advance plastics circularity in Egypt through MOU
The two organizations will explore the development of the first chemical recycling facility in Egypt.