News
-
Submissions to receive exporters’ arrears to open on 30 January
Egypt’s Ministry of Finance will open submissions for the second round of the fourth phase of the initiative to repay exporters’ arrears from 30 Jan.
-
Egypt’s Plastics Industry Expo gathers over 300 firms
More than 300 plastics industry firms from over 20 countries gathered in Cairo to showcase their raw materials, machinery and semi-finished products.
-
Eni wins five exploration licenses in Egypt
The licenses are placed within prolific basins with proven oil systems able to generate liquid and gaseous hydrocarbons
-
Egypt to increase power interconnection with Libya
Interconnection project starts from Wadi El-Natrun in Egypt, end in Libya’s Tobruk.
-
418 tons of goods handled at Red Sea port
The RSPA said in a statement that the volume of exports reached 371 tons of goods, 202 trucks and eight cars.
-
The draft budget of 2022-2023 to raise living standards
The budget aims to raise the standard of living of 60 percent of Egyptians, and enables citizens to benefit from the fruits of economic growth.
-
Egypt’s Meeza cards to replace payroll cards
Meeza cards will replace the payroll cards of 4.3 million state employees by the end of January, Minister of Finance Mohamed Maait.
-
IHD Developments launches Vivid Business Tower in New Capital
Company invests EGP 600m in project, It is a commercial project located in the NAC’s Downtown area.
-
Trade Ministry works on legitimising informal businesses
The law allows informal business owners to obtain licenses in a simple and motivating manner.
-
2022 to open new opportunities in Egypt's real estate market
Egypt was one of the few emerging market countries that experienced a positive growth rate thanks to the government’s timely response to COVID-19.
-
Glimpses of Egyptian automotive market in 2021
More than 36 new car models enter Egyptian market including sedans, SUVs, hatchbacks, and seven-seater service crossovers.
-
Egypt's non-oil business conditions improve as inflation eases
The seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers' Index (PMI) rose to its highest level in four months in December.
-
Prioritizing Upper Egypt
Karima Abdel-Ghani looks at the investments being poured into the development of Upper Egypt, with many important projects opening at the end of 2021.
-
Recycling of Plastic Waste Main Pillar of Green Economy
BariQ factory has set up a treatment unit at a cost of 6 million pounds and with a daily capacity of 150 cubic meters to treat industrial water.
-
Al Baraka Bank-Egypt targets profits in 2022
Al Baraka Bank-Egypt plans to achieve net profits of EGP 1.41 billion in 2022, as part of its budget plan, according to a bourse filing.
-
Egypt working on creating attractive environment for investors
Egypt’s government is working on creating an attractive environment for local and foreign investors for a deeper partnership with the private sector.
-
NBE increases its stake in CIB to 9.13%
A disclosure form to the stock exchange dated Jan. 2 showed the increase.
-
E-commerce predicted to increase 30% by 2022-end
E-Commerce in Egypt is expected to increase by 30% by the end of 2022, according to a report released by BOOST for Consultations.
-
27,000 importers registered with Egypt’s ACI system
Finance minister said that 27,000 importers have since October registered with the National Single Window for Foreign Trade Facilitation “Nafeza".
-
Egypt discusses providing 100K furnished houses
President Abdel Fattah El-Sisi's ordered to provide 100,000 furnished housing units for rent, to be available to newly married couples.