News
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Orange Egypt building giant data centre in New Administrative Capital
We acquire 85% of Triple Play services in closed urban communities, says Mahran.
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Egypt's non-oil exports to EU rise by 38%
The hike was the result of high demand on Egyptian products from 23 European countries, most notably Italy, Spain, Germany, and the Netherlands.
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Egypt, US sign 7 development agreements worth $125 mln
Egypt has inked seven development financing grant agreements with the US worth $125 million through the US agency for development.
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JATDEV launches application for participatory communities
SpaceJAT provides many collaborative services and tools that help stimulate and support the remote business environment.
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Egypt fertile ground for investments due to unprecedented progress
Qatar’s ambassador in Cairo said that his country considers Egypt a fertile ground for investment in light of the unprecedented progress.
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Pioneers Securities tops brokerage transactions in October with 20% market share
Commercial International Brokerage comes second with market share of 16.4%.
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Egypt to create new VAT refund system for tourists in all ports
The VAT will be refunded for purchases whose value exceeds EGP 1,500, according to the decree.
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ShipBlu bags $2.4M for its e-commerce and fulfillment service
ShipBlu stores merchants’ products in warehouses it leases. Then it connects with merchants’ online stores and monitors orders.
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Egypt's agricultural exports hit nearly 5 million tonnes
Egypt's agricultural exports reached nearly 5 million tonnes over the past ten months of this year, recording a rise of 600,000 tonnes.
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OPEC Fund signs $200mln loan to Egypt
Funds will focus on priority industries like education, renewables, health, transportation in Egypt.
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Winners of Egypt’s 1st female entrepreneurs Hackathon by ITIDA
The first prize was awarded to a team of three young women from Aswan governorate, for a mobile application developed to aid in combating harassment.
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Egypt, Boeing discussing new aircrafts entering circulation
The company continues to have conversations with airlines in Egypt on opportunities for new aircrafts to enter Egypt’s marketplace.
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Egypt's supply minister says new price for bread "will take time"
The subsidised loaf has been sold since then for 5 Egyptian piasters ($0.0032). The prices of commodities have been increasing since January.
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Egyptian exports to Romania increase by 51.1%
CAPMAS said that Egyptian imports from Romania amounted to $339.5m in H1 2021, compared to $418.3m during the same period in 2020.
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$360M loan aims to enhance Egypt's macro fiscal sustainability
Egypt Inclusive Growth for Sustainable Recovery program duration is around 17 months, with the closing date planned for March 31st, 2023.
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Eva Pharma aims to hire more programmers
This came on the sidelines of signing a partnership agreement with Link Datacenter and Microsoft.
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CBE to decide key interest rates amid rising inflation
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene on Thursday to review the key interest rates.
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Egypt to sign agreement for modernization of Cairo Metro trains
This came during the minister’s meeting with Ambassador Noki Masaki, the Ambassador of Japan in Cairo, on the occasion of the end of his tenure.
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Creative Industry Summit launches 12th edition
Promoting creativity in Egypt and the MENA region, the Creative Industry Summit (C-S) announces launching its 12th edition.
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Major celebration in Luxor in preparation
Egypt has been preparing for a huge celebration to promote Luxor city as a major tourist destination.