News
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Agricultural Bank aims to reach 35mln customers
ABE to complete development of 1,000 branches nationwide by late 2022, more branches to come in villages and remote areas.
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Egypt eyes quadrupling desalination capacity in 5 years
The plan fits into Egypt's push to diversify its sources of fresh water for a fast-growing population as it faces competition for Nile river water.
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Egypt IoT in manufacturing market to grow through 2026
The growing use of automation in the manufacturing units reduces the chances of human error and lowers the labor cost.
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Egypt’s AOI sets up 4MW solar power plant in Uganda
Egypt's Arab Organisation for Industrialisation (AOI) set up a solar energy plant in Uganda's Tororo district, a photovoltaic power station.
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Minor Hotels to debut in Egypt in 2025
Oaks Egypt New Capital Apartments and Suites is scheduled to open in 2025 in the Egyptian New Administrative Capital.
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Egypt economy forecast to grow 5.5% in 2022/23
Economists in a July poll predicted economic growth would be 5.0% for the year to next June.
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Al-Sisi will deliver opening speech at Cairo Water Week
This year’s conference will focus on “Water, Population and Global Change”.
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Madinaty Golf Club to organize a celebration to support "Baheya"
The event will be next Friday, 22 October support the activities of the Baheya Foundation for Early Detection & Treatment of Breast Cancer
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Egypt, Greece discuss green economy, sustainable development
Egypt and Greece organized the Mediterranean Forum for Green Economy and Sustainable Development “Circle the Med”, from 18 to 22 October.
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Egypt's Cabinet approves establishing Digital Egypt Fund
The fund aims to activate and promote the services of the digital community, support & develop the system’s mechanisms and ensure its sustainability.
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Egypt to spend over $2bln to enhance internet efficiency
The project includes delivery of fiber optic cables to around 4,500 villages in the next three years.
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Central Bank of Egypt reveals reasons behind high inflation
This comes as monthly headline urban inflation recorded 1.1% in September compared to 0.3% in September 2020. Consequently.
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Egypt set to be pivotal center for energy exchange
Europe needs electric power and Africa has huge amounts of renewable energy resources. Egypt’s energy sector has a bright future.
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Finance Ministry aims to increase sources of funding
Capital market demands tax justice. Yield curve reflects risks of different terms: Sharkawy.
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Pressing ahead with economic reforms will create more jobs
Egypt was among the few countries that achieved a positive growth last year despite the Covid-19 outbreak, IMF.
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Egyptian-Greek trade exchange increase by 112.8% in H1 2021
On the other hand, Egyptian imports from Greece increased by 2.6% to $209.1m during the first half of 2021 compared to $203.8m in H1 2020.
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Poverty rate in Egypt drops by 3%
Education levels are the most important indication of poverty, since poverty rates fall as people’s levels of education grow, CAPMAS.
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Egypt establishes 1st infrastructure to provide IoT services
Telecom Egypt signed a cooperation agreement with the global Nokia Corporation to establish IoT infrastructure through Nokia's network (WING).
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Sisi urges maintaining financial performance to reduce deficit
The state should also work on reducing the total deficit of the general budget to 6.7 percent and reducing the debt to less than 90%.
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Health Minister inaugurates AFRI Egypt medical center in Uganda
Egypt to train Uganda doctors, offer 20 scholarships within the framework of the depth of relations between Egypt and all African countries.