News
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Egypt to launch 3rd stage of exporters support programme
Finance Minster Mohamed Maait said that the action comes in implementation of President Abdel-Fattah El-Sisi’s decision to back exporting companies.
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Egypt, Jordan discuss cultural exchange
The officials discussed a number of cultural events that the two countries will hold in the days to come, foremost of which is the Jarash Festival.
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Egypt announces success of negotiations with EAEU
The agreement is expected to boost regional and intra-trade between Egypt and central and north Asia and Europe through the Eurasian Economic Union.
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Financial positions of banks rise by EGP 532bn
Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions score EGP 165.588bn in Q1 of 2021: CBE.
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Trade exchange with Eurasian Union at $4.69B
The trade exchange between Egypt and the countries of the Eurasian Union amounted to about $4.69 billion in 2020.
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Egypt’s Trade Ministry keen to attract FDIs
Nevine Gamea meets Russian companies wishing to expand in Egypt during next period. Egypt working on favorable business climate.
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Researchers warn of Ethiopian dam’s impacts on Egypt
Egyptian researchers in the US have published a study warning of a further threat that may affect the North African country as a result of the GERD.
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Egypt's economy could stage a China-like rebound
Economists expect the country to continue on its growth path if it moves forward with reforms and manages downside risks.
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Egypt’s property sector backed by resilient economy
The Egyptian economic expansion is expected to moderate to nearly 4.5% between 2021 and 2022.
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Egypt’s Planning Minister meets Saudi Commerce Minister
Non-oil trade exchange between Egypt, Saudi Arabia exceeds $4.4bn in 2020, says Hala El-Said.
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AFDB loan for green programme
The Board of AFDB approved an 83-million-euro loan to finance the second phase of Egypt's Electricity and Green Growth Support Program.
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Telecom Egypt gets profits from Vodafone earnings
WE owns 45% of Vodafone Egypt while Vodafone International owns 55%.It received EGP 2 billion that disbursed last March.
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Egypt's economy riding high on $354.8bn project pipeline
A major event for the building sector, The Big 5 Construct Egypt will be back on June 26 and run until June 29.
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Lenovo acquires 31.8% of Egypt’s market share
Lenovo Egypt maintained the highest market share for the fourth consecutive quarter, amounting to 31.8% during Q4 of the fiscal year (FY) 2020/2021.
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Egypt Takes on Sukuk
Egypt is getting ready to offer its first sovereign bonds (Sukuk), almost the first of its kind for the country, following parliament’s approval.
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Egypt, UAE central banks ink MoU
According to the MoU, the two central banks will cooperate in fields of licenses & the ownership structures of the licensed financial institutions.
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Philippines in talks with Egypt to open up market
The focus is on future cooperation for the promotion of products such as desiccated coconut, bananas (fresh and dried), and coconut oil.
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Egypt is growing exports
Egyptian exports have significantly increased since the beginning of this year amid expectations of further growth.
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edtech iSchool secures $160K investment
iSchool aims to help students master artificial intelligence (AI) programming, software development, robotics, big data, and multimedia.
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Egypt aims to vaccinate 40% of population by end-2021
By the end of Wednesday, 2.5 million people will have been vaccinated from a total of 6 million people who signed up on the government's registration.