News
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Legislative, economic reforms drive Egyptian market growth: Misr Capital
CBE's tendency to reduce interest rates created great demand from companies to finance their expansions through debt instruments.
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Egypt launches SMEs Business Bot to support sector amid pandemic
The planning ministry is expected to play a vital role through feeding the platform with various available initiatives.
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Gov't focuses on restoring economy to rates prior to COVID pandemic
Madbouli made these remarks during his participation in an event organized by the American Chamber of Commerce in Cairo.
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Strengthening Egypt-UK economic ties
The recent Egypt-UK agreement will help to maintain and expand the trade momentum between the two countries, writes Sherif Fahmy.
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Vodafone Egypt plans to buy stakes in two digital payment firms within 3 months
The company has signed a memorandum of understanding (MoU) with Ebtikar, which owns the two firms, to buy the stakes.
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Defying expectations: Inflation down in Egypt
Inflation figures are down this year despite some local and international expectations of higher rates.
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Trade exchange between Egypt, Japan hits $ 1.3B during 2020
Trade exchange between Egypt and Japan witnessed a growth of about 22 percent during 2020.
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Egypt’s Petroleum Minister, BP discuss joint business, international oil prices
BP’s Dev Sanyal affirmed company’s confidence in Egypt's investment-attracting climate.
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Egypt receives $240 mln from Japan for energy, green economy transformation
Japan’s current cooperation portfolio with Egypt amounts to $2.7 billion in 14 projects.
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Central Bank of Egypt reveals market performance indicators in September 2020
Customer deposits break EGP 5trn mark for first time in local market.
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HSBC launches its first cashback credit card in Egypt
Product is tailored to evolving needs of its Egyptian cardholders: Visa Country Manager.
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Sterling and Wilson Solar secures Rs 930 crore order in Egypt
Sterling and Wilson Solar on Saturday said it has bagged an order worth Rs 930 crore in Egypt.
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UAE developer eyes near-$1bn investment in Egypt's real estate market
Sky Abu Dhabi Real Estate Development CEO says Egypt is 'valuable addition' as company expands regionally.
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Egypt avoids recession despite COVID impact on the economy
Post-COVID recovery requires deeper reforms to limit debt and fiscal deficit.
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Egypt’s foreign exchange reserves increase
The country’s foreign exchange reserves increased to USD40.101 billion in January 2020, increased from USD40.063 billion at the end of December 2020.
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Gold prices rise in Egyptian market, 21-karat now LE808
The 21-karat gold (the market’s highest selling gold) increased by LE11 per gram to LE808, from Friday’s price of LE797.
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AAIB lends support to Egypt’s cashless economy drive
Bank to offer Egyptian merchants state-of-the-art N-Genius™ payment platform.
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Cabinet: Egypt's Circular economy is promising
The cabinet’s IDSChas published an infographic on the continuity of Egypt's listing within the category of growth-stage countries in the Circular Gap.
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Egypt, Iraq discuss exchange of experiences on development cooperation
Iraqi delegation expressed its aspiration to strengthen bilateral relations with Egypt in various fields.
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Lulu group opens 200th hyper market store in Egypt
Lulu is planning to expand its services in Kerala as well. They have initiated actions to start new hyper markets in Thrissur and Kottayam.