News
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Chinese business delegation keen to invest in Egypt's industrial sector
Cooperation agreement signed between Egyptian and Chinese business associations.
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Egypt holds domestic fuel prices steady
The price of 95-octane fuel was kept at 8.75LE($0.5472) a litre, 92-octane fuel at 7.75LE/litre and 80-octane fuel at 6.50LE/litre.
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Egypt, Italy sign of 9 MoUs to enhance cooperation
The Ministry of Supply and Internal Trade said the agreements include the establishment of an integrated Italian trade and logistics entity in Egypt.
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Challenges to economic growth in Egypt
'Towards an Economy for All' conference organized by the Alternative Policy Solution Research Project held at the American University in Cairo.
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HSBC launches SWIFT gpi technology in Egypt
HSBC Egypt has joined SWIFT global payments innovation service (gpi), enabling greater digital tracking, speed, and certainty of cross-border payments
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Egypt launches World Youth Forum focusing on ‘Mediterranean Energy’
The four-day forum is expected to be attended by around 7,000 youths representing different countries.
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Egypt's new sovereign fund cherry-picks assets to lure investors: CEO
Egypt has been trying to revive its economy without giving up majority ownership of many of its economic assets.
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7 startups look for financing opportunities
The Egyptian Business Angels Network (EGYBAN) held a seminar on investment in the field of media.
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Egypt's CBE allocates EGP 50 billion to support tourism sector
The CBE said the plan involves the extension of the current tourism initiative to 31 December 2020 and exempting certain tourism sector debt defaulter
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The Industry Support Initiative increases the rates of economic growth and GDP to 7.5% annually
The initiative will benefit about 96,000 factories that meet the conditions for the initiative: says deputy governor of the CBE.
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Vodafone recognized as the best place to work in Egypt for 2019
Vodafone Egypt received outstanding scores across several aspects of their workplace such as leadership, learning & development and culture.
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Egypt to get $1.1 billion from ITFC to fund commodities imports
The financing at the time ensured dollars were available for the state buyer to use for payment at some of its international purchasing tenders.
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Half of land sold for Egypt new capital
The government has said it wants to start running Egypt from the new city as soon as the middle of next year.
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What does Egypt's new Center of Excellence for Energy do?
As part of a five year US$90mn initiative the US and Egypt have partnered to launch a Center of Excellence for Energy and agriculture.
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Egypt- HSBC, Citibank compete to assess Siemens power plants
Egypt's SWF plans to obtain a 30% stake in power plants implemented by the German company Siemens.
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14th African Economic Conference kicks off in Sharm El Sheikh
More than 12 million young Africans migrate from their country to look for work, says Charles Lufumpa.
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Vietnam, Egypt look to strengthen trade, investment connectivity
Ambassador Tran Thanh Cong recalled Vietnam’s social and economic achievement recorded over the past 30 years, highlighting that bilateral cooperation
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Egypt to Introduce Taxes on ‘Digital Economy’ Soon
The law is currently being prepared and measures are being taken to impose a tax system on e-commerce, online advertising, and social media websites.
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Vodafone named Egypt’s first VMware cloud provider
Vodafone will offer diverse VMware cloud services, such as Infrastructure-as-a-Service, as well as fast and seamless access to cloud services.
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Egypt elected to 40-member council of International Maritime Organization
Egypt was elected to be among Category C countries of the council.