News
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Egypt to weigh local-currency bond on international market
While investors would purchase the bonds in dollars, the principal and interest would be payable in Egyptian pounds, which means the buyer bears rate.
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Egypt receives over 120 Russian business delegations in 2017/18
The Trade Representation of Russia in Egypt has organised and conducted visits from 40 business delegations of Russian companies to Egypt.
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We can see positive signs that Egypt's economy is gradually improving
The sixth interview in the series is with Country Director of the United Nations Development Programme (UNDP) Randa Aboul-Hosn.
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Facebook hosts first ‘Boost Your Business’ event in Cairo
In Egypt 23 million people actively use Facebook daily, while 37 million actively use Facebook each month via mobile.
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Trade Exchange bet. Egypt, Sudan reaches $320.5M in 7 months
The report clarified that Egypt’s exports to Sudan recorded $196.58 million, while imports reached $123.9 million.
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Egypt selected guest of honour at German-Arab Business Forum
The German-Arab Business Forum in June 2019 in Berlin, is an annual international business forum that provides job, investment and trade opportunities
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Trade exchange between Egypt, Sweden records $541m
15,000 Egyptians working in Swedish companies, says Swedish ambassador.
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Egypt’s GASC seeking rice in international tender
GASC said it was seeking short grain milled white rice of any origin, with 10-12 percent broken parts.
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Egypt ranks 104 out of 157 on Human Capital Index
The World Bank’s Human Capital Index shows Egypt’s low productivity levels as being largely due to the country’s education system.
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EU-Arab summit set for February 24-25 in Egypt
European Union and Arab leaders will meet in Egypt in late February for their first summit as part of efforts to forge a new European-African alliance
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Egypt accuses three oil executives of embezzling nearly $1 billion
The firm's former deputy chairman and two other officials face a criminal trial on charges that they manipulated the company's books.
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Egypt reaches $3 billion financing deal with World Bank
In November 2016, Egypt's Central Bank floated the Egyptian pound and raised key interest rates as part of a set of reforms.
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Egypt’s petroleum minister says LNG vessel to leave before weekend
Norway’s Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.
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HSBC Egypt launches virtual cards for business customers
The card gives businesses the ability to generate single or multiple-use virtual card numbers to make bill payments or pay suppliers.
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Egypt's Sarwa Capital falls 15% on market debut
Sarwa's flotation is among a number of new share offerings from both private and state companies expected to test investor appetite in Egypt.
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Presidents of Russia and Egypt to discuss resumption of direct flights
The special experts are expected to address the issue directly.
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Egypt prepares for London Stock Exchange
Kamel said that the traditional form of the Egyptian pavilion usually established in previous similar events has changed completely.
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Egypt, Tatarstan agree to set up business council
The protocol was signed by chairman of the Federation of Egyptian Chambers of Commerce Ahmed el Wakil and his Tatarstan counterpart.
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Egypt's SODIC says seeking to take over Madinet Nasr
After a brief halt in trading, SODIC shares were up around 5 percent and Madinet Nasr’s were around 10 percent higher.
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Egypt PM lauds IMF report on economic performance
The report was positive and focused on the good economic performance in Egypt despite the crisis witnessed in emerging markets.