News
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Exhibitions represent important marketing platform
Wadi Degla Developments Chairperson and CEO Maged Helmy said that the company is exhibiting a range of its latest real estate projects in the market.
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Saudi's Tayyar to expand online travel business into Egypt
The move is part of a broader restructuring to build the firm’s leisure, hospitality and online sales services.
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Egypt minister set to sign deal to resume Russian flights
The 2 countries discussed resuming flights and signed a deal for a nuclear power plant as part of growing bilateral cooperation.
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Cyprus, Egypt, Greece agree to bolster maritime security
The move is part of the joint economic and defense projects between the 3 states.
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Stratex revises Egypt resource estimate
Stratex said the Inferred Mineral Resources of 5.9 million tonnes, at a grade of 1.11 g/t for a total of 209,000 ounces, remained unchanged.
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Egypt's mobile internet drives market growth by adding 1.3mln users
The total number of internet users increased from 40.1 million in August to 41.9 million in September.
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Rise in US dollar exchange rate due to increasing demand
The lowest price of the dollar was at the Arab Bank, which put it at LE17.70 for sale and LE17.60 for purchase.
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Egypt-Brazil committee to be formed to boost business ties
Trade volume between the two countries stood at $ 1.772 billion in 2016.
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Vodafone takes 400,000 new customers
The number of mobile subscribers in the Egyptian market declined in September to 99.39 million subscribers, compared to 99.5 million in August.
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Arby’s adding 50 restaurants in Egypt
The franchisee, Vantage Egypt for Tourism and Entertainment, plans to begin opening the locations in 2018.
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Trade exchange between Egypt, Ukraine hit $1.25 billion
Egypt's exports to Ukraine increased by 49.23 percent in the first half of 2017, Qabil said.
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Egypt’s GASC seeks wheat for Jan. 21-31 shipment
Tenders should reach GASC by noon local time (1000 GMT) on Tuesday. The results should come out after 3:30 p.m.
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Egypt’s economy rebounds as inflation drops, inflows rise
Egypt’s headline inflation rate rose at its slowest pace in nearly a year in November while the current account deficit fell by more than 65%.
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Tourism bounces back in Egypt and Tunisia, says CiR
Both Egypt and Tunisia are expected to see a recovery in passenger traffic and tourism over the next six months, thanks to subsiding safety fears.
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Egypt's Bitcoin scene seemingly growing despite looming uncertainties
The Central Bank of Egypt has repeatedly stressed that it does not acknowledge the leading cryptocurrency Bitcoin.
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World Bank signs $1.15 billion loan with Egypt
The loan is the last in a three-part package worth a total of $3.15 billion, the World Bank said.
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Archaeologists discover 2 ancient tombs in Egypt's Luxor
The tombs, located on the west bank of the river Nile in a cemetery for noblemen and top officials.
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Sisi focuses on youth entrepreneurship in COMESA investment conference
Egypt aims to create a healthy environment for entrepreneurs and to provide them with easy financing commensurate with their potential.
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Egypt’s 752MW solar programme reaches financial close
The Nubian Suns solar programme will consist of 13 solar power plants with total capacity of 752MW.
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Egypt to host Africa 2017 Business Forum
The Forum will take place between the 7-9th of December. The speakers feature some of Africa’s leading CEOs and policy makers.