News
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Egypt, Tunisia to hold business forum
The forum comes as a part of the meetings of the 16th session of the Egyptian-Tunisian High Joint Committee.
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India, Egypt for increased cooperation in clean energy
Experts from both the countries shared ideas to promote clean fuel in the light of its increasing demand worldwide.
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IMF reaches agreement with Egypt on $2 billion loan installment
An IMF delegation visited Egypt from 25 October to 9 November to assess the progress of the loan programme, which was finalised in November 2016.
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Egypt state firm looks to cash in on thriving mobile sector
But some fear the state-owned firm, which already owns 45% of top existing operator Vodafone Egypt, will enjoy unfair advantages.
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Egypt: Business confidence at highest level in 26 months
The data took into consideration that both input and output price inflation softened.
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Egypt’s GASC says seeks wheat for Dec. 15-30 shipment
The authority was seeking to buy cargoes of soft and/or milling wheat from certain listed countries including US and Russia.
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Egypt reaffirms support to China's B&R Initiative
Egypt supports the Belt and Road Initiative that connects China with the world's continents through massive networks of land and sea routes.
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Egypt says foreign reserves rise to $36.703bn at end-October
Cairo’s foreign reserves have been climbing since the country secured a $12 billion, three-year International Monetary Fund loan programme.
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British Egyptian Business Association to promote Egypt investment opportunities in the UK
The ministry launched an industrial investment map last week with 4,136 opportunities in eight sectors across 27 governorates.
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What others can learn from Egypt on float anniversary
Despite mixed results, the foundations for structural improvement in the economy was laid and the capacity of policymakers to support growth improved.
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Attijariwafa Bank Egypt trade name inaugurated in Egyptian market
Launching Attijariwafa Bank identity in Egypt is a step to further enhancing the group’s presence in the region.
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Egypt's non-oil business activity downturn softens
Encouragingly, business optimism in October was the highest in more than two years.
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Egypt strives to keep pace with international business reforms
Egypt has carried out 29 reforms over the last 15 years, in comparison to Jordan (with 19 reforms), Tunisia (19) and Algeria (16): World Bank.
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Danish business delegation to visit Cairo before 2017-end
Denmark comes 34th in the list of countries investing in Egypt, with 149 companies operating in the country.
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Trade exchange between Egypt, Greece up 2.8% in 1st of 2017
Egyptian exports to Greece are estimated at 411.57 million euros in the first nine months of 2017.
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Egypt says Jordan to lift import ban on Egyptian potatoes
Egypt’s agricultural exports rose 13.9 percent during the first nine months of 2017, reaching 4.1 million tonnes compared to 3.6 million last year.
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Egypt economy to grow by 4.5 percent in 2018
IMF expects that the Egyptian economy will grow by 4.5 percent in 2018 up from 4.1 in 2017.
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Auto market awaits launch of 4th Egypt Automotive
The 4th annual summit of the Egypt Automotive Conference approaches next December amid drop in sales.
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Engie wins $400 million wind-power contract in Egypt
The energy will be sold to the Egyptian Electricity Transmission Company under a 20-year contract, Engie said.
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Egypt to keep customs exchange rate at 16 pounds in November
The pound has gradually strengthened in recent weeks, standing at about 17.63 to the dollar up from about 17.71 last month.