Main Marks Developments signs agreement with Misr Company, Retaj Hotels for MORAY project
Main Marks Developments has entered into a strategic cooperation agreement with Misr Company for Property Investment and Project Management. The agreement pertains to the commercial section of the MORAY project…
$1.8bn in payment orders issued for tax-free car import initiative
Minister of Finance, Mohamed Maait, announced that the deadline for the tax-free car import initiative for Egyptians abroad has arrived. There are no plans to extend the deadline further. Maait…
Al-Mashat to participate in World Economic Forum Special Meeting in Riyadh
Egypt's Minister of International Cooperation, Rania Al-Mashat, has arrived in Riyadh, Saudi Arabia, to attend a special meeting of the World Economic Forum (WEF) on April 28 and 29. Themed…
Egypt’s foreign trade records about $24.6bn in Q1 2023/24: CBE
The Central Bank of Egypt (CBE) has disclosed that Egypt’s foreign trade volume during the first quarter of fiscal year 2023/24 reached $24.595bn. Of this total, approximately $16.269bn represents imports,…
AAIB-NBE alliance grants Roya Developments EGP 5.6bn loan
The Arab African International Bank (AAIB) and the National Bank of Egypt (NBE), as lead arrangers, have collaborated with other prominent financial institutions to increase the joint loan provided to…
Maritime transportation: Key driver of Egypt’s trade
Maritime transportation facilitates approximately 90% of Egypt’s trade with world
Date palms thrive on salty water: New study reveals varietal benefits
New research from the International Center for Biosaline Agriculture (ICBA) offers hope for sustainable date production in arid regions. The study, published in Frontiers in Sustainable Food Systems, found that…
El Sewedy & HDB Technical Academy launches in Sadat Industrial City
Supporting education remains HDB’s top social responsibility priority: Ghanem
AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer
AstraZeneca Egypt has announced its collaboration with the Ministry of Health and Population to inaugurate a campaign focused on early detection and treatment of hepatocellular carcinoma (HCC), one of the…
EFG Hermes ONE receives FRA approval for digital onboarding in Egypt
EFG Hermes, a leading investment bank in the Middle East and North Africa (MENA), has announced that EFG Hermes ONE, its online trading platform, has achieved a significant milestone. It…