Business
We hope to obtain the first instalment of the IMF loan this December: Finance Minister
The Egyptian government has taken many reform measures to reduce the USD crisis and accelerate obtaining...
Giza Pyramids host Dior show for men’s autumn and winter collection
This is the first time that Dior has organised a show in Egypt, as well as...
Hermes topped stockbrokers in November with a turnover of EGP 8bn
Egypt has many natural resources that can place it in the ranks of global health tourism destinations: Tourism Ministry
Banks participating in Nilepreneurs initiative succeeded in qualifying more than 4,300 projects over a period of 3 years
Banking
ABE aims to open 4 new digital branches in cooperation with e-finance before the end of this year
Boom in SCBank’s performance indicators since Hussein Refai assumed chairpersonship 5 years ago
CBE grants ADIB-Egypt preliminary approval to launch prepaid card Takka in collaboration with ADI-Consumer Finance and Meeza
saib reports net profit of $26.5m with 87% annual growth in September 2022
QNB Alahli participates in COP27
HDB launches Housing & Development Properties company for real estate marketing
Real Estate
Lozan Urban Development Group launches Methaq Development an Egyptian-Saudi partnership new entity with investments exceeding EGP 5bn
Abdullah Al-Amoudi, Regional President of Methaq Development, expressed his happiness at his presence in his second...
Naia Developments intends to invest EGP 30bn in Egypt’s property market over 3 years
After COP27, property developers seek to incorporate green building standards in their projects
COP27: TMG, Schneider partner to provide latest smart solutions, sustainability standards in Noor City
Energy
We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister
The minister added on the sidelines his participation in COP27 that Bulgaria looks forward to activating the...
Egyptian President meets with Fortescue Future Industries over green hydrogen opportunities ahead of COP27
KarmSolar announces new minority stake round
Enppi, Petrojet acquire foreign partner’s stake for $117m
Industry
Parliament’s Industry Committee meets new Industry Minister
Minister of Trade and Industry Ahmed Samir met with members of the Parliament’s Industry Committee and...
5.85% decrease in Egypt’s manufacturing, extractives index in May 2021
AAAM, Afreximbank sign MoU to boost Africa automotive investment
Egypt expects $5.8bn of chemical industries exports in 2021: Official
Trade
Zimbabwe open for business, hopes to boost trade with Egypt: Finance Minister
Egypt and Zimbabwe share a long history dating back to the 1960s, as most Zimbabwean liberation...
AfCFTA should to be given more support at COP27: Afreximbank President at Egypt-ICF
WTO head Ngozi Okonjo-Iweala: how trade can help beat inequality
Trade Ministry presents 83 investment opportunities for local production
Mercedes-Benz Egypt on track to open logistics hub in Suez Canal Economic Zone
In September 2021,Mercedes-Benz Egypt signed a contract with the Suez Canal Economic Zone to allocate land to establish the logistics hub.
Tourism
Middle East sees 225% increase in international arrivals in January-September 2022: UNWTO
International tourism is on track to reach 65% of pre-pandemic levels by end-2022
Egypt aims to promote tourism during 2022 FIFA World Cup
Egypt’s NMEC celebrates 100th anniversary of discovery of Tutankhamun’s tomb
New Valley has enormous tourism potentials: Governor
Technology
Vodafone Egypt is contributing to Egypt’s 2030 Vision for Sustainable Development: External affairs director
Vodafone is also supporting the agricultural sector to save 18 billion cubic meters of water using...
