Latest Business News
Egypt, Saudi Arabia to decide on electricity interconnection tenders next month
Relations between the two countries were not affected, says Abdel Rahim
Egypt must tackle inflation risks: Lagarde
“Other reforms have to continue, but there has to be a special…
Ministry starting operations of 5 tanneries end of May
The Establishment and Facilitating of Industrial Zones Fund has allocated EGP 200m…
Investment minister discusses increasing IFC finances
Egypt used $700m of its $2bn cooperation portfolio at the IFC between…
IDA extends application period for Raswa complex until 4 May
The authority increased the period of application submission because there was a…
New EJB board of directors to be elected 2 May
11 members to be chosen from 21 candidates of EJB United Alliance…
Government wants World Bank to accelerate approving loan’s 3rd tranche
Egypt also asked the World Bank to expand its financing for developing…
HCWW negotiates to finance Lake Qaroun project with €300m
The Holding Company for Water & Wastewater (HCWW) is currently negotiating with…
Banks’ foreign trade operations worth $28bn between flotation and 10 April
Documentary credits opened for $9bn, repayment of other collection and credit documents…
Jumia working to establish logistics centres in governorates for same-day deliveries
Mobile sales in Egypt amounted to 16.8 million devices for $2.9bn in…