12/9/2018 - The executive director of the Micro, Small and Medium Enterprise Development Agency (MSME) Nevine Gamea has said that Egypt will ink a 45-million-euro loan deal with the European Union by the beginnin... |
12/9/2018 - Egypt signed an agreement for UK Petroleum giant British Petroleum (BP) and UAE investment fund Mubadala to buy a 45 percent stake in the country's Noor offshore natural gas concesion in the Meditera... |
12/9/2018 - The Central Bank of Egypt (CBE) announced that the government would issue LE5 and LE10 plastic banknotes by 2020, anticipated to be more durable then paper banknotes. Economists praised the... |
12/9/2018 - Egypt is promoting itself as a linchpin for intra-African trade and a model of economic reform as it prepares to chair the African Union in 2019. The country hosted a high-level business foru... |
12/9/2018 - The World Bank is pushing to prise open more space for Egypt’s private sector with $1 billion in new funding, part of a second phase of support that follows two years of painful economic reforms, the ... |
12/9/2018 - Gulf markets closed mainly in the red , with market heavyweights Emaar Properties and Emirates NBD dragging Dubai’s index lower and Egypt’s market falling to fresh lows for the year. After pl... |
12/9/2018 - Minister of Trade and Industry Amr Nassar asserted ongoing coordination with the Central Bank of Egypt to activate its financing role to boost Egypt's presence in the African markets. This ca... |
12/9/2018 - Minister of Investment and International Cooperation Sahar Nasr said Egypt is the gate of Africa and a meeting point of the old and modern civilizations. Addressing the third edition of Afric... |
12/9/2018 - Trade and Industry Minister Amr Nassar discussed cooperation with his Algerian counterpart Youcef Yousfi. The meeting, held on the sidelines of the Africa 2018 Forum in Sharm El Sheikh, mulle... |
12/10/2018 - Prime Minister Mostafa Madbouli attended the signing ceremony of a 1.25-billion-dollar agreement between Egypt's Carbon Holdings Co. and the Africa Finance Corporation to fund the Tahrir Petrochemica... |
12/10/2018 - Africa 2018 Forum recommended promoting the public–private partnership (PPP), especially in infrastructure projects. Addressing the forum's closing session, Minister of Investment and Intern... |
12/10/2018 - The establishment of a new fund, "Sawari Ventures North Africa 1" was declared on Sunday 9/12/2018 on the sidelines of the Africa 2018 Forum held under the auspices of President Abdel Fattah el Sisi.<... |
12/10/2018 - Director General of the Arab Bank for Economic Development in Africa (BADEA) Dr. Sidi Ould Tah described Africa as a continent of opportunities. Addressing a discussion session at the third ... |
12/10/2018 - Egypt and the EU signed two grants worth 55.8 million euros, to be directed to the water and renewable energy sectors. The documents were inked on the sidelines of Africa 2018 Forum, hosted b... |
12/10/2018 - The Egyptian Cabinet’s Information and Decision Support Center (IDSC) denied rumors circulated by some websites and social networking pages, about Egypt selling 49 percent of the Suez Canal Economic Z... |
12/10/2018 - Minister of Finance Mohammed Maait announced that Egypt’s economic performance improved in 2018, adding that the government has exerted efforts to reduce unemployment rates. After meeting wi... |
12/11/2018 - President Abdel Fattah El Sisi stressed Egypt's keenness on boosting aspects of cooperation with the Asian Infrastructure Investment Bank (AIIB). The president made the remarks during a meet... |
12/11/2018 - Prime Minister Mostafa Madbouli will inaugurate the 1st Intra-African Trade Fair (IATF2018), slated for December 11-17, Minister of Trade and Industry Amr Nassar said . The first-ever Intra-A... |
12/11/2018 - Egypt's Minister of Planning Hala El-Said said that the law on establishing the country's sovereign wealth fund is being put into effect. In July, Egypt’s House of Representatives passed a la... |
12/11/2018 - Egypt sold $1.1 billion in one-year dollar-denominated treasury bills in an auction , the central bank said. The average yield for the bills was 3.747 percent. The bills will mature on Dec. 1... |