11/28/2023 - Minister of Communications and Information Technology Amr Talaat announced that Egypt has won the third place, up from 11th in one year, on the Offshore BPO Confidence Index 2023, as assessed by Ryan ... |
11/28/2023 - Prime Minister Mostafa Madbouli witnessed virtually the launching of the first phase of the e-platform of “golden license” for the purpose of offering facilities to investors and improving the busines... |
11/28/2023 - The UAE's major logistics firm, DP World, has commenced construction on a logistics park in Egypt's Red Sea industrial and tourist hub, Ain Sokhna, with an investment of $80 million, according to a Ca... |
11/28/2023 - Egyptian President Abdel-Fattah El-Sisi recently decreed the formation of a new board of directors for the Central Bank of Egypt (CBE) under Hassan Abdalla, who has served as acting governor of the ba... |
11/28/2023 - Egypt has recently entered into a memorandum of understanding (MoU) with the South Korean company STX to develop the Mediterranean port of Jarjoub and its affiliated economic logistics zone, according... |
11/29/2023 - African Development Bank (AfDB) downgraded its forecast of the growth rate of the gross domestic product (GDP) of Africa for 2023 and 2024 to 3.4 percent and 3.8 percent, respectively, from 4.0 percen... |
11/29/2023 - Chinese technology giant Huawei organized Tuesday a conference on Egypt’s digital transformation in the energy sector. Titled ‘Accelerating Digital Transformation in Egypt's Energy Sector’,... |
11/29/2023 - The European Bank for Reconstruction and Development (EBRD) is seeking the acquisition of minority stakes in state-owned financial institutions earmarked for privatization in Egypt, Heike Harmgart, he... |
11/29/2023 - The UAE's major logistics firm, DP World, has commenced construction on a logistics park in Egypt's Red Sea industrial and tourist hub, Ain Sokhna, with an investment of $80 million, according to a Ca... |
11/30/2023 - Egypt’s Suez Canal Authority (SCA) announced that it achieved a significant increase of 20.3 percent with the canal’s revenue reaching $854.7 million in November 2023, compared to $710.3 million in No... |
12/3/2023 - The Suez Canal Economic Zone (SCZONE),, signed a memorandum of Understanding (MoU) with the Norwegian company Scatec ASA on ship bunkering with green fuel in Eastport Said, with an investment cost of ... |
12/3/2023 - Egypt signed Sunday a letter of intent to join the Blue Partnership Agreement, during the activities of the United Nations Climate Conference COP28 held in the United Arab Emirates. The Mi... |
12/3/2023 - The International Monetary Fund (IMF) is on the verge of advancing with the next steps in Egypt's $3 billion loan programme shortly, Kristalina Georgieva, the managing director of the fund, said on Sa... |
12/3/2023 - The Egyptian government is currently reviewing partnership offers worth EGP 8 billion ($258 million) from investors in the real estate sector, Mahmoud Esmat, Minister of Public Business Sector, said.<... |
12/3/2023 - Egypt is ramping up restructuring efforts with the sale of ChillOut fuel stations to the private sector as part of the country's IPO programme, Hala El-Said, Minister of Planning and Economic Developm... |
12/3/2023 - The services sector was the top recipient of foreign direct investments (FDI) in Egypt during the fiscal year (FY) 2022/2023, recording $5.94 billion, or 59.16 percent of that year’s total FDI, accord... |
12/3/2023 - The International Monetary Fund (IMF) is on the verge of advancing with the next steps in Egypt's $3 billion loan programme shortly, Kristalina Georgieva, the managing director of the fund, said. <... |
12/3/2023 - The African Development Bank (AfDB) announced a financial package of $148 million to support the Commercial International Bank of Egypt (CIB) in its endeavors to strengthen small and medium enterprise... |
12/4/2023 - The Egyptian government is currently reviewing partnership offers worth EGP 8 billion ($258 million) from investors in the real estate sector, Mahmoud Esmat, Minister of Public Business Sector, said.<... |
12/4/2023 - Egypt looks forward to cooperating with the African Finance Corporation (AFC) to support climate action efforts, and to strength the path of green economic recovery, the Minister of Finance, Mohamed M... |