12/13/2023 - The European Bank for Reconstruction and Development (EBRD) is considering providing two loans totaling $35 million to the Egypt-based Arab Investment Bank (aiBank), according to statements by the EBR... |
12/17/2023 - Egypt’s exports to Africa surged 13 percent year-on-year (YoY) to $6 billion between January and October, Minister of Trade and Industry Ahmed Samir stated . Top Egyptian exports to Africa ... |
12/17/2023 - Egypt bears an annual burden of over EGP 13 billion due to interest rate differences in loans provided domestically at discounted interest rates for production sectors, covering agricultural, industri... |
12/17/2023 - Egyptian pharmaceutical company APEX Pharma has announced plans to pump EGP 4 billion ($130 million) in investments to establish two state-of-the-art pharmaceutical factories in Egypt and Saudi Arabia... |
12/18/2023 - The cabinet’s Information and Decision Support Centre (IDSC) revealed in a report that Egypt’s non-oil trade deficit contracted by 15 percent to record 9.1 billion during the third quarter of 2023 com... |
12/18/2023 - The dollar exchange rate was stable at the start of transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buyin... |
12/18/2023 - The Prime Minister, Mostafa Madbouly, held a meeting today with the Governor of South Sinai, Major General Khaled Fouda, to follow up and discuss the executive position of a number of projects that ar... |
12/18/2023 - Telecom Egypt (TE) has received multiple non-binding offers to buy its broadcasting towers, according to a bourse statement released. The company confirmed that it is currently studying the... |
12/18/2023 - Egyptian Minister of Transport Kamel El Wazir and Japanese Ambassador in Cairo Oka Hiroshi conferred on means of boosting co-operation between the two sides in the various transport fields especially ... |
12/18/2023 - The Brazilian government invited Egypt to participate as a guest in all G20 meetings during Brazil's presidency of the group, which started in December and will last for one year, Ambassador Ragy El-E... |
12/18/2023 - The Egyptian government will build a comprehensive urban project on 2,000 acres in southern Cairo previously belonging to the state-run Iron and Steel Company, Minister of Public Sector, Mahmoud Esmat... |
12/18/2023 - Africa advanced efforts to develop an independent drug industry after Rwanda agreed to host the African Pharmaceutical Technology Foundation (APTF) in partnership with the European Investment Bank (EI... |
12/18/2023 - Administrative Capital for Urban Development (ACUD), the operator of Egypt’s new mega capital, is set to offer new green building incentives by the end of 2023, Chairman Khaled Abbas stated during a p... |
12/18/2023 - Egypt’s exports to Africa surged 13 percent year-on-year (YoY) to $6 billion between January and October, Minister of Trade and Industry Ahmed Samir stated. Top Egyptian exports to Africa w... |
12/20/2023 - Egyptian leading real estate developer Talaat Mostafa Group (TMG) announced that its hotel arm, ICON, has finalized an $882 million deal to acquire a 39 percent stake in Legacy Hotels, which owns seve... |
12/20/2023 - El Arish International Airport received five planes laden with 131 tons of aid relief, including medical supplies and equipment. In statements, the head of the Egyptian Red Crescent branch ... |
12/20/2023 - Prime Minister Moustafa Madbouli met on Wednesday with representatives of Saudi Arabia’s ACWA Power to discuss the timeline for implementing a green hydrogen project at the Suez Canal Economic Zone (S... |
12/20/2023 - Egypt has secured $5.6 billion from the partial and full sale of stakes in 14 state-owned companies, Prime Minister Mostafa Madbouly stated in a press conference. Madbouly stated that the g... |
12/20/2023 - Egypt's General Authority for Supply Commodities (GASC) has imported 50,000 tons of raw sugar to be delivered in February 2024 amid an alarming price increase in the local market, according to a Cabin... |
12/20/2023 - The European Bank for Reconstruction and Development (EBRD) announced providing a $100 million loan to the National Bank of Egypt (NBE) to finance Egyptian private micro, small, and medium enterprises... |