| 12/20/2023 - Egypt has initiated negotiations with India to explore the possibility of issuing rupee-denominated bonds in the Indian markets, Minister of Finance Mohamed Maait said during a press conference. |
| 12/21/2023 - 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... |
| 12/21/2023 - The Egyptian government is in talks with the International Monetary Fund (IMF) for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said in a press conference. “There could ... |
| 12/21/2023 - Prime Minister Moustafa Madbouli reviewed a proposal offered by a Chinese company to benefit from waste water of water desalination projects to extract minerals. |
| 12/23/2023 - The European Bank for Reconstruction and Development (EBRD) has announced its decision to provide the National Bank of Egypt (NBE) with a senior unsecured loan of up to $100 million. NBE will utilize ... |
| 12/23/2023 - The General Authority for Investment and Free Zones (GAFI) in cooperation with the Egyptian Agency of Partnership for Development in the Foreign Ministry organized a training program for administrativ... |
| 12/23/2023 - Deputy Housing Minister Sayed Ismail said that the utilities sector has witnessed an unprecedented leap in the implementation of projects and improving the services provided to citizens. He... |
| 12/23/2023 - The Egyptian Exchange (EGX) indices tumbled at the first session of the week and the market cap lost EGP 18 billion. Gold prices are still rising and 21-carat gold achieved a new high at EG... |
| 12/23/2023 - Global central banks’ reserves of US dollars declined to 59.2 percent during the third quarter of 2023 from 59.4 percent the previous quarter, the lowest figure since Q4 of 2022, according to the late... |
| 12/23/2023 - The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to keep key interest rates unchanged. This leaves the overnight deposit rate at 19.25 percent, the overnight lendi... |
| 12/24/2023 - Minister of Local Development Hisham Amna and Cairo Governor Khaled Abdel Aal discussed the progress of investment projects in various neighbourhoods for the 2023-2024 fiscal year. During ... |
| 12/24/2023 - The General Authority for Investment and Free Zones (GAFI) and the Egyptian Agency of Partnership for Development (EAPD) joined forces to deliver a training programme to workers at 18 African investme... |
| 12/24/2023 - Egypt’s rice production can cover local consumption needs for nine months, Ragab Shehata, head of the Rice Division at the Federation of Egyptian Chambers of Commerce, said “A kilogram of ... |
| 12/24/2023 - Egypt’s exports dropped 22 percent year-on-year (YoY) to $30.8 billion during the first nine months of 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CA... |
| 12/24/2023 - The Egyptian Exchange (EGX) indices tumbled at the first session of the week and the market cap lost EGP 18 billion. Gold prices are still rising and 21-carat gold achieved a new high at EG... |
| 12/24/2023 - The General Authority for Investment and Free Zones (GAFI) in cooperation with the Egyptian Agency of Partnership for Development in the Foreign Ministry organized a training program for administrativ... |
| 12/25/2023 - The Central Bank of Egypt (CBE) announced that some 4.7 million microentrepreneurs received a finance of EGP 78.3 billion till June 2023 compared to a finance of EGP 6.4 billion for two million microe... |
| 12/25/2023 - Egyptian entrepreneurs are moderately satisfied with various aspects of the business climate, according to a report released by local startup incubation firm Entlaq Holding. The report find... |
| 12/25/2023 - Financing offered to Egyptian microenterprises surged by more than 1,123%, reaching EGP 78.3 billion in June 2023 from just EGP 6.4 billion in December 2016, according to a press release by the Centra... |
| 12/25/2023 - Chinese technology giant Huawei has unveiled its Huawei Cloud for Startups 2024 programme, designed to accelerate the growth of startups in Egypt, according to a statement by the company. T... |
