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Egypt, Saudi Arabia Consider Trade Exchange in Local Currencies
Egypt >> 11/20/2023 - Egypt and Saudi Arabia are considering the use of local currencies in trade exchange, said Yehia El-Watheq Bellah, head of the Egyptian Commercial Service (ECS).

The central banks of the tw...
Environment Minister Discusses Cooperation With EIP
Egypt >> 11/20/2023 - Minister of Environment Yasmine Fouad, met, 20-11-2023, with Gelsomina Vigliotti, Vice President of the European Investment Bank for the Middle East, and her accompanying delegation, to discuss areas ...
Emirates NBD, Turkish Hayat Sign €30 Mln Loan to Establish Tissue Facility in Ain Sokhna
Egypt >> 11/20/2023 - Emirates NBD Egypt, a subsidiary of Emirates NBD, announced the signing of a €30 million ($32.8 million) medium-term loan agreement with Hayat Egypt for Hygienic Products, a subsidiary of Turkish Hay...
Bid to Boost Economic, Trade Ties With Bahrain
Egypt >> 11/21/2023 - The first meeting of the Egyptian-Bahraini governmental committee for trade, economic, scientific and technological co-operation will be launched tomorrow at the headquarters of the Ministry of Financ...
Bid To Saudi Investments in Tourism
Egypt >> 11/21/2023 - Minister of Tourism and Antiquities Ahmed Issa met with Saudi Commerce Minister Majid bin Abdullah Al Qasabi and a delegation of Saudi investors and businessmen.

The meeting came within the...
Pegypt Keen to Help Accor Expand Activities Here
Egypt >> 11/21/2023 - Prime Minister Mostafa Madbouli has voiced hope that Accor Group would expand its hotel activities in Egypt.

Madbouli's remarks came on Monday at a meeting with Sébastien Bazin, Chairman an...
Partfintech Companies Attracts $800M in 2022: CBE
Egypt >> 11/21/2023 - The number of financial services companies raised from 32 to 177 companies from 2017 to 2022.

In addition to that, these companies had a significant contribution to Egypt’s economy by attra...
Fintech Companies Attracts $800M in 2022: CBE
Egypt >> 11/21/2023 - The number of financial services companies raised from 32 to 177 companies from 2017 to 2022.

In addition to that, these companies had a significant contribution to Egypt’s economy by attr...
Govt Should Provide More Incentives for Local Industry Amid Anti-Israel Boycott Campaign: Experts
Egypt >> 11/21/2023 - The Egyptian government needs to offer more incentives to boost local industries amid the campaign to boycott companies that support Israel, experts said to Ahram Online.

The boycott campai...
Egypt's International Cooperation Minister Participates in G20-Africa Summits
Egypt >> 11/21/2023 - International Cooperation Minister Rania Al-Mashat joined the G20 Compact with Africa (CwA) summit hosted by Germany, according to a statement.

Al-Mashat attended the investment summit, aim...
Saudi Batterjee Group Announces Acquisition Plans in Egypt’s Pharmaceutical Market
Egypt >> 11/21/2023 - The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within the next six months, Mazen Batterjee, Chairman of the group, s...
Eib Strengthens Middle East And North Africa Cooperation With New Cairo Hub
Egypt >> 11/21/2023 - The European Investment Bank (EIB) has inaugurated a new regional hub in Cairo to foster cooperation with Middle Eastern and North African (MENA) partners, according to a statement by the bank .
Gulf-Egyptian Business Forum Kicks Off in Cairo
Egypt >> 11/22/2023 - Egypt's Minister of Trade and Industry Ahmed Samir opened the first Gulf-Egyptian Business Forum at the Federation of Egyptian Chambers of Commerce (FEDCOC) in Cairo.

The two-day event is b...
EIB’s New Regional HQ in Cairo to “Open New Opportunities to Advance Development Efforts”
Egypt >> 11/22/2023 - Prime Minister Mostafa Madbouly and Minister of International Cooperation (MoIC) Rania Al Mashat attended the inauguration of the European Investment Bank’s (EIB) regional headquarters in Cairo earlie...
Egypt’s Iron, Steel Exports Grow By 65% in Nine Months
Egypt >> 11/22/2023 - Egypt's cast iron and steel exports surged to $1.74 billion in the first nine months of 2023, up by 65 percent, from $1.053 billion, in the corresponding period of 2022.

The figures were pu...
Paagriculture Min Meets Delegation of Saudi Investors
Egypt >> 11/22/2023 - Minister of Agriculture and Land Reclamation El Sayyed el Quseir discussed with a high-level delegation of Saudi businessmen and investors ways of boosting and scaling up Saudi agricultural investment...
Afrcabinet Holds Weekly Meeting at NAC to Discuss Important Files
Egypt >> 11/22/2023 - The Cabinet started its weekly meeting under Prime Minister Moustafa Madbouli at the New Administrative Capital (NAC) to discuss a number of political, economic and social files.

The meetin...
Egypt's Black Friday: Will Consumers Embrace Discounts Despite Inflation, Boycott Campaign?
Egypt >> 11/23/2023 - Black Friday, the highly anticipated shopping extravaganza following Thanksgiving, is rapidly gaining popularity among Egyptian consumers.

This year, Black Friday falls on 24 November, and...
27 Million Containers to Be Handled By 2030: EIFFA
Egypt >> 11/26/2023 - The Egyptian International Freight Forwarding Association (EIFFA) at Alexandria Chamber of Commerce (ACC), led by Medhat El-Kady, participated in the annual Dubai International Ports Shipping Summit, ...
Canadian Lotus to Explore Gold in Egypt’s Desert
Egypt >> 11/26/2023 - The Egyptian Mineral Resources Authority (EMRA) signed an agreement with Canadian Lotus Gold Corporation for exploration concessions on 525 square kilometres with $2.5 million in investments, accordin...

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