Economy

Trade between Egypt and Sweden up by 25% in 2020

Trade between Egypt and Sweden up by 25% in 2020

Trade and Industry Minister Nevin Gamea said on Friday, that trade between Egypt and Sweden witnessed a remarkable increase of…
Egypt tops world in orange exports: Volume of agricultural exports in 2020

Egypt tops world in orange exports: Volume of agricultural exports in 2020

Despite coronavirus repercussions, the Ministry of Agriculture and Land Reclamation in 2020 managed to achieve an unprecedented boom in the…
UAE’s Aldar and ADQ seek to buy control of Egypt’s SODIC

UAE’s Aldar and ADQ seek to buy control of Egypt’s SODIC

CAIRO, Sept 14 (Reuters) – The UAE’s Aldar Properties and ADQ have submitted a request to Egypt’s Financial Regulatory Authority…
EU, French Development Agency develop Ezbet Khairallah project at LE57 mn cost

EU, French Development Agency develop Ezbet Khairallah project at LE57 mn cost

A delegation from the French Development Agency, the European Union, the Small, Medium and Micro Enterprise Development Agency, and Cairo…
US dollar exchange rate stable on Monday

US dollar exchange rate stable on Monday

US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Egypt mulls joint cooperation with International Islamic Trade Finance Corporation

Egypt mulls joint cooperation with International Islamic Trade Finance Corporation

The Minister of Planning and Economic Development Hala al-Saeed received the CEO of the International Islamic Trade Finance Corporation –…
Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn

Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn

Egypt has become the latest member of the Africa Finance Corporation, opening up the path for potential investments tallying up…
Thursday’s US dollar to Egyptian pound exchange rates

Thursday’s US dollar to Egyptian pound exchange rates

On Thursday, the US dollar recorded LE15.64 for purchase and LE15.74 for sale at Banque Misr and the National Bank…
Finance Minister says Egypt will enter sovereign sukuk market in 2022

Finance Minister says Egypt will enter sovereign sukuk market in 2022

Egyptian Finance Minister Mohamed Maait said that his country will enter the sovereign sukuk market in 2022, explaining that investor…
Trade exchange between Egypt and UAE at $1.6 billion, minister

Trade exchange between Egypt and UAE at $1.6 billion, minister

Egyptian Minister of Trade and Industry, Nevine Gamea announced Friday that the volume of trade exchange between Egypt and the…
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