Business
South Med project to be developed at investments worth LE1 trillion: TMG
July 3, 2024
South Med project to be developed at investments worth LE1 trillion: TMG
The CEO and Managing Director of the Talaat Moustafa Group (TMG), Hisham Talaat Moustafa announced that the South Med project…
Egypt to allow private sector to offer its goods on Mercantile Exchange: Minister
July 1, 2024
Egypt to allow private sector to offer its goods on Mercantile Exchange: Minister
The Egyptian Minister of Supply and Internal Trade, Ali al-Moselhi said that Egypt will allow private sector companies to list…
Egypt sees significant decline in total external debt
July 1, 2024
Egypt sees significant decline in total external debt
Egypt’s total external debt declined to US$160.607 billion during the first quarter of 2024, compared to $168.034 billion during the…
Egypt tops Africa in attracting foreign direct investment: UNCTAD
June 28, 2024
Egypt tops Africa in attracting foreign direct investment: UNCTAD
UNCTAD (United Nations Conference on Trade and Development) has announced that Egypt topped African countries in attracting foreign direct investment…
CIB eases international spending limits for credit cards
June 25, 2024
CIB eases international spending limits for credit cards
The Commercial International Bank announced Monday that it has eased international spending limits on all credit cards inside and outside…
‘Egyptians abroad car import’ initiative surpasses expectations, nearing $2 billion in revenue
June 21, 2024
‘Egyptians abroad car import’ initiative surpasses expectations, nearing $2 billion in revenue
Mohamed Maait, Egyptian Minister of Finance, confirms that the applications registered by Egyptian citizens residing abroad to benefit from the…
CAPMAS reports 36.5% increase in Egypt’s cotton exports during 2023
June 19, 2024
CAPMAS reports 36.5% increase in Egypt’s cotton exports during 2023
The annual report of the Central Agency for Public Mobilization and Statistics (CAPMAS) on cotton for the 2022/2023 agricultural season…
Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom
June 14, 2024
Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom
Egypt and Abu Dhabi Ports have finalized an agreement to build cruise ship terminals in several Egyptian ports. These ports…
Petroleum min., Japanese amb. discuss arrangements for Arab-Japan Economic Forum
June 12, 2024
Petroleum min., Japanese amb. discuss arrangements for Arab-Japan Economic Forum
CAIRO, June 11 (MENA) – Minister of Petroleum and Mineral Resources, Tarek el-Molla discussed with Japanese ambassador in Cairo Oka…
IMF, Egypt reaches staff level agreement worth US$820 million
June 8, 2024
IMF, Egypt reaches staff level agreement worth US$820 million
The International Monetary Fund (IMF) announced on Thursday that it reached a staff level agreement with Egyptian authorities on a…