Economics
March 15, 2022
Rapid Development of the Digital Economy in the Gulf
Gulf countries are showing significant progress in the growth of the digital economy. Both the government and private sectors are…
July 3, 2020
CBE representative to join 2 committees on investment disputes settlement upon PM decision
CAIRO – 3 July 2020: Upon a decision by Prime Minister Moustafa Madbouli, a representative of the Central Bank of…
July 3, 2020
PM reviews report on OECD Investment Policy Review of Egypt
CAIRO – 3 July 2020: Prime Minister Moustafa Madbouli reviewed on Friday a report of OECD Investment Policy Review of…
July 2, 2020
Belarus keen on boosting cooperation with Egypt in different domains: Belarus amb. to Egypt
CAIRO – 2 July 2020 – Belarus Ambassador in Cairo Sergei Terentiev asserted that Belarus is keen on boosting relations…
July 2, 2020
GAFI, EDA probe upgrading pharmaceutical, medical supplies’ industries
CAIRO – 2 July 2020: Chairman of the General Authority for Investments and Free Zones (GAFI) Mohamed Abdel Wahab discussed…
July 1, 2020
Italian Eni announces new gas discovery in Egypt’s Nile Delta
CAIRO – 1 July 2020: Italian oil and gas company Eni said it managed to drill the first exploration well…
June 30, 2020
Egypt’s revenues lose more than LE125B over 3 months due to COVID-19
CAIRO – 30 June 2020: Egypt’s revenues losses exceeded LE 125 billion over three months due to COVID-19, according to…
June 30, 2020
Services to be mechanized to facilitate procedures for investors: Trade min.
CAIRO – 30 June 2020: Minister of Trade and industry Nevine Gamea' said that her ministry is about to mechanize…
June 30, 2020
New transport entity formed after merging of 3 companies- minister
CAIRO – 30 June 2020: Minister of Public Business Sector Hesham Tawfik said putting into force law 203/1991, which was…
June 30, 2020
EGX flags in green during last session of week, market cap. gains LE4.4B
CAIRO – 30 June 2020: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 4.4 billion to market…
June 30, 2020
Egypt, USAID agree on 5 future projects worth $105M
CAIRO – 30 June 2020: Egypt and the United States Agency for International Development (USAID) have agreed on five future…
June 30, 2020
ITFC provides Egypt with $9.6B till June 2020
CAIRO – 30 June 2020: The International Islamic Trade Finance Corporation (ITFC) provided Egypt with $9.6 billion from 2008 to…
June 30, 2020
Egypt discovers new goldmine in Eastern Desert with more than 1M ounces
CAIRO – 30 June 2020: Egypt discovered new goldmine in the Eastern Desert, with reserves estimated at more than one…
June 30, 2020
Egypt expends LE 61B of LE100B package allocated to confront COVID-19
CAIRO – 30 June 2020: Egypt spent LE 61 billion out of LE 100 billion allocated to counter the negative…
June 29, 2020
Egyptian steel, iron, cement exports decline 41.4% in 5 months
CAIRO – 28 June 2020: Egypt’s exports of iron, steel, and cement decreased 41.1 percent in the first five months…