The US-based oil and gas producer Apache has invested more than $20 billion in Egypt, the Regional Vice President and General Manager, David Chi, said. Read More...
Elsewedy Electric has entered the Asian market through its acquisition of shares in two companies involved in the transformer sector in Indonesia and Pakistan, valued at $60m.
In a statement to the… Read More...
The Federation of Egyptian Chambers of Commerce (FEDCOC) has held a series of intensive international meetings to develop commodity exports and open new markets for Egyptian products. Read More...
The National Bank of Egypt (NBE) has signed a cooperation protocol with the Egyptian Countryside Development Company (ECDC) to finance investors benefiting from the national project to reclaim,… Read More...
Global economic activity continues to show varying paces of recovery across countries and economic sectors, as the impact of the COVID-19 pandemic continues to weigh on the outlook, according to the… Read More...
S&P Global Ratings (previously Standard & Poor's), an American credit rating agency, affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on Egypt with a… Read More...
The National Bank of Kuwait – Egypt (NBK Egypt) has seen a net profit of 404.11 million Egyptian pounds during the first quarter (Q1) of 2021, slightly up from 402.7 million pounds a year earlier Read More...
Egypt’s keenness to back the Afreximbank’s efforts to support the African continent amid the novel coronavirus (COVID-19) pandemic has been affirmed by Minister of Finance Minister Mohamed Maait Read More...
The volume of trade exchange between Egypt and Ukraine reached $1.63 billion by the end of 2020, according to Head of the Egyptian side of the Egypt-Ukraine Business Council Gamal el Aguizy. Read More...
Egypt’s net foreign reserves slightly rose to $40.343 billion at the end of April from $40.337 billion at the end of March, a central bank data showed on Wednesday. Read More...