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The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt would decline to pre-pandemic levels by 2025 or 2026.
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US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for aircraft in Egypt, the company’s North Africa head Khaled Hashem said in a…
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The Egyptian Exchange (EGX) ended Tuesday’s trading session on a mixed note with the benchmark EGX30 index rising by 1.27% to 10,682.08 points.
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Egypt signed on  two memoranda of understanding with UAE renewable energy company Masdar and Hassan Allam Utilities – part of Hassan Allam Holding – to construct plants for green hydrogen production…
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The Emirati AMEA Power Company signed a memorandum of understanding (MoU)  to establish a project within the Suez Canal Economic Zone; to produce about 390,000 tonnes of green ammonia annually.
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Sixth of October Development & Investment Company (SODIC) has revealed its consolidated financial results for the first quarter (Q1) of 2022.
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the Central Bank of Egypt released the core set of financial inclusion indicators, which contribute to measuring the level and trends of financial services and products’ outreach to all segments of…
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Egypt’s Minister of International Cooperation Rania Al-Mashat and director of the German KfW Development Bank in Egypt Bernd Siegfried signed a financing agreement worth €26 million for phase 2 of a…
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Fitch Ratings has affirmed Egypt's long-term foreign-currency issuer default rating (IDR) at B+ with a stable outlook, the credit rating agency announced on Thursday.
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Standard and Poor’s (S&P) has affirmed Egypt’s long and short-term foreign and local currency sovereign credit ratings at B/B, S&P announced on Saturday.
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