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Remittances from Egyptians working abroad grew 11.9 percent year-on-year from January to November 2020, the central bank said in a statement on Monday.
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The General Authority for Supply Commodities (GASC) said on Tuesday that it has signed contracts to import 480,000 tons of wheat from four countries after an international bid round.
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Egypt’s stock exchange’s (EGX) indexes ended higher on Tuesday, with the benchmark EGX 30 index rising 0.42 percent to 11,637 points.
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Egypt’s Minister of Trade and Industry Nevine Gamea and Minister of Military Production Mohamed Ahmed Morsi have witnessed the signing ceremony of a joint manufacturing agreement to produce electric…
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689 projects have been completed in the housing sector across Egypt, according to Minister of Planning and Economic Development Hala El-Saeed.
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Egypt’s Ministry of Tourism and Antiquities has announced that it has started with the electronic ticketing (e-ticketing) system for the museums at Sharm El-Sheikh and Hurghada.
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The European Bank for Reconstruction and Development (EBRD) has earmarked a combined €1 billion in financing and investment for Egypt this year, Deputy Regional Director Khaled Hamza told the local…
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Orascom Construction Plc has added new contracts worth around $920 million during the fourth quarter (Q4) of 2020.
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EFG Hermes Securities Brokerage acquired the market lead for brokerage ranking during January.
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Egypt’s current account deficit widened to $2.8 billion in the July-September quarter from $1.4 billion in the same quarter of 2019 as the coronavirus pandemic caused tourism revenues to collapse and…
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