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Egypt’s Minister of International Cooperation Rania Al-Mashat has announced that her ministry will focus, in 2021, on enhancing green financing tools, and ensuring the presence of the private sector…
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TAQA Arabia plans to delay its planned initial public offering (IPO) on Egypt’s stock market (EGX) to at least for the next five quarters, a source with knowledge of the matter told Daily News Egypt…
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With the launch of the start of trading on the basis of the African Continental Free Trade Agreement (AfCFTA), members of the African Business Council (AfBC), representing the pan-African private…
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Egyptian Minister of Trade and Industry Nevine Gamea met with her Sudanese counterparts to mull over increasing bilateral trade cooperation when she attended the Khartoum International Fair from 21 to…
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SMEs and agriculture players are being pushed further towards the digital light with a digital platform the Central Bank of Egypt (CBE) is working to set up to provide non-financial services, such as…
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The Central Bank of Egypt (CBE) issued a decision to allow people above the age of 16 to open bank accounts without the consent of their parents or guardians.
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Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to the latest UNCTAD Investment Trends Monitor, with Nigeria…
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Foreign Direct Investment (FDI) inflows to North Africa declined by 11 percent, reaching $14 billion, with reduced inflows to all countries except for Egypt, according to the United Nations Conference…
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Egypt’s GDP is projected to climb to 5.4 percent in 2021, according to the UN’s World Economic Situation and Prospects 2021 report.
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The global economy is expected to bounce back during 2021 but will still be below pre-pandemic levels for many years to come, according to the update reports on the global economy that were issued by…
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