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Fitch solutions said that the consumption sector in Egypt performed relatively well as compared to other markets in the world that were negatively affected by the COVID-19 pandemic.
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The reopening ceremony of Rams Road in Luxor will be a magnet for tourism, especially one-day trips, which represent 80% of the current tourist traffic in the city, according to Mohamed Osman, Head of…
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Egypt’s food exports have surged by 14% or $297 million during the period from January until July 2021, according to a statement by Food Export Council.
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Egypt’s long-awaited commodities exchange (Egycomex) is set to go live in 1Q2022, Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new exchange, told local press.
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Egypt’s Trade Ministry is on course to build 317 small-scale industrial complexes across 17 villages nationwide, as part of the state’s Decent Life initiative, Minister Nevine Gamea told Sada El Balad…
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The board of directors of Amer Group Holding Co approved the appointment of Saad Rabie Abdel Mohsen El-Khabiry as the company's CEO and Managing Director, succeeding Riad Mohamed Refaat.
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The Egyptian payment portal myFawry has been placed in the first position in the list with more than 1.6 million downloads in 2020, followed by the UAE-based Al Ansari Exchange Mobile App and Kuwait's…
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Banque du Caire reported standalone net profits at EGP 1.8 billion in the first half (H1) of 2021, up by 7% year-on-year (YoY) from EGP 1.7 billion.
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The Republic of Rwanda has become the first African country to ratify the Agreement for the Establishment of the Fund for Export Development in Africa (FEDA), while the Republic of Togo and the…
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Housing and Development Bank (HD Bank) reported consolidated net profits of EGP 1.004 billion in the first half (H1) of 2021, down by 5.6% year-on-year (YoY) from EGP 1.064 billion, including minority…
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