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Egypt’s export value to Germany surged by 31.30% to $848.20 million in 2021 from $646.10 million in 2020, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
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Egyptian President Abdel Fattah el-Sisi  called upon the rest of the world to support Africa in efforts to tackle climate change, noting that the continent has hit hard by the impacts of the…
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Egypt’s New Administrative Capital (NAC) is set to launch an international tender to install photovoltaic solar cells on the rooftops of some of its residential buildings to generate electricity with…
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Drive Finance and Non-Banking Services (GB Auto’s subsidiary) announced it has issued a corporate bond of EGP 700m the first issuance of an EGP 2bn programme with Commercial International Bank (CIB),…
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The Agricultural Bank of Egypt (ABE) has inaugurated a new business development service centre in the 6th of October City, as part of the NilePreneurs Initiative launched by the Central Bank of Egypt…
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The Board of Directors of the African Development Bank approved a development financing for Egypt worth $271m, within the framework of the rapid financing mechanism to face the repercussions of the…
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The Central Bank of Egypt (CBE) has approved for Banque du Caire to launch the Telda prepaid card.
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Cairo-born mass transport app Swvl is continuing its buying spree with the acquisition of Mexico-based transport firm Urbvan Mobility, giving the Nasdaq-listed startup access to the second most…
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Fitch Solutions upgraded its projections for Egypt’s real GDP growth slightly to 6.1 percent during 2022, up from the six percent projected a month ago, according to the MENA Key Themes 2022: Mid-Year…
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The value of US investments in Egypt increased to $9.2bn in FY2020/21, compared to the previous FY’s $7.7bn — an increase of 19.8% according to Data from the Central Agency for Public Mobilisation and…
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