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Egypt’s non-oil private sector activity falls, but job creation rates pick up – PMI
Egypt’s non-oil private sector activity saw weaker conditions in July as output and new orders receded, a survey showed on Tuesday.
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Egypt to establish the “Suez Canal Healthy Food Industries” company
Egypt to establish an Egyptian joint stock company “Suez Canal Healthy Company for Food Industries” to implement businesses and projects related to food industries.
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Egypt’s Arab Contractors wins bid to develop Lebanon’s Port of Tripoli
Egypt’s state-run construction firm Arab Contractors has won a bid to develop Lebanon’s Port of Tripoli and its facilities, Egyptian Ambassador to Lebanon Yasser Elwi announced..
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Philip Morris bids for new cigarette factory license in Egypt
The Egyptian Industrial Development Authority (IDA) has held a bid opening session for the received technical offers applying to a new cigarette factory license, in the presence of four companies.
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Fawry will buy Banque Misr, CIB stake in Fawry Plus
The ordinary general meeting (OGM) of Fawry for Banking Technology and Electronic Payments has approved to purchase the stake of Banque Misr in Fawry Plus for Banking Services.
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Egyptian Accreditation Council signatory status in AFRAC extended to 2025
Egypt’s Minister of Trade and Industry Nevine Gamea announced that the Egyptian Accreditation Council (EGAC) signatory status in the African Accreditation Cooperation (AFRAC) has been extended to…
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Egypt allows pre-arrival customs clearance with 30% advance fee payment
Egypt has allowed companies operating locally to submit import documents to the customs authorities before goods arrive in the country, and to pay only 30% of estimated customs and fees, which will…
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Czech Export Bank allocates $300m for investments in Egypt
The Czech Minister of Foreign Affairs, Jakub Kulhánek, announced that financial institutions and banks in the Czech Republic have started helping companies to inject new investments into the Egyptian…
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DirectFN signs contract for African Exchanges Linkage Project
The African Securities Exchanges Association (ASEA) has signed a contract with DirectFN to procure an order-routing system, in support of cross-border trading between African markets.
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Crédit Agricole Egypt wins 4 international awards
Two major international publications, the Global Business Outlook and Global Banking and Finance Review have recently recognized Crédit Agricole Egypt as a winner of four prestigious awards, namely,…
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