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Egypt-ICF 2022 kicks off 60 days Ahead of COP27
The second edition of Egypt-ICF 2022 and the Meeting of African Ministers of Finance, Economy and Environment for COP27, kicked off on Wednesday at the New Administrative Capital. Egypt ICF200 is…
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Afreximbank, UN World Food Programme Egypt discuss cooperation, food security
Afreximbank and the United Nations World Food Programme (WFP Egypt) have discussed cooperation in Smart Agriculture, Green Energy, Value Chain, Financial Inclusion and Impact Investment.
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Egypt unveils regulations governing reduced customs tariffs
Egypt decided to set new regulations governing customs duties that were reduced on 150 types of imported production inputs in a bid to stimulate national industry and maintain employment rates,…
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Egypt to establish pre-IPO fund – Minister
Egypt has set up a pre-IPO fund, with the aim of holding public stakes and working with strategic investors ahead of public offerings, Egypt’s Minister of Planning and Economic Development, Hala…
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Abu Qir Fertilizers to get about $100m loan from NBK
Abu Qir Fertilizers plans to get a loan of $80-100m that will be arranged by the National Bank of Kuwait – Egypt (NBK), to finance expansion in production capacity from 1,925 tonnes per day to 2,370…
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Government would back a more ‘Flexible exchange rate’– minister
We as a government do agree that a flexible exchange rate is definitely good for the economy," Planning Minister Hala El Said told BloombergTV today (watch, runtime: 6:40
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Egypt’s engineering exports leaps 27% in 7M 2022: EEC
Engineering Export Council of Egypt (EEC) has announced that the sector’s exports increased by 27% to $2.1bn from January to July 2022, compared to $1.6bn in the same period in 2021.
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Egypt plans issuing samurai, panda bonds
Egypt intends to cooperate with Japan to issue green samurai bonds, Minister of Finance, Mohamed Maait announced
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CBE, Trade Ministry mull fresh relief for importers
The Central Bank of Egypt and Trade and Industry Ministry could allow importers who are not able to retrieve a Form 4 customs document to pay six-month open letters of guarantee in exchange for the…
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Egypt’s investments in Africa up to $10.2 bln: Trade minister
Egyptian investments in Africa rose by $1.2 billion in 2021 to $10.2 billion, and trade volume with Ivory Coast has risen to $149 million, an increase of 178.5 percent compared to 2020, Egypt’s…
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