Main

Orascom Construction Plc has added new contracts worth around $920 million during the fourth quarter (Q4) of 2020.
Read More...

Egypt’s current account deficit widened to $2.8 billion in the July-September quarter from $1.4 billion in the same quarter of 2019 as the coronavirus pandemic caused tourism revenues to collapse and…
Read More...

The French Minister of Finance will visit Egypt to finalise details of the bilateral projects that will be established under Egypt’s sustainable development 2030 agenda and their financing conditions,…
Read More...

Egypt aims to increase the contribution of the information communication technology (ICT) sector to 8 percent of its gross domestic product (GDP) within three years, its telecoms minister said.
Read More...

Egypt is expected its long-anticipated commodities exchange to start operation within the end of the current year or early next year, the country’s stock exchange chairman said.
Read More...

The Food Industry Export Council announced excluding dry beans and canned green fava beans from Ministerial Resolution No. 13 of 2021 regarding the continuation of stopping the export of beans of all…
Read More...

Banque Misr is looking to expand its offerings in Somalia, Djibouti and Kenya as part of the bank’s expansion into East Africa, Deputy Chairman Akef El Maghraby told Al Shorouk.
Read More...

The Commercial International Bank (CIB), Egypt’s leading private sector bank, has revealed it achieved outstanding results in its digital transformation during 2020, and is currently the market leader…
Read More...

Egypt’s government has launched the second phase of export support initiative to repay the exporters their overdue, announcing that the registration will open as of 7 February through until the end of…
Read More...

The investment cost of new projects contracted by industrial developers to be carried out in the Ain Sokhna Industrial Zone in 2020 hit $1.077 billion, the Suez Canal Economic Zone (SCZone) announced.
Read More...