Browsing Category
Main
Egypt’s Central Bank issues 1st new polymer banknotes
The Central Bank of Egypt (CBE) has issued the new and first EGP 10 plastic banknote, which was printed in the new printing house in the New Administrative Capital (NAC).
Read More...
Read More...
IFC provides $150M ElSewedy Electric to develop solar energy projects
ElSewedy Electric announced that it has secured $150 million in financing from the International Finance Corporation (IFC).
Read More...
Read More...
Egypt achieved significant GDP growth in recent years: EBRD report
Although Egypt achieved significant real GDP growth thanks to its economic reform programme, the private sector’s potential to push development needs to be unblocked, according to a recent report…
Read More...
Read More...
Qalaa Holdings achieves EGP 18.7bn in consolidated revenues in 1Q
Qalaa Holdings consolidated revenues jumped to EGP 18.7bn during the first quarter (1Q) of 2022 — an annual growth rate of 134%.
Read More...
Read More...
Qatar in talks to invest USD 2-3 bn in Egypt
Qatari officials have discussed investing USD 2-3 bn in the local market in talks with the Madbouly government, Finance Minister Mohamed Maait told reporters on the sidelines of Amcham’s annual…
Read More...
Read More...
Egypt’s real GDP growth may be seen at 6.2% by end of June
Egypt's real GDP growth is expected to record 6.2 percent by the end of the current FY2021/22, with an expected 1.2 percent of GDP in primary surplus and 6.2 percent in budget deficit, according to…
Read More...
Read More...
Egypt’s industrial sector contributes 11.7% of GDP
The industrial sector contributes 11.7% to the country’s GDP and employs about 28.2% of the total Egyptian workforce,according to Minister of Trade and Industry Nevine Gamea.
Read More...
Read More...
valU, Arab Developers Holding partner to provide customers with maintenance installment plans
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, partnered for the first time with Arab Developers Holding, a leading real estate developer in Egypt, to offer…
Read More...
Read More...
AfDB to establish African Pharmaceutical Technology Foundation
The African Development Bank (AfDB)’s Board of Directors approved the establishment of the African Pharmaceutical Technology Foundation (APTF) on Monday.
Read More...
Read More...
Egypt’s National Bank to open its first branch in South Sudan on Tuesday
The National Bank of Egypt (NBE) will be opening its first branch in Juba, South Sudan with a capital of $30m this Tuesday.
Read More...
Read More...


