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The Egyptian Cabinet has approved a €51.518m- agreement (around $60.642m) between Egypt’s National Railways Authority and the Export-Import Bank of Korea for the upgrade of the 224-km Luxor-High Dam…
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The Agricultural Bank of Egypt (ABE) is keen to contribute to supporting the state’s efforts in developing the governorates of Upper Egypt at all levels, according to its Chairperson Alaa Farouk.
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Remittance flows to Egypt are expected to increase by eight percent in 2022 despite the repercussions of the global economic challenges, the World Bank stated.
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A consortium of the European Bank for Reconstruction and Development (EBRD), France’s Amethis – member of Edmond de Rothschild private equity platform, and SPE Capital announced the acquisition of a…
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The Egyptian government government is considering the issuance of Yuan-dominated bonds for the Chinese market, which is the second largest bond market globally, according to Minister of Finance…
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Preparations have been underway in Tunisia to hold the 17th session of the Egyptian-Tunisian Joint Higher Committee in line with Egypt’s vision to strengthen regional, economic, and technical…
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The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s GDP growth during the current financial year 2021/2022, ending in June – to 5.7 percent from the 4.9 percent…
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Egypt's annual inflation rate hiked to 14.9% in April 2022, compared to 4.4% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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The Ministry of International Cooperation and the European Union (EU) signed on a number of development financing agreements worth €138m.
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The Engineering Council of Egypt (EEC) is organising a commercial mission to Angola from 27 June to 1 July that aims to increase exports and access to the African market, which is considered one of…
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