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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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Nigerian airlines are to suspend all flights from Monday over rising jet fuel prices, an umbrella organisation of operators said on Saturday.
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The National Bank of Egypt (NBE) — in its capacity as a financing agent — and the Agricultural Bank of Egypt (ABE) — in its capacity as a guarantor — signed a joint loan contract for the benefit of…
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MSMEDA financed more than 60,000 small and micro projects during the first quarter (1Q) of 2022 with about EGP 2bn, which generated over 105,000 jobs, according to Minister of Trade and Industry…
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Egypt’s net international reserves (NIRs) rose slightly in April to $37.1 billion, up from $37 billion posted in March, the Central Bank of Egypt (CBE) announced.
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The Federation of Egyptian Industries (FEI) and the Federation of Egyptian Chamber of Commerce (FEDCOC) denied reports on halting buying and selling gold in the country due to the allegedly unstable…
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Robert Oliphant, Parliamentary Secretary to Canada’s Minister of Foreign Affairs, is visiting Egypt and Morocco from May 8 to 12, said Minister of Foreign Affairs Mélanie Joly on Saturday.
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