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S&P Global affirms Egypt’s rating amid IMF, GCC support
s&P Global Ratings has affirmed Egypt’s B credit rating with a stable outlook on the back of expectations that fresh financial support from the IMF and the GCC will help meet “large” external…
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CIB hosts workshop for Egypt’s textile leaders
Commercial International Bank (CIB), Egypt’s leading private sector bank, hosted over 50 leading corporates in the textile sector as part of the third edition of its flagship programme “Sustaining…
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CBE governor to review Egypt’s monetary policies in light of global developments
The Governor of the Central Bank of Egypt (CBE) Hassan Abdalla, will review Egypt’s monetary policies in light of global developments, on Sunday, during the third session on the first day of the…
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Egypt-Saudi power link project to begin trial operations in May 2025 – official
Egypt-Saudi Power Interconnection project is set to begin its first trial operations by May 2025, while the official operation will begin in two phases with a project capacity of 3,000 megawatts (MW).
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Egypt to launch new tourism promotion campaign next month: ETPB
A new tourism promotion campaign will be launched next month, aiming to present Egypt as a vibrant destination with diverse tourism products, according to Amr El-Qadi, Executive Director of the…
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Egypt Economic Conference 2022 to launch on Sunday
The Egypt Economic Conference 2022 is set to kick off on Sunday in Cairo, with the participation of economists and businessmen, to draw a roadmap for the future of the Egyptian economy, the Egyptian…
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Qatar discusses buying state-held stakes in Vodafone Egypt, other firms for $2.5 billion
Qatar Investment Authority (QIA) is in talks to acquire 20 percent in Vodafone Egypt from Telecom Egypt company with $2.5 billion well as other state-held stakes in unlisted companies, sources close…
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Qatar, Egypt trade exchange increases by 50% in 2021
Trade exchange between Qatar and Egypt increased 50 percent in 2021, according to the Chairman of Qatar Chamber of Commerce & Industry (QCCI) Khalifa Bin Jassim Bin Mohammed Al Thani.
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Juhayna, KarmSolar sign contract to build solar power plant in New Valley
Juhayna Food Industries Company signed a contract with KarmSolar Solar Energy Company to establish a hybrid central plant to generate and sell energy using solar panels, diesel generators and…
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Telecom Egypt, Lumen sign agreement to provide internet services in Egypt
Telecom Egypt has signed an agreement with the American company Lumen Technologies to establish the first regional focal point in order to provide internet services for telecommunications companies in…
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