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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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Egypt, IMF reaches agreement on component of new reform programme
Egypt reaches agreement with IMF on new economic reform programme: Finance ministry
Doaa A.Moneim , Sunday 16 Oct 2022
The Central Bank of Egypt (CBE) and the Ministry of Finance announced on…
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Egyptians Expat car import initiative may raise EGP 50 bn worth of FX -Maai
Expats could send some EGP 50 bn (c. USD 2.5 bn) into Egypt under a cabinet program that will allow Egyptians living abroad to buy new cars in exchange for hard currency, Finance Minister Mohamed…
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Egypt’s local cash reach EGP 6.7trn in July
Egypt’s domestic liquidity increased by EGP 97 billion to hit EGP 6.70 trillion by the end of July, according to report by the Central Bank of Egypt (CBE).
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Fitch Solutions increases expectations for Egypt’s GDP growth to 6.59% in 2022
Fitch Solutions has increased its projections tions for Egypt’s real GDP growth in 2022 to 6.59 percent, from 6.23 percent it expected a month ago.
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Orascom Construction adds $670m of new awards in Q3-22
Orascom Construction Plc has added $670 million of new awards to its backlog in the third quarter (Q3) of 2022.Orascom Construction Plc has added $670 million of new awards to its backlog in the third…
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