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Egyptian business tycoon Samih Sawiris will step down and will not stand for re-election as chairman of Orascom Development Holding (ODH) during next annual assembly meeting in spring 2022,ending a…
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Egypt has achieved an economic boom over the past seven years that enabled the country to become more resilient in the face of domestic and global shocks, especially amid the ongoing COVID-19 crisis,…
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Egypt has announced a set of tax exemptions aiming to support the industrial sector and boost economic growth. Amendments were made to the Value Added Tax (VAT) Law under the directives of President…
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Ezz Steel – Alexandria will buy 18% of the total equity in the Egyptian Steel Group from Ahmed Abou Hashima, the founding partner.
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Egypt’s trade deficit declined 22.5 percent during September 2021, recording $2.39 billion, compared to $3.08 billion in the same month of 2020, according to the state's statistics agency (CAPMAS).
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Talaat Moustafa Group (TMG) topped the Egyptian companies among the Forbes global list of the 50 most powerful real estate companies in the Middle East and North Africa 2021.
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Egypt’s food industry exports totalled $3.1 billion in the first nine months of 2021, up from the $2.8 billion in the same period last year, recording a 19 percent year-on-year increase and ranking…
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Russia will start financing construction of its anticipated sprawling industrial zone in Egypt, First Deputy Minister of Industry and Trade Vasily Osmakov said on Friday.
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Egypt has emerged as a key supplier of liquefied natural gas (LNG) to Turkey, with seven cargoes had been shipped so far in the fourth quarter, according to data from S&P Global Platts Analytics…
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Egypt is expected to secure a spot on JP Morgan’s emerging-market government bonds index by the end of next January, to become one of only two countries in the Middle East and Africa to join this…
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