Main

African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), signed a US$250 million facility to provide funds for the Bank to advance procurement of…
Read More...

Egypt’s Minister of State for Military Production Mohamed Morsy and Nigerian Ambassador to Egypt Mohamed El-Salahi discussed ways to enhance economic and investment cooperation between the two sides.
Read More...

Egypt’s food exports to EU countries jumped 31 percent during the period from January to August 2021, registering a rise estimated at $437 million, compared with the same period a year earlier, the…
Read More...

The Central Bank of Egypt (CBE) signed a cooperation protocol with the General Authority for Investment and Free Zones (GAFI) and the Egyptian Credit Bureau (I-Score) to exchange data and information…
Read More...

Egypt's annual headline inflation rate recorded 7.3% in October, compared to 4.6% in the same month a year earlier and 8.0% in September 2021, official data showed.
Read More...

Telecom Egypt announced that the South African group Vodacom has made an initial offer to acquire Vodafone Group's stake in Vodafone Egypt. 
Read More...

 Housing and Development Bank (HD Bank) logged standalone net profits of EGP 1.43 billion in the first nine months of 2021, slightly up from EGP 1.42 billion in the year-ago period, the unaudited…
Read More...

Societe Arabe Internationale de Banque (SAIB) reported net profits of $14.17 million in the first nine months of 2021, an increase of 7% year-on-year (YoY) from EGP $13.18 million, the unaudited…
Read More...

Egypt and China signed a new economic and technical cooperation agreement, within the framework of the strategic relations between both countries, alongside the joint development efforts, according to…
Read More...

Abu Dhabi Ports Group is looking to invest $500 million in the Egyptian Red Sea port of Safaga and the dry port of 10th of Ramadan, Head of Ports Cluster at Abu Dhabi Ports, Saif Al Mazrouei, told Al…
Read More...