Main

Egypt's food exports to Saudi Arabia amounted to $177 million in the first seven months of 2021, down by 9% year-on-year (YoY) from $194 million, according to a statement by the Food Export Council. 
Read More...

The Egyptian government will launch the fourth phase of the immediate export subsidy payment initiative at the beginning of November. 
Read More...

The World Bank has approved a USD 360 mn facility to support the Egyptian economy as it recovers from the covid pandemic, the global lender said in a statement.
Read More...

The 12th meeting of the IATF2021 Advisory Council, held virtually on 22 October 2021 and chaired by His Excellency Chief Olusegun Obasanjo, Chairman of the IATF2021 Advisory Council and former…
Read More...

The British Global Business Outlook magazine announced that Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt) was awarded the Fastest Growing Digital Bank award for the year 2021.
Read More...

The volume of trade exchange between Egypt and the G20 countries has increased by 19.4% to $36bn in the first half of 2021 (1H 2021), government data revealed.
Read More...

The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged for the…
Read More...

Over 11,000 Egyptian importers have registered on Egypt's new Advanced Cargo Information (ACI) customs system since the start of the mandatory application in early October, according to Minister of…
Read More...

The World Bank has approved a $360 million development policy financing (DPF) loan to support the Egyptian economy's recovery from the COVID-19 pandemic.
Read More...

Egypt's exports to Romania jumped by 51.1% year-on-year (YoY) to $100.4 million in the first half (H1) of 2021, compared to $66.5 million, the Middle East News Agency (MENA) reported on Wednesday,…
Read More...