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Egypt’s annual headline inflation rises to 6.4% in August
Egypt's annual headline inflation rate registered 6.4% in August, up from 3.6% in the same month in 2020, official data showed.
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Forecast for Egypt’s hotel occupancy is still bullish, Colliers International
Colliers International maintained its optimistic forecast for Egypt’s hotel occupancy in its September report on MENA hotels.
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Egypt’s ongoing international cooperation portfolio amounts to $25bn: Al-Mashat
The ongoing international cooperation portfolio in Egypt currently amounts to about $25bn, according to Minister of International Cooperation, Rania Al-Mashat.
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IFC loans BCI Holding $30mn to expand Egypt, Algeria, Nigeria outputs
The International Financial Corporation (IFC), a member of the World Bank Group, announced it will offer a $30 million loan for BCI Holding SA Group to help the company expand its production in…
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Egypt plans to get state-run IPO programme back on track by year-end: minister
Egypt expects to restart the delayed IPO programme to list or sell additional stakes in over 20 state-owned companies by the end of the year, Planning Minister Hala al-Saeed told Bloomberg on…
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Egypt-Oman trade exchange posts $500m
Trade exchange between Egypt and Oman amounted to $500 million, according to The Egyptian Minister of Trade and Industry, Nevine Gamea.
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Jordan hosts energy meeting to discuss transporting Egyptian gas to Lebanon
Jordan is hosting on Wednesday a meeting for energy ministers of Egypt, Syria, and Lebanon to discuss the transportation of Egyptian gas to Lebanon for electricity generation, state-owned broadcaster…
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SODIC, CIB sign a Mortgage Finance Protocol
Leading real estate developer SODIC announced the signing of a collaboration protocol with the Commercial International Bank (CIB), to provide mortgage finance solutions to SODIC customers.
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CIB’s YouTube video gets Most live viewers of a financial inclusion awareness, Guinness
The Commercial International Bank (CIB) – Egypt has entered the Guinness World Records for the world’s highest number of live viewers of a financial inclusion awareness video via YouTube.
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Egypt, Jordan discuss strengthening economic cooperation, especially SME sector
Egyptian-Jordanian relations have recently witnessed a great momentum that will pave the way for the two countries to increase fruitful cooperation in various sectors, especially politics, economy,…
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