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Egypt builds EGP 1bn logistics zone at Alexandria Port
Egypt is set to connect logistics areas and cargo distribution centres directly with Alexandria Port through a network comprising of land, rail, and river means of transportation in a bid to boost the…
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Egypt is developing Alexandria Seaport to turn it into international trade hub
Egypt is developing Alexandria Seaport with the aim of turning into an international hub for logistics and trade, the Minister of Transport, Kamel El-Wazir, was cited as saying by local press.
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Egypt saw an uptick in M&A activity during H1
Egypt saw a strong pickup in M&A activity during the first six months of the year, becoming one of the most popular countries in the region as the economy continued to rebound from last year’s…
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Egypt’s SME Development Agency aims to market small business products in Africa
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is working in coordination with various concerned authorities to benefit from the promising African market to market the…
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S&P: Egypt’s soaring rates attract inflows but pose risks
Egypt must find a way to pay less on its debt if it is to weather a potential surge in global interest rates, S&P Global Ratings warned.
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Egypt tops emerging markets in curbing inflation
Egypt managed to reduce its inflation rate for the fourth successive year, topping all other emerging markets in curbing inflation.
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Egypt’s net international reserves rise to $40.67bn at August-end
Egypt's net international reserves increased by $63.1 million to $40.672 billion at the end of August from $40.609 billion at the end of July, according to data by the Central Bank of Egypt (CBE).
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Boosting trade exchange with African countries on top of Egypt’s priorities, Gamea
Egypt’s Trade and Industry Minister Nevine Gamea said that boosting cooperation and trade exchange with African countries is at the top of the state's priorities in a meeting on Sunday with the…
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There is no intention to impose new taxes on EGX’s transactions, Minister
The Egyptian Minister of Finance, Mohamed Maait, affirmed that no new taxes will be imposed on the Egyptian Exchange's (EGX) transactions.
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Egypt’s clothing trade exceeds EGP 300bn annually
The value of the clothing trade in Egypt exceeds about EGP 300 billion annually, according to the Chairperson of the Ready-Made Garments Chamber at the Federation of Egyptian Industries, Mohamed Abdel…
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