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Egyptian exports heading to Mercosur countries will be charged lower customs
Customs paid on some 6.9k goods heading to countries in the Mercosur trading bloc will be reduced by 10-12.5% in a move that will benefit exporters and make Egyptian products more competitive in…
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Egypt-South Korea launches online intellectual property management system
The Egyptian Patent Office (EGPO), in partnership with the Korea International Cooperation Agency (KOICA), has announced the launching of the new online Intellectual Property Management System on…
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Egypt’s M2 money supply increases 17.2% y-o-y in July – central bank
Egypt’s M2 money supply grew by 17.2 percent year-on-year in July, central bank statistics published on Tuesday showed.
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Egypt signs up for its first high-speed electric rail with Siemens-led alliance
Egypt has signed a 15-year contract worth $4.45 billion with a consortium led by German industrial group Siemens for a high-speed electric rail line to link its Red Sea and Mediterranean coasts.
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Trade Minister orders restructuring Egyptian side of Egypt-Nigeria Business Council
Egypt has decided to restructure the Egyptian side of the Egypt-Nigeria Business Council, with the new members’ tenure extending for three years effective from the date of publishing the decision in…
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Amazon inaugurates its first logistics centre in Egypt
Amazon inaugurated on Tuesday a logistics centre in Egypt as the global online shopping platform titan plans to launch Amazon.eg this year.
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Egypt’s consumption sector grows despite pandemic, Fitch
Fitch solutions said that the consumption sector in Egypt performed relatively well as compared to other markets in the world that were negatively affected by the COVID-19 pandemic.
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Egypt’s food exports seen a growth of 14% in seven months
Egypt’s food exports have surged by 14% or $297 million during the period from January until July 2021, according to a statement by Food Export Council.
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Egypt to build 317 industrial complexes as part of Decent Life initiative
Egypt’s Trade Ministry is on course to build 317 small-scale industrial complexes across 17 villages nationwide, as part of the state’s Decent Life initiative, Minister Nevine Gamea told Sada El Balad…
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Egypt’s payment portal myFawry placed at top of Forbes Middle East Fintech apps list
The Egyptian payment portal myFawry has been placed in the first position in the list with more than 1.6 million downloads in 2020, followed by the UAE-based Al Ansari Exchange Mobile App and Kuwait's…
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