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Egypt will raise African aspirations in combating climate change during COP 27: FM
Egypt will raise the African continent’s aspirations in facing the impacts related to climate change during the United Nations’ Conference of Parties on Climate Change (COP 27) that will be held in…
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COP 27 in Egypt will be essential opportunity for Africa, world: UN
Secretary-General of the United Nations António Guterres said that the Conference of Parties to the United Nations Framework Convention on Climate Change (COP 27) that will be held in Egypt is a…
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Egypt launches textile industries council to develop spinning, weaving sector
Egypt issued a decision to establish a textile industries council headed by the minister and includes a number of other state officials and experts in the field, Minister of Trade and Industry Nevine…
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Egypt’s non-oil economy drops in 9-month low in January – IHS Markit
The IHS Markit Egypt Purchasing Managers’ Index (PMI) decreased to 47.9 points in January 2022 from 49 in December, marking the lowest level seen in the country's non-oil private sector economy since…
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Egypt’s economic success relied on firm political will: Maait
Minister of Finance Mohamed Maait stated that “were it not for the strong and supportive political will of the government, we would not have succeeded in the elaborate implementation of the economic…
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Egypt conducts study on carpet industry support – Minister
An integrated study was prepared to upgrade the Egyptian carpet industry and raise its competitive edge at both local and foreign markets, according to Minister of Trade and Industry Nivine Gamea.
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Egypt implements EGP113bn development projects in 3 years
Egypt has implemented 1,300 development projects with a total value of EGP 113 billion from 2019 to 2021, according to the second issue of the follow-up report on programme budgets and performance at…
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Egypt to issue its 1st sovereign sukuk offering before end of next June
Egypt will issue its first sovereign sukuk offering before the end of next June, according to Deputy Minister of Finance for Financial Policies, Ahmed Kojak.
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Egypt establishes road networks worth EGP 33bn in new cities
Egyptian Prime Minister Mostafa Madbouly affirmed that the state attaches great interest with road development and construction projects, especially those serving new cities.
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CI Capital aims to pilot its factoring services in 2022
CI Capital Holding will launch factoring services in 2022 which is expected to significantly boost the company’s portfolio, a source in CI Capital told local press
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