News

The consolidated net profits of CI Capital Holding For Financial Investments hiked by 268.9% year-on-year (YoY) to EGP 1.22 billion in the first nine months of 2021, compared to EGP 330.77 million,…
Read More...

The inauguration of the world's largest spinning and weaving factory in El-Mahalla El-Kubra is in the second half (H2) of 2022, expected the the Egyptian Ministry of Public Business Sector
Read More...

The Suez Canal Authority (SCA) will raise transit fees by 6% in 2022, the authority's Chairman, Osama Rabie, said. The decision will be applied as of February 2022 on all ships, excluding tourist…
Read More...

 Egypt is set to be a regional hub for manufacturing and exporting ceramics, especially in light of the availability of energy sources, raw materials and qualified labor, according to Minister of…
Read More...

Egypt’s private sector is preparing to take to market USD 120-200 mn in corporate green bonds, Planning Minister Hala El Said said during COP26 climate summit in Glasgow yesterday.
Read More...

Egypt will be transformed by 2024 into one of major global hubs for transport and logistics through a massive 10-year plan to modernize its transport infrastructure, Egyptian Minister of Transport…
Read More...

The Ministry of Agriculture approved the allocation of new funding worth EGP 388 million to finance the veal project as part of the presidential initiative of Haya Karima (A Decent Life) for…
Read More...

Egypt's non-oil private sector contracted in October to its lowest level since May amid an international supply chain crisis, a survey showed.
Read More...

The value of industrial production grew by 7.1% to EGP 333.5 billion during the second quarter (Q2) of 2020, compared to EGP 313.2 billion in the same quarter in 2019, according to data by the Central…
Read More...

Egypt’s Ministry of Petroleum that Italian energy giant Eni made three oil and gas discoveries in the Western Desert.
Read More...