News

Egypt’s Prime Minister Mostafa Madbouly met with representatives of 90 French companies in Paris on Monday.
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Ericsson sees opportunities to market 5G technologies in the Middle East and North Africa, noting that Gitex Dubai is a good opportunity to showcase the uses of this technology, Shafik Traboulsi, Vice…
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Egypt hosts 13 subsea cables with five more under installation, the Egyptian Minister of Communications and Information Technology, Amr Talaat.
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The Egyptian government aims during the current fiscal year to achieve a primary surplus of 1.5 percent of GDP, reduce the total deficit to 6.7 percent, and reach growth rates of 5.4 percent,…
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Egypt’s balance of payments flipped to a surplus of USD 1.9 bn in the state fiscal year ending 30 June 2021, compared with a deficit of USD 8.6 bn in the previous fiscal year, when the early days of…
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 The Sovereign Fund of Egypt (TSFE) signed an agreement with Norway's Scatec and Fertiglobe plc to develop a 50-100 megawatt (MW) green hydrogen facility as feedstock for green ammonia production.
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TAQA Arabia, the leading private sector energy distribution group and a subsidiary of Qalaa Holdings, plans to implement solar power plants and gas projects in Sudan.
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Egypt’s year-on-year core inflation rose to 4.8 percent in September from 4.5 percent in August, the central bank said.
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IHS Markit’s PMI is a composite gauge designed to give a single-figure snapshot of operating conditions in the non-oil private sector economy in Egypt. 
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Egypt and Saudi Arabia have on Tuesday signed contracts to connect the two countries’ power grids, in a project that could enable them to exchange as much as 3 gigawatts of electricity capacity.
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