News

The American Chamber of Commerce in Egypt (AmCham Egypt) has started yesterday its annual 43rd door-knock mission to the U.S. aimed at bolstering bilateral cooperation between the two countries.
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Vortex Energy, a global renewable energy platform managed by the private equity arm of EFG Hermes, has entered into a definite agreement with Ignis Energy Holdings, parent company of Spanish…
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Egypt has secured EUR 100 mn funding from France to establish a wholesale market in Borg El Arab, the Supply Ministry said in a statement following a visit to France by Minister Ali Moselhy on Friday.
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The German auto manufacturer, Mercedes-Benz Vans, agreed to supply Egypt with 2,510 ambulances and mobile medical clinics at a cost of over EGP 3 billion as part of the national project for rural…
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Egypt is keen on enhancing the engagement of local and foreign private-sector companies in supporting the national development plans, according to Egyptian Minister of Finance, Mohamed Maait.
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South Africa’s Rand Merchant Bank has named Egypt the most attractive African country for investment in a report.
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Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that the country saw a 12.9% decrease in its manufacturing and extractives index in July 2021
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Shell Egypt and Shell Austria, subsidiaries of Royal Dutch Shell, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron…
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Egypt is planning to issue its second dollar-denominated bonds in 2021 on Thursday, in a bid to take advantage of low borrowing costs before the US Federal Reserve decides to reduce its monetary…
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The Egyptian Minister of Finance, Mohamed Maait, announced the launch of the pilot operation of the electronic receipt system which will be fully implemented in six months and a half. 
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