News

Egypt started of a comprehensive plan to restructure the Industrial Modernization Centre (IMC) with the aim of updating its regulations, and contractual and financial procedures, in order to achieve…
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Egypt has become the 32nd member state of Africa Finance Corporation (AFC), the region’s leading infrastructure solutions provider, opening up a potential $1billion of investments.
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Egypt's annual headline inflation rate registered 6.4% in August, up from 3.6% in the same month in 2020, official data showed. 
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The ongoing international cooperation portfolio in Egypt currently amounts to about $25bn, according to Minister of International Cooperation, Rania Al-Mashat.
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Egypt expects to restart the delayed IPO programme to list or sell additional stakes in over 20 state-owned companies by the end of the year, Planning Minister Hala al-Saeed told Bloomberg on…
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Elsewedy Electric for Trading and Distribution as subsidiary of Elsewedy Electric signed two agreements with the Egyptian Electricity Transmission Company to build three substations in Central and…
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Jordan is hosting on Wednesday a meeting for energy ministers of Egypt, Syria, and Lebanon to discuss the transportation of Egyptian gas to Lebanon for electricity generation, state-owned broadcaster…
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Egyptian-Jordanian relations have recently witnessed a great momentum that will pave the way for the two countries to increase fruitful cooperation in various sectors, especially politics, economy,…
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Egypt saw a strong pickup in M&A activity during the first six months of the year, becoming one of the most popular countries in the region as the economy continued to rebound from last year’s…
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Egypt managed to reduce its inflation rate for the fourth successive year, topping all other emerging markets in curbing inflation. 
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