News

Despite the challenges facing the canal during the period, the authority posted a record-high revenue of $5.84 billion during fiscal year (FY) 2020/2021, up by 2.2% from $5.72 billion in FY19/20, ,…
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Egypt has set a 5.4 percent GDP growth target for the financial year 2021-2022 that began in July, Planning Minister said.
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Elsewedy Electric Co signed a share purchase agreement (SPA) for 99.25% of the shares of International Cables Company. 
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Ghabbour Auto (GB Auto) announced that its wholly-owned subsidiary Drive Finance has received final approval from the Egyptian Financial Regulatory Authority (FRA) to provide consumer financing…
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The Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) signed a memorandum of understanding (MoU) with the Italian energy giant Eni to assess the technical…
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Egypt's annual headline inflation rate registered 5.3% in June, compared to 4.9% a month earlier and 6.0% in June 2020, according to data by the Central Agency for Public Mobilization and Statistics…
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The value of Egypt's industrial production, excluding crude petroleum extraction and refining, increased by 8.7% year-on-year (YoY) to EGP 183.1 billion in the first quarter (Q1) of 2020, compared to…
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The United States (US) has provided Egypt with over $30bn in economic assistance since 1978, US Ambassador in Egypt Jonathan R. Cohen told Daily News Egypt.
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IMA® (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on advancing the management accounting profession, held a roundtable for an…
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Egypt launches regular multi-stakeholder platforms held by the Ministry of International Cooperation to present development efforts and reforms being implemented across various sectors.
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