News

The net profits of Misr Chemical Industries hiked by 474 percent year-on-year (YoY) to EGP 82.26 million during the first half (H1) of fiscal year 2020/2021, compared to EGP 14.34 million in the…
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Nigeria is looking to benefit from Egypt’s expertise in combating terrorism, Joe Keshi, the Special Envoy of the Nigerian President, told Egyptian President Abdel-Fattah El-Sisi in Cairo on Wednesday.
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Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to the latest UNCTAD Investment Trends Monitor, with Nigeria…
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Foreign Direct Investment (FDI) inflows to North Africa declined by 11 percent, reaching $14 billion, with reduced inflows to all countries except for Egypt, according to the United Nations Conference…
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Egypt’s GDP is projected to climb to 5.4 percent in 2021, according to the UN’s World Economic Situation and Prospects 2021 report.
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Hikma Pharmaceuticals announced on Tuesday plans to buy GlaxoSmithKline’s stake in some assets including the drugmaker’s pharmaceutical, consumer commercialisation and manufacturing business in Egypt…
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The Egyptian Ministry of Public Business Sector is planning to upgrade Egypt Aluminum at an estimated cost of 13 billion Egyptian pounds.The Egyptian Ministry of Public Business Sector is planning to…
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Egypt is cooperating with the UK to push for practical measures to combat climate change.
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Morocco received 2 million doses of Astrazeneca's COVID-19 vaccine on Friday, becoming the first African country to get a large enough shipment to roll out a nationwide immunisation programme.
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The International Monetary Fund (IMF) warned that Tunisia's fiscal deficit could exceed 9 percent of GDP and urged the country to control energy subsides, transfers to state companies and wages, even…
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