Egypt

12
January
Egypt: e-Cards, MoneyFellows Partnership to Provide Digital Financing Solutions to Pension and Cash Support Beneficiaries
Egypt: e-Cards, MoneyFellows Partnership to Provide Digital Financing Solutions to Pension and Cash Support Beneficiaries

e-Cards, a subsidiary of e-finance Investment Group operating in integrated smart solutions, has signed an agreement with prominent fintech MoneyFellows to provide facilitated financing solutions for...

12
January
Egypt: Sinai witnesses unprecedented boom in developing electricity networks, Minister
Egypt: Sinai witnesses unprecedented boom in developing electricity networks, Minister

Egyptian Minister of Electricity and Renewable energy Mohamed Shaker revealed that Sinai has witnessed a great and unprecedented boom in developing its electricity networks to be able to meet the need...

12
January
Egypt: Climate change is most pressing issue, requires utmost decisiveness, Madbouly
Egypt: Climate change is most pressing issue, requires utmost decisiveness, Madbouly

People around the world agreed that climate change has become the most pressing issue, and that it requires a global plan to face it with utmost decisiveness and speed, Egypt’s Prime Minister Mostafa...

12
January
Egypt: CBE, FRA call on financial agencies to improve microfinance services
Egypt: CBE, FRA call on financial agencies to improve microfinance services

The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) launched a joint announcement this morning from the Smart Village calling on multiple agencies that engage in microfinance...

11
January
Egypt govt denies any hike in meat price
Egypt govt denies any hike in meat price

The media center of the government denied reports that meat price has went high due to Copts' celebrations of Christmas.In a statement on Friday, the center said it contacted the Agriculture and Land...

11
January
Egypt: Govt investments allocated to N. Sinai, S. Sinai governorates estimated at EGP 21.1 bln: report
Egypt: Govt investments allocated to N. Sinai, S. Sinai governorates estimated at EGP 21.1 bln: report

 Minister of Planning and Economic Development Hala el Saeed said the plan developed for the 2021/2022 fiscal year directs a sum of EGP 21.1 billion in government investments to develop North Sin...

11
January
Egypt: CAPMAS, Egypt's monthly inflation down by 0.2 %, annual rate up by 0.5%
Egypt: CAPMAS, Egypt's monthly inflation down by 0.2 %, annual rate up by 0.5%

The Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS) on Monday revealed that the monthly inflation rate went down 0.2 percent in December 2021 compared with the previous month,...

07
January
Egypt: Tahya Misr Fund provides food, blankets to 1,000 families in Qena
Egypt: Tahya Misr Fund provides food, blankets to 1,000 families in Qena

Executive Director of the Tahya Misr Fund, Tamer Abdel Fattah, said that the fund sent a convoy on Wednesday with 12 tonnes of dry foodstuffs and 2,000 blankets for about 1,000 in-need families residi...

07
January
Egypt: Cabinet, FRA discuss proposed amendments to capital gains tax with stakeholders
Egypt: Cabinet, FRA discuss proposed amendments to capital gains tax with stakeholders

The Cabinet discussed on Wednesday the legislative amendments proposed on the capital gains tax with some government and industry stakeholders, including the Financial Regulatory Authority and the Egy...

07
January
Egypt’s Suez Canal organizes event on challenges in world trade at Expo 2020 Dubai
Egypt’s Suez Canal organizes event on challenges in world trade at Expo 2020 Dubai

The Suez Canal Authority is organizing a major event entitled "The Suez Canal and Challenges in World Trade" in the Egyptian Pavilion at Expo 2020 Dubai, on Sunday, January 16th, at 10:30 am GST.&nbsp...

07
January
Egypt: Suez Canal Bank participates in 2 securitisation issuances worth EGP 200m
Egypt: Suez Canal Bank participates in 2 securitisation issuances worth EGP 200m

The Suez Canal Bank participated — with a value ranging from EGP 195m to EGP 200m — in the securitisation processes of two financial leasing and mortgage finance companies.The bank participated with E...

05
January
Egypt: EFG Hermes completes 6th issuance of “Premium International” securitization bonds worth LE170M
Egypt: EFG Hermes completes 6th issuance of “Premium International” securitization bonds worth LE170M

EFG Hermes had completed the sixth issue, worth LE 170 million, as part of the process of issuing LE 2 billion securitization bonds for Premium International for credit services. The deal represents t...


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02 January 2022
Egypt reports highest quarterly growth in 2 decades at 9.8% in 1Q FY22
Egypt,
Bank & Finance, Business Climate,

Hala El-Said, Minister of Planning and Economic Development, reviewed on Wednesday the initial indicators of the Egyptian economy performance during the first quarter (1Q) of fiscal year (FY) 2021/22....



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15 June 2021
Egypt : Growth rates of Egyptian economy to reach 5% in 2021: Executive Director of IMF
Egypt,
Bank & Finance, Business Climate,

CAIRO – 9 June 2021: Egypt is one of the few countries that achieved growth rates during the pandemic driven by economic reforms and positive growth by the end of 2019, amid expectations that growth r...



Dr Hatem Sadiq, Professor at Helwan University on the Gulf r...
03 June 2021
Egypt sees unprecedented industrial leap
Egypt,
Business Climate, Industry,

Today, no one can deny or even reduce the size of the unprecedented achievements that are being made daily in the land of Egypt in all fields, especially industry. There is no doubt that Egypt has ach...



• PhD in architectural engineering, Cornell University, 2001...
15 February 2021
Egypt : GE Power’s Khalidi, Egypt can make sizable decarbonisation by retiring expired energy assets over 5-10 years
Egypt,
Energy,

gypt can make considerable progress, over the next 5-10 years, in decarbonising its power sector, says Abdurrahman Khalidi, Chief Technology Officer at General Electric (GE) Power MENA and S...



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15 December 2020
Egypt’s economic stability due to reform program: Businessman Ayman Al Gamil
Egypt,
Business Climate, Bank & Finance,

CAIRO - 13 December 2020: Businessman Ayman Al Gamil attributed Egypt’s economic stability to the reform program, launched by the political leadership and implemented by the government over the past f...



Mr Sayed Abdel Fadil is Head of Financial Sector at Metallur...
30 November 2020
Egypt : Unlisted agricultural company to issue sukuk in January 2021: FRA
Egypt,
Bank & Finance,

An unlisted agricultural reclamation company is preparing required documents to issue sukuk in 2021, according to Sayed Abdel-Fadil, Head of Central Administration for Corporate Finance at the Financi...