Egypt

09
October
Egypte : EGX ends Tuesday in semi-collective regression amid foreign selling
Egypte : EGX ends Tuesday in semi-collective regression amid foreign selling

CAIRO – 5 October 2021: The Egyptian Exchange (EGX) ended Tuesday’s session in a semi-collective regression, adding around LE 70.36 million to market capitalization, amid foreign selling. The ben...

09
October
Egypte :  What companies implementing electrical linkage project between Egypt, Saudi Arabia?
Egypte : What companies implementing electrical linkage project between Egypt, Saudi Arabia?

CAIRO – 5 October 2021: Egypt and Saudi Arabia announced Tuesday signing the contracts of the electrical interconnection project between both countries, including contracts with three consortiums of i...

09
October
Egypt : How will Lebanon pay for Egyptian natural gas?
Egypt : How will Lebanon pay for Egyptian natural gas?

 CAIRO - 7 October 2021: Egypt’s Minister of Petroleum announced Tuesday that his country will export natural gas to Lebanon in the coming weeks. This statement came after his talks, held fo...

09
October
Egypt signs 1st green, Islamic credit facility contract worth $2B
Egypt signs 1st green, Islamic credit facility contract worth $2B

CAIRO – 7 October 2021: Egypt, represented by the Ministry of Finance, signed Thursday the first green and Islamic credit facility contract, worth $2 billion, for a period of 3 years. The contrac...

09
October
Egypte : 15.4% rise in Egypt's non-petroleum exports in first quarter of 2021
Egypte : 15.4% rise in Egypt's non-petroleum exports in first quarter of 2021

CAIRO - 7 October 2021: The cabinet's information center said non-petroleum exports rose by 15.4 percent to stand at $7.5 billion in the first quarter of 2021 against $6.5 billion in the first quarter...

30
September
EGYPT:Electrical interconnection through Cyprus turns Egypt into regional hub for energy transmission to Europe
EGYPT:Electrical interconnection through Cyprus turns Egypt into regional hub for energy transmission to Europe

Minister of Electricity and Renewable Energy, Mohamed Shaker, received Tuesday Homer Mavrommatis, the Ambassador of Cyprus in Cairo, to follow up on the developments of the electrical interconnection...

30
September
Egypt's National Committee studies steps for transition from Benchmark Interest Rate (LIBOR)
Egypt's National Committee studies steps for transition from Benchmark Interest Rate (LIBOR)

The Minister of International Cooperation Rania A. Al-Mashat chaired the third meeting of the National Technical, Legislative and Legal Committee, to study the Government of Egypt’s action plan regard...

30
September
Egypt's Chemical Industries Export Council targets to increase exports to African market
Egypt's Chemical Industries Export Council targets to increase exports to African market

The Chemical Industries Export Council is preparing a clear plan for targeting the African market with the sector’s exports during the coming period, based on providing and providing information to ex...

30
September
EGYPT:Trade exchange bet. Egypt, Brazil records $1.3B during 1st of 2021 BY
EGYPT:Trade exchange bet. Egypt, Brazil records $1.3B during 1st of 2021 BY

Trade exchange between Egypt and Brazil increased 22.9 percent, to record $1.3 billion during the first half of 2021, compared to $1 billion during the same period in 2020, according to data from the...

30
September
Egypt's marble exports up to $200M in 8 months
Egypt's marble exports up to $200M in 8 months

The Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) announced on Wednesday an increase in the marble and granite exports in the period between January and August 2...

29
September
Egypt's production index for transformative, extractive industries falls 12.19% in July
Egypt's production index for transformative, extractive industries falls 12.19% in July

Production index of manufacturing and extractive industries (excluding crude oil and petroleum products) decreased in July by 12.19 percent on a monthly basis, recording 103.09 (primary), compared to...

29
September
Egypt launches fund with LE1B capital to support financial technology, innovation
Egypt launches fund with LE1B capital to support financial technology, innovation

The Central Bank of Egypt said that the three banks, "National Bank of Egypt, Banque Misr and Banque Du Caire", intend to launch a fund to support the capital of emerging financial technology companie...


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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...



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19 November 2020
Egypt : Political stability ‘important pillar’ of development in Egypt: Businessman Ayman Al-Gamil
Egypt,
Bank & Finance, Business Climate,

CAIRO – 16 November 2020: Political stability is one of the most important pillars of development that Egypt is witnessing in the recent years, along with restructuring institutions, and restoring sec...



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02 November 2020
Egypt's agricultural exports record positive levels despite COVID-19
Egypt,
Agri-Food,

CAIRO – 1 November 2020: Egypt's agricultural exports have recorded very positive levels during the past months, despite what the world has witnessed of economic pressures and a complete or parti...



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05 October 2020
Egypt : Achievements of Egyptian poultry sector exceed expectations: Businessman Ayman Al-Gamil
Egypt,
Agri-Food, Business Climate,

CAIRO - 4 October 2020 The achievements of the Egyptian pourtlry sector in recent years exceeded all the expectations, Businessman Ayman Al-Gamil said Sunday. “After losing its great capabilities...



Nabil Diab is a Partner for Assurance services at PwC ...
29 September 2020
Egypt’s new data protection law and what it means for business
Egypt,
Information technology,

It is not an overstatement to say that data privacy is one of the hottest topics on the minds of business leaders around the globe today. The need for businesses to go digital is stronger than ever, a...