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Egypt: Maait, Ministry keen on providing luring environment for local, foreign investments
  • 04 January 2022
  • News

Finance Minister Mohamed Maait asserted the ministry's keenness on providing a luring environment for local and foreign investments to deepen partnership with the private sector especially amid the de...

Egypt starts 21/22 tax return season
  • 04 January 2022
  • News

The Egyptian Tax Authority announced the commence of the tax returns season of  the fiscal year 2021-2022. The authority indicated in a statement, Monday, that the authority receives tax ret...

Egypt: 7 companies win int'l digital tender for oil, gas exploration in 8 areas
  • 04 January 2022
  • News

Petroleum and Mineral Resources Minister Tarek el Molla announced on Monday the results of the first international digital tender for oil and gas exploration and production (E&P) in the Mediterran...

Egypt's export opportunities hit $1.1 billion within a year
  • 30 December 2021
  • News

The Commercial Representation Authority has provided 1,189 export opportunities with an estimated value of the most important at about $1.086 billion in the sectors of agricultural crops, food product...

Egypt's strategic reserves of wheat sufficient for more than 5 months
  • 30 December 2021
  • News

Moselhi said, during a press conference held, Wednesday, that next January, the first meeting of the Supreme Committee for the Marketing of Wheat will be held in cooperation with the Ministry of ...

Egypt: NBE, Misr Life Insurance launch new investment fund
  • 21 December 2021
  • News

The National Bank of Egypt (NBE) and Misr Life Insurance, one of the Misr Insurance Holding companies, launched the “Al-Ahly Life” investment fund under the management of Al-Ahly Financial Investment...

Egypt: 82% of state agencies, 69% of economic authorities adopt PPBB in their budgets - Finance Ministry
  • 21 December 2021
  • News

Egypt’s Minister of Finance Mohamed Maait said on Sunday that 80% of state agencies and 69% of economic authorities adopted the “programs and performance based budgeting” concept in their budgets for...

Egypt, IFC discuss bilateral cooperation in light of development priorities
  • 21 December 2021
  • News

Rania Al-Mashat, Egypt’s Minister of International Cooperation, has met with Walid Labadi, Country Director for Egypt, Yemen, and Libya at the International Finance Corporation (IFC), to discuss devel...

Egypt: UNCTAD showcases potential of African Continental Free Trade Agreement
  • 20 December 2021
  • News

The United Nations Conference on Trade and Development (UNCTAD) issued in December a report proposing how the African continent can optimally benefit from the African Continental Free Trade Agreement...

Egypt: Talaat Moustafa Group is Egypt’s most powerful real estate company, 10th in MENA- Forbes
  • 20 December 2021
  • News

Talaat Moustafa Group (TMG) topped the Egyptian companies among the Forbes global list of the 50 most powerful real estate companies in the Middle East and North Africa 2021.Forbes magazine stated tha...

Egypt, IEA, US energy companies discuss cooperation for COP27 success
  • 13 December 2021
  • News

Egypt’s Minister of Petroleum Tarek El-Molla held a series of meetings with leaders of international energy companies and organizations, on the sidelines of his participation in the Abu Dhabi Internat...

EGYPT: Ezz Elarab Automotive Group opens its latest Aston Martin Showroom
  • 02 December 2021
  • News

Ezz Elarab Automotive group, the Sole Importer of Aston Martin in Egypt, has recently launched the newest showroom for the luxury English brand.It is located on Park Street Business Complex in Sheikh...

EGYPT: 6MW solar power plant at Dina Farms commissioned
  • 01 December 2021
  • News

TAQA Arabia, the largest private sector energy distribution company in Egypt and a subsidiary of Qalaa Holdings’ Energy Sector, recently announced the commissioning and subsequent start of commercial...

EGYPT: Alexandria Light Rail Line Modernization Project in Egypt receives funding
  • 01 December 2021
  • News

The European Bank for Reconstruction and Development (EBRD) has approved the provision of a sovereign loan of close to US$ 283M to Egypt to finance the implementation of the Alexandria Light...

Egypte : EGX ends Tuesday in semi-collective regression amid foreign selling
  • 09 October 2021
  • News

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...

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