Month: January 2021

First Abu Dhabi Bank fully acquires Bank Audi’s Egypt operations

Transaction is expected to be completed within next few months

Hossam Mounir

Egypt’s economic reforms contribute in handling COVID-19 crisis flexibly: Al-Sisi

Al-Sisi expresses Egypt’s deep appreciation for OECD’s role in formulating economic policies…

Bassant Mohammed

Egypt, Qatar agree to resume diplomatic relations after 3-year rift

Egypt aims to build on this step to strengthen Arab actions, and…

Daily News Egypt

Egypt’s manufacturing, extractive industries index up 0.84% in November 2020

Pharmaceutical, chemical industries index increases 7% due to higher demand for medicines,…

Hossam Mounir

Egypt, Spain agree to update 2001 cooperation agreement in tourism

Spanish Prime Minister confirms his country’s willingness to strengthen cooperation with Egypt…

Nehal Samir

Abu Qir Fertilizers negotiates with 11 financial institutions to get $80m-$100m fund

Company enters agreement to export urea in February at average price of…

Alyaa Stohy

Egyptian economy can recover quickly from COVID-19 repercussions: Finance Minister

Standard Chartered Bank’s latest expectations consistent with pre-pandemic estimates putting Egypt among…

Daily News Egypt

UK Export Finance offers £1.7bn guarantee for Egypt’s 2 monorails manufacturing

Bombardier consortium was named as preferred bidder for Egyptian monorails project at…

Nehal Samir

Opinion| Egypt seeks no halt to Ethiopian prosperity and development

Ethiopia may be one of the examples that require the use of…

Hatem Sadek