Year: 2021

American companies consider using Egypt as export hub to Middle East, Africa: US Chamber

Despite Covid-19, Egypt’s economic performance in 2020 was impressive: Steve Lutes

Nehal Samir

Egypt-US relations: New chapter under Biden’s Administration

Egypt and the United States have been associated with close strategic relations…

Daily News Egypt

US military, economic assistance to Egypt reach $50bn, $30bn since 1978, respectively: Ambassador Cohen

US supports negotiated solution between Egypt, Ethiopia, and Sudan over GERD dispute

Nehal Samir

EGX sees decline in purchasing power, weakening chances to shatter 10,310 point resistance

The Egyptian Exchange (EGX) suffers from a clear decline in purchasing power,…

Alyaa Stohy

Saudi Arabia offers EGP 270m to 3 Egyptian banks for MSME finance: Mashat

The committee has decided that Banque Misr would benefit from its financing,…

Daily News Egypt

EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE

Volume of term deposits, proceeds of savings certificates in foreign currencies increased…

Hossam Mounir

Egyptian government to depend less on local market in budget deficit finance

Debt instruments worth EGP 587bn offered during Q1 2021/22, compared to EGP…

Hossam Mounir

Emerging markets offer highest growth opportunities despite challenges, volatility: Citibank

Bank expects SPACs to make purchases, seeking opportunities in emerging markets

Nehal Samir

Tigray Defense Forces displays captured Ethiopian soldiers in Mek’ele

UN asks Ethiopian authorities to cooperate to promote peace and stability in…

Sami Hegazi

Egypt, EBRD maintain close partnership developing green projects: International Cooperation Minister

Egypt has very close partnerships with the European Bank for Reconstruction and…

Nehal Samir