Egypt’s engineering exports surge 24% in 8M 2022: EEC
The EEC added, in its monthly report, that exports achieved an increase of 5% to $294m in August 2022 alone, compared to $279m in August 2021.
Total value of social insurance, pensions to reach EGP 45trn until 2068: Finance Minister
Ministry transferred over EGP 558bn to pension funds since 2019: Maait
Al-Mashat praises close cooperation with WFP in food security
World Food Security Conference comes within Egypt’s preparations for hosting COP27 in November
Partment for co-owned properties raises $1.5m
The round was led by Nclude — a leading venture capital platform focused on investing in fintech and fintech-enabled start-ups in Egypt, the Middle East, and Africa — and Plus…
Digital Economy Division, ITIDA holds workshop to raise awareness of companies’ intellectual property rights
This workshop will be held in cooperation with the Information Technology Industry Development Agency (ITIDA), the General Division for the Digital Economy of the General Federation of Chambers of Commerce,…
A subsidiary of Orascom Construction signs agreement with Supply Ministry to implement a warehouse
The company explained that the agreement included the implementation of a strategic warehouse for basic commodities on a build-own-operate system in Fayoum.
Egytrans considers acquiring complementary company
The company said that alternatives and available ways to implement the acquisition are being studied to make a preliminary decision regarding proceeding with the deal.
Egypt’s Sovereign Fund begins selling shares of companies prior to their listing on EGX
The government aims to add assets to the IPO fund with a value between 5 and $6bn, according to Minister of Planning and Economic Development Hala El-Said’s statements.
Egypt’s PM approved AstraZeneca grant to establish a mini field hospital at COP27
The Cabinet also signed an agreement with the French Development Agency on financing the Alexandria-Abu Qir Metro project
Contact Financial, Trella partners to conquer transportation, logistics market
Contact and Trella are partnering up through four different subsidiaries within Contact; Contact Factoring, Contact Leasing, Contact Credit, and Contact Creditech. Each agreement provides a tailored service to finance Trella’s…