UAE, Israel sign trade agreement to raise commerce beyond $10bn in 5 years
The agreement was signed between the UAE’s Minister of Economy Abdulla Bin Touq and Israel’s Minister of Economy and Industry Orna Barbivai, Emirates News Agency (WAM).
Egypt, JICA discuss cooperation in comprehensive health insurance
JICA’s support to Egyptian insurance project will amount to $400m starting from 2023
Wadi Degla is close to issuing EGP 1.2bn worth financing sukuk programme
The sources added that Tharwa Securitization, the issuance manager, is studying with the Financial Regulatory Authority, the required procedures, including the credit rating.
Hermes Financial Solutions aims to issue EGP 2.5bn worth securitized bonds
Total financing portfolio for financial leasing, factoring amounts to EGP 8.2bn: Al-Ayat
Environment Minister to launch biodiversity sessions during COP27
Minister Fouad delivers virtual speech at ‘The Road to the UN Ocean Conference’ meeting
Shoukry stresses need to promote international climate action
The meeting was attended by several ministers and officials from various countries and representatives of various parties involved in international climate action, including the executive vice president of the European…
Egypt’s industrial production records EGP 982bn in 2021: Trade Minister
The minister added that the industrial sector contributes 11.7% to GDP and is expected to reach 15% and absorb about 28.2% of the total Egyptian labour force in the coming…
Suez Canal Bank achieves net profit of EGP 96m in 1Q 2022
Loan portfolio, customer facilities grow by 9%
International Cooperation Ministry, AFD launch new country strategy until 2025
The collective journey in creating the new country strategy witnessed an important dialogue process that began in 2019, which aimed to achieve the Egyptian government’s priorities to fast-track social and…
Oil prices hike after EU leaders agree to ban most Russian crude imports
The President of the European Council said that the decision would immediately hit 75% of Russian oil imports.