Egypt studies Tesla’s offer to provide battery systems for electricity storage
Mahina added that a committee was formed to study the localisation of electric battery manufacturing in Egypt with the participation of the Ministries of International Cooperation; Trade and Industry; Finance;…
World Bank launches Egyptian Economic Monitor for 2021, highlighting digital transformation
Marina Weiss, Regional Director of the World Bank for Egypt, Yemen and Djibouti; Nader Mohamed, Regional Director for Equitable Growth, Finance, and Institutions in the Middle East and North Africa…
CBE receives 33 offers worth $1.298bn to cover US dollar-denominated T-bill issuance
The CBE launched this tender on Monday at a value of $1.05bn for a period of 364 days, and it is due on 7 February 2022.
‘Decent Life’ initiative to be part of 2023-27 UN Sustainable Development Cooperation Framework: Al-Mashat
This is also reflected by the ministry’s keenness to enhance joint partnerships with the UN and relevant entities to develop a clear and accurate vision of the UN’s contribution to…
Banque Misr, Egypt’s Communications Ministry sign cooperation protocol to implement integration works
The minister said that the banking sector is one of the most important sectors in the country. The importance of this protocol comes in achieving integration with this important sector…
Egypt, South Korea explore cooperation in energy, transportation, and education
During his visit, Ambassador Hong met with the Governor of Aswan, Ashraf Attia Abdel Bari, to discuss ways of cooperation in the fields of energy, transportation, education, and culture. He…
Egypt’s FM discusses bilateral relations, mutual issues with Dutch, Maltese counterparts
Ahmed Hafez, the Spokesperson for the Ministry of Foreign Affairs, said that the Dutch minister’s call comes in the context of communication with the Egyptian side, especially with the start…
FAB aims to submit compulsory purchase offer to acquire 51% of EFG Hermes: FRA
FAB chose UBS AG as financial adviser, and Matouk Bassiouny and Hennawy as legal advisers
Levelling the playing field is vital to boost foreign Investment in Egypt: German Ambassador
“It is all about equal treatment and investment conditions. I think the industry is willing to engage more. There are a lot of talks with Egypt and discussions in general…
AfCFTA Adjustment Fund agreement signed in Cairo
Fund will support African countries to effectively participate in new trading environment established under AfCFTA
