Egypt’s economy expands healthily in annual term: FocusEconomics
The forecast projected Egypt’s total investments to grow by 14.4% in FY2021/22 — up by 0.4 percentage points from last month’s forecast — and 9.3% in FY2022/23. It also projected…
CIB Egypt details its digital transformation results amid COVID-19
Volume of mobile banking transactions more than doubled to 107% in 2021
Egypt keen to encourage owners of informal projects to reconcile their status: Trade Minister
Of these projects, 3,116 are commercial projects, 216 are industrial, and 11 are from liberal professions and animal production projects
Egypt distributes 40,000 food baskets to vulnerable families in Ramadan
The food basket distributed to each family contains fava beans, dry dates, canned meat, white beans, rice, pasta, oil, sugar, white cheese, and salt, which are the basic and balanced…
Huawei committed to supporting digital transformation in Middle East: VP
The company’s net profit amounted to $17.8bn, and the net profit margin reached 17.9% — an increase of 75.9% annually.
Egypt, Italy discuss ways to enhance cooperation in tourism
This is within the framework of the tourism ministry’s policy and its keenness on continuous coordination with the main markets exporting tourism to Egypt from around the globe.
Egypt, KFAED sign $2.5m grant agreement for feasibility studies on railway linking Egypt and Sudan
The agreement is within the framework of the Egyptian government’s vision to foster regional economic integration to offer neighbouring countries with preferential trade access, which is essential both to promote…
We seek to reduce debt-to-GDP ratio to less than 90% by end of FY2021/22: Finance Minister
We aim to achieve a primary surplus of 1.3% and a budget deficit of no more than 6.2%: Finance Minister
European official to visit Egypt to discuss preparations for COP 27
According to a statement from the European Commission’s office in Cairo, Timmermans will meet with Prime Minister Mostafa Madbouly, Minister of Foreign Affairs Sameh Shoukry, Minister of Electricity and Renewable…
Egyptian Derbies You Don’t Want to Miss
The Cairo derby already took place in November 2021, but plenty of other exciting matches still await. Here are the ones you should look out for