Egypt, France sign development finance agreements worth €1.7bn in 2021
Total French investments in Egypt amount to $5.5bn in various fields: Al-Mashat
CBE reveals reasons for high inflation in January 2022
Annual urban inflation increases to 7.3% in January 2022 from 5.9% in December2021 , highest rate since August 2019
Senate submits draft law to toughen penalties on cyber-extortion
In his proposal to the council, Al-Gendy said that in recent times, Egyptian society has experienced many crimes that it was not familiar with or used to before and that…
Communications Minister launches Egypt’s digital strategy for outsourcing industry
The launch included the participation of more than 120 international and local companies and a wide range of CEOs and leaders of specialised companies and outsourcing service providers.
Egypt’s Communications Minister discusses with Italian Ambassador in Cairo ways to enhance cooperation between their countries
The minister praised the common denominators between the two countries in light of the historical and cultural relations between them. He also expressed his hope for more cooperation in the…
Defence Minister witnesses strategic tactical command centres project
The project included visualising reports from leaders of different disciplines to ensure that the planned tasks are carried out accurately.
Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project
Company seeks to issue sukuk during current quarter: Sources
Egypt is important regional energy hub for Africa, Mediterranean, and Middle East: US Ambassador
Country has proven track record of leadership in energy production, distribution, and green technologies
Developing countries face growing risks due to coronavirus: World Bank
According to the 2022 World Development Report, rising inflation and interest rate increases pose further challenges to recovery, and developing countries need to focus on creating healthier financial sectors.
Petroleum Ministry signs $1.5bn facility for Assiut Hydrocracking Complex with 6 banks
Financing banks include HSBC, BNP Paribas, Italian Export Development, and Unicredit