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

Daily News Egypt

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

Hossam Mounir

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…

Sarah El-Sheikh

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.

Mohamed Alaa El-Din

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…

Alaa Haggag

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.

Sami Hegazi

Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project

Company seeks to issue sukuk during current quarter: Sources

Fatma Salah

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

Nehal Samir

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.  

Daily News Egypt

Petroleum Ministry signs $1.5bn facility for Assiut Hydrocracking Complex with 6 banks

Financing banks include HSBC, BNP Paribas, Italian Export Development, and Unicredit

Mohamed Farag