Egypt’s shift to green economy in FY 2021/22 is ‘priority’: Planning Minister
The plan also addresses the issue of the transition to a green economy with a focus on environmental improvement initiatives, El-Said added.
SODIC records strong growth across operational, financial KPIs for Q1 2021
Strength of Q4 2020 carried over, helping company deliver best Q1 on record for gross contracted sales, says Managing Director Maged Sherif
Orascom Investment reports 10% y-o-y revenue decline to EGP 730.5m in 2020
The cables business, notably Pakistani submarine fibre optic cable operator, Pakistan Cables, was the largest contributor to revenues, with 91% as of 2020, or -1.3pps y-o-y), recording EGP 664.2m (-11.1%…
Egypt, Guinea discuss enhancing cooperation in tourism
El-Anani invites Guinea’s Minister of Tourism to visit Egypt soon to strengthen bilateral relations in tourism
Egypt sees 33.8% increase in petroleum exports value in Q1 2021: CAPMAS
This compared to the $1.359bn recorded in the same quarter of the previous year.
Egypt targets growth rate of 5.4% in FY 2021/22: Planning Minister
El-Said noted that the growth rate expectations come as the novel coronavirus (COVID-19) pandemic will be contained by mid-2021, as a result of the availability of vaccines against the virus.
Egypt, South Korea discuss financing for various development projects
The mission, which is visiting Egypt from 28 May to 3 June, includes representatives from the Korean Ministry of Economy and Finance, and the Economic Development Cooperation Fund (EDCF) Evaluation…
Egypt to make EGP 1.2trn in total investments during FY 2021/22 plan: Planning Minister
The minister’s remarks came during her attendance at the Senate plenary session, on Monday, headed by Senate President, Counsellor Abdel Wahab Abdel Razek, and in the presence of the Senate…
Palm Hills Developments appoints Hazem Badran, Tarek Tantawy as Co-CEOs
The formal announcement of the appointment follows the Board of Directors’ approval on 30 May 2021.
almentor leads video-based e-learning industry in MENA with $14.5m in funding
Partech led the financing round, with the participation of Sawari Ventures, Egypt Ventures, and Sango Capital, bringing the total financing that the company has garnered since its inception to $14.5m.