Egypt sees 17.9% decrease in trade balance in January 2021

Noting in its Monthly Bulletin of “Foreign Trade Data” for January 2021, CAPMAS also said that Egypt’s deficit value of trade balance reached $3.15bn during the month, versus $3.85bn for…

Hossam Mounir

Egypt’s FRA allows investment fund management companies to manage margin purchases funding

Total of 64 companies have obtained licence to practice investment funds management activities

Alyaa Stohy

Alstom launches Samalut section of Egypt’s Beni Suef-Assiut railway line

The Samalut section of Egypt’s Beni Suef-Assiut railway line has been launched by French multinational, Alstom.

Daily News Egypt

Egypt’s food industries sector contributes 24.5% to GDP

It provides the needs of the local market as well as ensuring exports to regional and global markets. The sector’s investments amount to about EGP 500bn, and, in addition to…

Daily News Egypt

Egyptian Government eyes borrowing EGP 642.5bn from local market in Q2 2021

Finance Ministry issues 52 tenders for T-bills worth EGP 462bn, 35 bids for bonds worth EGP 180.5bn from April to June end

Hossam Mounir

Egypt’s Sovereign Fund to offer conditions for developing Tahrir Complex soon

Soliman added that the terms of conditions, which will be released in the coming days, includes providing hotel and tourism services and other benefits to develop the project.

Shaimaa Al-Aees

President Al-Sisi asserts government’s efforts to protect Egyptian antiquities

UNESCO Head Audrey Azoulay praises Royal Mummy Parade and lauds Egypt’s efforts to protect its heritage

Adham Youssef

Egypt, Arab world announce support for Jordan after attempted plot foiled

Egyptian presidency also affirmed Jordan's stability as integral part of national, Arab national security

Daily News Egypt

Current Ethiopian dam negotiations to reveal Ethiopia’s credibility: Former Assistant Minister

The negotiations started in the Democratic Republic of the Congo’s (DRC) capital, Kinshasa, on Sunday.

Sami Hegazi

Ethiopian dam dispute parties meet in DRC amid hopes for consensus

Ethiopia insists on conducting 2nd phase of filling, generate power from GERD in August

Mohammed El-Said