Egypt’s foreign debt rises to $125.3bn in September 2020: CBE
Net foreign assets increase by EGP 125.9bn within four months
Egypt’s vehicle conversion to CNG initiative to start by end-March
This has been driven by the agreement reached with Tarek Amer, Governor of the Central Bank of Egypt (CBE), to amend the conditions of participation in the initiative.
2020 was year of upheaval, renewal: Minister Al-Mashat
Ambition is silver lining to realism, says Egypt’s Al-Mashat as she discusses agile governance in creative economy
Fiber Misr leads consortium executing smart managing system at Egypt’s Knowledge City
First phase of Knowledge City is scheduled to open this year
Government discusses tourism programmes for Egyptian expats
Expats are country’s soft power that can help promote tourism, says Minister El-Anani
IFC, Egyptian Exchange lend support to women’s empowerment on International Women’s Day
The annual event, held by the IFC and stock exchanges around the world since 2014, aims to raise awareness of the pivotal role women play supporting private sector growth and…
‘Decent Life’ initiative is turning point for Egyptian countryside: Planning Minister
Initiative aims to improve standard of living for Egyptians living in villages, whilst also improving public services, says Hala El-Said
Shell sells onshore upstream assets in Egypt for $926m
Transaction is subject to government, regulatory approvals, with completion expected in H2 of 2021
Egypt sees 14% decrease in trade deficit during December 2020
Country’s trade deficit reached $3.28bn in December 2020, versus $3.81bn in same month of 2019
Middle East businesses eyeing better ESG encouraged to sign up to Living Business
The programme, organised by Globally, Get in the Ring and HSBC, aims to improve the sustainability of businesses by helping them deliver a significant ESG enhancement initiative.