Carrefour opens new Alexandria branch with 3 more coming soon
The international supermarket chain is also on track to open new outlets in Cairo, which are expected to welcome shoppers during the third quarter (Q3) of 2020.
Egypt offers 50% off on entrance fees of South Sinai, Red Sea reserves
Decision aims to boost Egypt’s tourism sector amid COVID-19 crisis
Dolato Gelateria celebrates World Chocolate Day, International Gelato Day in Egypt
Chocolate is loved by billions worldwide, and the Swiss are one of the world’s top consumers, followed by Germans, and the Irish. In Egypt, the average per capita consumption of…
JICA launches NINJA Business Plan Competition for startups during pandemic
The competition aims to support startups in the targeted countries, to contribute towards helping them overcome the current and post-coronavirus economic difficulties.
Raya Holding issues EGP 562m worth securitisation bonds
The securitisation bonds were issued through receipts, financial rights, and future payment dues guaranteed by various guarantees by three of the group's subsidiaries, namely Raya Electronics, Aman for Financial Services,…
Parliament approves new Banking Law ensuring monetary stability
The approval was given after a standing vote on the new law, with a two-thirds majority of the parliament members voting their approval.
Egypt aims to restore Libya balance, national institutions: Al-Sisi to Trump
US President expresses his understanding of Egypt’s concerns over negative regional repercussions of Libyan crisis
Egypt’s Parliament holds secret session to mandate military intervention in Libya
Sharif reaffirmed Egypt’s support of the Libyan people, and that Egyptian parliament will not delay giving Al-Sisi "full mandate" to intervene in Libya
Paranormal: Egypt’s first Netflix original series coming soon
The horror book series Ma Waraa Al-Tabeea sold over 15m copies across the Arab world, making it one of the most commercially successful books to ever come out of the…
Egypt pays EGP 6bn in export subsidy arrears for FY 2019/20
Additional EGP 7bn allocated to support Egypt’s exports in FY 2020/21 budget, says Maait