UK aspires to be ‘Africa’s investor of choice’: Boris Johnson

UK hosts its first investment summit as independent trading nation following Brexit

Nehal Samir

EIB Group increases lending to Africa by 50% to €4.7bn

Group increases financing to €77bn to combat COVID-19, climate crisis in 2020

Shaimaa Al-Aees

First Abu Dhabi Bank fully acquires Bank Audi’s Egypt operations

Transaction is expected to be completed within next few months

Hossam Mounir

Egypt’s economic reforms contribute in handling COVID-19 crisis flexibly: Al-Sisi

Al-Sisi expresses Egypt’s deep appreciation for OECD’s role in formulating economic policies that contribute to achieving international development

Bassant Mohammed

Egypt, Qatar agree to resume diplomatic relations after 3-year rift

Egypt aims to build on this step to strengthen Arab actions, and support relations between region’s countries

Daily News Egypt

Egypt’s manufacturing, extractive industries index up 0.84% in November 2020

Pharmaceutical, chemical industries index increases 7% due to higher demand for medicines, disinfectants

Hossam Mounir

Egypt, Spain agree to update 2001 cooperation agreement in tourism

Spanish Prime Minister confirms his country’s willingness to strengthen cooperation with Egypt in tourism

Nehal Samir

Abu Qir Fertilizers negotiates with 11 financial institutions to get $80m-$100m fund

Company enters agreement to export urea in February at average price of $317/tonne

Alyaa Stohy

Egyptian economy can recover quickly from COVID-19 repercussions: Finance Minister

Standard Chartered Bank’s latest expectations consistent with pre-pandemic estimates putting Egypt among top 10 world economies in 2030, says Mohamed Maait

Daily News Egypt

UK Export Finance offers £1.7bn guarantee for Egypt’s 2 monorails manufacturing

Bombardier consortium was named as preferred bidder for Egyptian monorails project at 2020 UK-Africa Investment Summit

Nehal Samir