Vodafone Egypt to self-finance new frequencies over 3 years: CEO

Abdullah said that Vodafone Egypt will not need loans to pay for the new frequencies, with the payments to be divided into a 50% down payment, paid in US dollars.…

Mohamed Alaa El-Din

Egypt’s non-oil imports decrease to $45.55bn in 9M 2020: CAPMAS

Non-oil exports see slight downturn to total $18.76bn in 2020, against $19.23bn last year

Hossam Mounir

President Al-Sisi, UK’s MI6 Chief discuss mutual cooperation, regional issues

Both Al-Sisi and Moore exchanged views on developments related to several regional issues 

Daily News Egypt

Egypt sees trade cooperation opportunity once UK leaves EU: Madbouly

Madbouly said that Africa has become one of the most important destinations for international companies and financial institutions.

Daily News Egypt

CBE receives 43 offers worth €888.3m for Euro-denominated T-bills

The CBE had launched a tender to sell €690m 364-day T-bills on 9 November 2021, to pay for older issuance worth €695m that was made in November 2019.

Hossam Mounir

Mostqbal Watan Party dominates 2nd phase of Egypt’s parliamentary elections

Controversial lawyer and Zamalek President Mortada Mansour reportedly loses seat in Meit Ghamr constituency

Daily News Egypt

Egypt to build 3 oil refineries worth $5.7bn targeting self-sufficiency by 2023

14 new agreements signed between March and October with major international companies to expand natural gas, petroleum exploration

Nehal Samir

Ethiopia will not descend into chaos: PM Abiy Ahmed

President of Tigray region expresses readiness to negotiate with federal authorities, stop fighting

Mohammed El-Said

Egypt, Bahrain discuss joint industrial cooperation

Morsi noted the significance of bolstering cooperation between these companies, as well as the importance of strengthening strategic partnership between the two countries. 

Daily News Egypt

Egypt to announce biggest archaeological discovery of 2020 soon

New Saqqara necropolis discovery outdoes even recently found 59 well-preserved coffins in area

Daily News Egypt