CBE launches risk insurance company for exports to Africa before year-end
El-Shaarawy told Daily News Egypt that the bank is currently completing the regulatory and structural framework of the company, determining shareholders’ stakes, and the CBE’s contribution in the company.
Ministry of Public Enterprise Sector launches Gosour app to facilitate trade in Africa
Tawfik opened the ‘Gosour for International Trade in Eastern and Central Africa’ conference in the presence of Minister of Trade and Industry, Amr Nassar, and Chairperson of the Arab Organization…
Egypt has not yet benefited from its trade agreements with Africa: Industry Minister
“We aim to increase Egyptian exports to Africa to 4% of continent’s imports,” says Nassar
Ministry of Public Enterprise Sector entices private sector with reduced sea freight prices for export to East Africa
Tawfik said that the ministry plans to launch an integrated and sophisticated chain of transport and logistics services to support the foreign trade system and provide bridges to Africa to…
Qalaa Holdings records 13% y-o-y increase in revenues in 1Q19
The top-line expansion came on the back of robust results posted across its subsidiaries, especially at the Group’s energy platform with TAQA Arabia’s revenues up 41% y-o-y and Tawazon’s up…
Egyptian government, ITFC agree on extending future cooperation
ITFC completes financing of $1.130bn for trade financing programme in Egypt
SAIB arranges syndicated loan of EGP 750m for Kharafi National’s infrastructure projects
EBE, IDB, Baraka Bank participate in providing the loan
Egypt’s Grand Mufti denounces inauguration of Israeli tunnel beneath Al-Aqsa mosque
The statement noted that this is part of a “Zionist scheme to change the identity of Jerusalem and the Al-Aqsa mosque.”
Egypt’s Woman Health initiative kicks off in 9 governates
It includes detection of breast cancer, hypertension, diabetes, maternal health
Prices of National newspapers increased to EGP 3
A number of private newspaper also increased cost of their publications including, Al-Masry Al-Youm, Al-Shorouk, and Youm7