Mobile market gains 550,000 new subscribers, landline loses 710,000 in June
According to a report by the Ministry of Communications and Information Technology, the mobile market in Egypt added about 550,000 new subscriptions in June, compared to May, while the landline…
‘Startups of Alex’ to launch in Alexandria next Thursday
The first business incubator in Alexandria, “Startups of Alex”, will launch its activities next Thursday. The programme, organized by ICE Alex, will offer guidance and consulting sessions for startup companies,…
Rekaz Developments signs with Desoky & Soda, Vasko brands for Opal Business Complex at NAC
Rekaz Developments, an Egyptian real estate company, has signed with Desoky & Soda and Vasko to bring strong brands to its Opal Business Complex project in the New Administrative Capital…
DCI Plus plans to expand in and outside Egypt
DCI Plus is planning to expand in and outside Egypt after achieving great success this year, according to its Chairperson Waleed Morsy. Morsy said that his office aims to provide…
Egypt’s New Delta Plant sets four Guinness World Records
Egypt’s New Delta Agriculture Wastewater Treatment, Recycling and Reuse Plant, the world’s largest of its kind, has achieved four remarkable Guinness World Records (GWR). The plant, developed by a JV…
Egypt denounces terrorist attack in Ankara, expresses solidarity with Türkiye
Egypt strongly condemned, in a statement issued by the Ministry of Foreign Affairs on Sunday, the terrorist attack that targeted the headquarters of the General Directorate of Security at the…
5000-year old wine unearthed in Egypt’s Sohag
An archaeological team, comprised of members from Egypt, Germany, and Austria, has been conducting excavations in the tomb of Meret-Neith. Meret-Neith is believed to be an important woman from the…
Government plans to exit 243 state-owned companies
State owns 824 companies through about 33 entities
CBE signs $1.36bn currency swap agreement with Emirati counterpart
The Central Bank of Egypt (CBE) and the Central Bank of the UAE (CBUAE) have signed a Bilateral Currency Swap Agreement worth $1.36bn between the UAE Dirham and the Egyptian…
CBE Governor calls on Chinese banks to enter Egyptian market
Abdalla, Chinese counterpart discuss currency swap agreement to reinforce Egyptian government’s plan to issue Chinese yuan-denominated panda bonds
