Latest Business News
Egypt, France discuss €1bn Strategic Partnership Agreement
Present at the meeting with the minister were France’s Ambassador to Egypt,…
Egypt obtains $500m in finance to support COVID-19 fight
Of this amount, $400m has been provided by the World Bank to…
Insurance authority receives EGP 203bn in debt settlement over 15 months
The payments commenced following the ministry’s signing of the tangle-breaking agreement with…
Sumitomo invests EGP 1bn to produce car braids in Egypt
New Japanese project will be opened in December, and will provide 1,000…
Mercedes-Benz introduces all new GLA
New GLA model now offers more character, added space, and safety
Ericsson’s AI & Analytics Hub in Egypt produces its first cognitive software
The hub focuses on research and development (R&D) in AI and automation,…
11 floating hotels in Luxor, Aswan receive health certificate
In a statement on Monday, the ministry said that the certificates were…
FRA amends financial solvency standards to mortgage finance companies
The amendment covers the issuance of a regulatory procedure to adjust mortgage…
NTRA receives $1.2bn bids for new mobile frequencies
According to an NTRA source, Vodafone submitted a bid to obtain a…
Egypt’s International Cooperation Minister participates in EBRD annual meeting discussing 2021-2025 Strategy
The virtual event will also announce the election of the EBRD’s new…