Egypt business conditions worsen in December amid second COVID-19 wave: IHS Markit
Rise in coronavirus cases sparks commensurate reduction in client demand
1,336 communications sector firms worth EGP 1.34bn established in FY 2019/20: EJB
A total of 1,336 communications sector companies, worth a combined EGP 1.34bn,…
Egypt Ventures raises EGP 104m investments in 2020: International Cooperation Ministry
Investment firm aims to empower Egypt’s entrepreneurial ecosystem, drive innovation
Poverty increases vulnerability to mental health conditions: Study
Eastern Mediterranean countries are witnessing higher rates of mental health disorders than…
Egypt’s central bank allocates EGP 15bn to finance dual-fuel vehicle conversions
According to the central bank imitative loan period ranges from seven to…
Oil prices fall amid OPEC+ deadlock over output cuts
The COVID-19 pandemic took its toll on oil prices in 2020. For…
President Al-Sisi inaugurates Egypt’s 1st Go Green Exhibition
Go Green Exhibition aims to keep companies and the public informed on…
Egypt’s tourism revenues decline to $4bn in 2020 from $13.03bn in 2019
Egypt’s tourism revenues in 2020 slumped 70% year-on-year (y-o-y) to record $4bn…
250k natural gas vehicle conversions, replacements planned over 3 years
Programme saves 50% of money spent on traditional fuels, provides better income…
Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender
The Central Bank of Egypt (CBE) has announced it has received 35…