Government settles EGP 13.5bn debts of public business sector companies
These debts are estimated at EGP 13.5bn, with their settlement coming in…
Central Bank of Egypt allocates EGP 1bn to deploy 300k POS nationwide
We aim to reach 1 million POS within three years: CBE Deputy…
EBRD grants Egypt €226m to purchase railway trains: Transportation Minister
During the meeting, the two sides discussed the executive position of a…
Egypt’s Planning Ministry reviews ‘Citizen Investment Plan’ in Red Sea governorate
Medium-term sustainable development plan attaches great importance to spatial justice, says Minister…
Egypt, Denmark explore renewable energy investment opportunities
Shaker said that the Egyptian government has made great efforts to overcome…
Egyptian expatriate remittances see $1.3bn rise in during Q1 of FY2020/21
Preliminary data shows that remittances during July-September 2020 saw an annual growth…
Real estate developer New Plan negotiates to launch 2nd project in Port Said
First phase of Éclat Port Said sold out within three days
Flying taxis, smart grocery trucks presented at GITEX Dubai 2020
During GITEX exhibition, the experimental flying taxi model, which is being implemented…
Urea, petro chemicals benchmarks rise to 1-year highs on changing supply-demand fundamentals
For Abu Qir Fertilizers and MOPCO, urea crossed the $290/tonne level in…
Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end
Tourism businesses welcome CBE decision, call for more flexibility in private sector…