2.3% increase in exports, decrease in trade balance deficit by $2.147bn
Imports also witnessed a decline of 3% to record $57.709bn compared to…
Decathlon opens new branch in Egypt
Eyeing expansion in the local market, the French group strives to keep…
Samih Sawiris takes over Thomas Cook franchise in Germany
Sawiris owns 74.9% of the Raiffeisen Touristik Group, which generates around €3.5bn in…
Ministry of Planning launches Sharek 2030 app to advertise gov’t projects
The launch of the Sharek 2030 mobile app took place within the…
Private Sector-Led Development in Egypt: IFC
Following the recent Investment for Africa Forum held in Egypt on November…
Oil prices hike ahead of OPEC meeting after large production cuts expectations
Brent increased by $0.75 to $61.57, WTI up by $0.65 to $56.75
Rameda private placement oversubscribed 1.17 fold
Egypt’s second private-sector initial public offering (IPO) of the year, revitalising the…
Egypt to sign MoU with Dongfeng in January 2020 to manufacture EVs locally: Tawfik
The study will provide information on the investment required for replacement and…
Egypt’s FX reserves increase by $319m in November
Gold reserves decline, SDR countered FX hike, curbing net foreign reserves increase…
Ministers of military production and trade meet to promote local manufacturing
Officials discussed benefiting from 4500 factories of minor and medium industries in…