Economy

UAE’s Aldar and ADQ seek to buy control of Egypt’s SODIC

UAE’s Aldar and ADQ seek to buy control of Egypt’s SODIC

CAIRO, Sept 14 (Reuters) – The UAE’s Aldar Properties and ADQ have submitted a request to Egypt’s Financial Regulatory Authority…
EU, French Development Agency develop Ezbet Khairallah project at LE57 mn cost

EU, French Development Agency develop Ezbet Khairallah project at LE57 mn cost

A delegation from the French Development Agency, the European Union, the Small, Medium and Micro Enterprise Development Agency, and Cairo…
US dollar exchange rate stable on Monday

US dollar exchange rate stable on Monday

US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Egypt mulls joint cooperation with International Islamic Trade Finance Corporation

Egypt mulls joint cooperation with International Islamic Trade Finance Corporation

The Minister of Planning and Economic Development Hala al-Saeed received the CEO of the International Islamic Trade Finance Corporation –…
Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn

Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn

Egypt has become the latest member of the Africa Finance Corporation, opening up the path for potential investments tallying up…
Thursday’s US dollar to Egyptian pound exchange rates

Thursday’s US dollar to Egyptian pound exchange rates

On Thursday, the US dollar recorded LE15.64 for purchase and LE15.74 for sale at Banque Misr and the National Bank…
Finance Minister says Egypt will enter sovereign sukuk market in 2022

Finance Minister says Egypt will enter sovereign sukuk market in 2022

Egyptian Finance Minister Mohamed Maait said that his country will enter the sovereign sukuk market in 2022, explaining that investor…
Trade exchange between Egypt and UAE at $1.6 billion, minister

Trade exchange between Egypt and UAE at $1.6 billion, minister

Egyptian Minister of Trade and Industry, Nevine Gamea announced Friday that the volume of trade exchange between Egypt and the…
Egypt, Cyprus agree to expedite work on gas pipeline connecting both countries

Egypt, Cyprus agree to expedite work on gas pipeline connecting both countries

Egyptian President Abdel Fattah al-Sisi and his Cypriot counterpart Nicos Anastasiades agreed on the importance of speeding work on a…
Russian delegation visits Russian Industrial Zone project in Sokhna

Russian delegation visits Russian Industrial Zone project in Sokhna

On Monday, the Suez Canal Economic Zone (SCZone) received a Russian delegation from the Russian Ministry of Industry and Trade…
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