Business
Egypt’s Finance Ministry to provide LE2 bln in liquidity to exporters
October 5, 2022
Egypt’s Finance Ministry to provide LE2 bln in liquidity to exporters
The Finance Ministry will pay two billion LE to exporting companies, with the aim of providing the liquidity required to…
Finance min. says Sisi reshaping Egypt’s economy
October 5, 2022
Finance min. says Sisi reshaping Egypt’s economy
Finance Minister Mohamed Maait said Wednesday that President Abdel Fattah al-Sisi is reshaping Egypt’s economy by empowering the private sector,…
US$16 billion worth of Kuwaiti investments in Egypt, official
October 5, 2022
US$16 billion worth of Kuwaiti investments in Egypt, official
Member of the Egyptian-Kuwaiti Cooperation Council, Ahmed Kilany, said that the volume of Kuwaiti investments in Egypt exceeds US$…
Saudi Egyptian Investment Company acquires 34% of B.TECH
October 4, 2022
Saudi Egyptian Investment Company acquires 34% of B.TECH
The Saudi Egyptian Investment Company (SEIC), which is affiliated with the Saudi Public Investment Fund (the sovereign fund), acquired a…
Egypt announces an increase in foreign assets deficit
October 4, 2022
Egypt announces an increase in foreign assets deficit
The Central Bank of Egypt announced that the net foreign assets deficit in the banking sector increased by about fiv…
US dollar rises on Monday
October 3, 2022
US dollar rises on Monday
The price of the US dollar witnessed a new rise in Monday mid-trading in most banks operating in Egypt. Monday’s…
Egyptian business delegation explores export opportunities in Kenya
October 3, 2022
Egyptian business delegation explores export opportunities in Kenya
A delegation from the Export Council for Chemical Industries and Fertilizers and the Export Council for Building Materials, Refractories, Metal…
Ten startups at NilePreneurs Compete participate in the 14th Creative Industry Summit
October 2, 2022
Ten startups at NilePreneurs Compete participate in the 14th Creative Industry Summit
The NilePreneurs Compete Initiative – one of the initiatives of the Central Bank of Egypt and implemented by Nile University…
International Cooperation minister launches ‘Expanding Opportunities for the Egyptian Private Sector’ report
September 30, 2022
International Cooperation minister launches ‘Expanding Opportunities for the Egyptian Private Sector’ report
On Thursday afternoon, Rania al-Mashat, Minister of International Cooperation, launched the third edition of the “Expanding Opportunities for the Egyptian…
US dollar price skyrockets on Thursday in Egypt
September 29, 2022
US dollar price skyrockets on Thursday in Egypt
The US dollar exchange rate rose in the middle of trading, Thursday, September 29, 2022, against the Egyptian pound in…