Business
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
March 22, 2019
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
Globally-recognized credit rating agency Fitch Ratings has upgraded Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘B’, assuring…
Egypt’s Benban solar project wins best project prize worldwide: World Bank
March 21, 2019
Egypt’s Benban solar project wins best project prize worldwide: World Bank
Acting Head of the World Bank Kristalina Georgieva announced on Wednesday that the Benban Solar Project in Aswan won best project…
US dollar exchange rate continues to decline in Egypt
March 20, 2019
US dollar exchange rate continues to decline in Egypt
The US dollar exchange rate continued its decline against the Egyptian pound on Wednesday morning for the third day in…
Egypt signs $2 bln deal to buy Russian fighter jets – Kommersant
March 19, 2019
Egypt signs $2 bln deal to buy Russian fighter jets – Kommersant
* Egypt has signed a deal with Russia to buy more than 20 Sukhoi SU-35 multi-role fighter jets, the Kommersant…
Fourth edition of Portfolio Egypt Conference starts tomorrow
March 18, 2019
Fourth edition of Portfolio Egypt Conference starts tomorrow
The 4th edition of the Portfolio Egypt Conference 2019, titled “Opportunities Blunted by Risks”, will be held March 19 at…
Business Insider: Egypt is Africa’s fiercest tech platform, but entrepreneurs face 2 major challenges in the field
March 18, 2019
Business Insider: Egypt is Africa’s fiercest tech platform, but entrepreneurs face 2 major challenges in the field
The American newspaper Business Insider identified Egypt as the hottest African tech scene while underscoring two major obstacles faced by…
US dollar makes record decrease against Egyptian pound
March 18, 2019
US dollar makes record decrease against Egyptian pound
The US dollar exchange rate witnessed a record decrease, the lowest in 2 years, on Monday against the Egyptian pound,…
MARLOG 8 conference kicks off in Alexandria
March 17, 2019
MARLOG 8 conference kicks off in Alexandria
The International Maritime Transport and Logistics Conference (MARLOG 8) launched this morning, organized by the Arab Academy for Science, Technology…
Investment minister inaugurates two Sumitomo factories in Port Said
March 17, 2019
Investment minister inaugurates two Sumitomo factories in Port Said
On Sunday Investment and International Cooperation Minister Sahar Nasr inaugurated two new factories from the Japanese Sumitomo Corporation in the…
Egypt’s trade deficit rises by 14.1%: CAPMAS
March 13, 2019
Egypt’s trade deficit rises by 14.1%: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported on Tuesday a 14.1 percent increase in Egypt’s trade deficit,…