Egypt
TSFE, Etisalat Egypt launch “Erada Microfinance”
January 17, 2023
TSFE, Etisalat Egypt launch “Erada Microfinance”
The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt have partnered together to launch a new fintech company, “Erada Microfinance”,…
We target 25-30% in inbound tourist arrivals per annum:Tourism min
January 17, 2023
We target 25-30% in inbound tourist arrivals per annum:Tourism min
Upon the invitation of the American Chamber of Commerce in Egypt (AmCham Egypt), Minister of Tourism and Antiquities Ahmed Eissa…
Sisi directs to develop investment activities in SCZone
January 17, 2023
Sisi directs to develop investment activities in SCZone
President Abdel Fattah al-Sisi directed to develop investment activities in the Suez Canal Economic Zone (SCZone). The president ordered the…
Inflows from foreign investors into Egyptian market hit $925 mln – CBE
January 17, 2023
Inflows from foreign investors into Egyptian market hit $925 mln – CBE
Egypt’s central bank said on Monday that the foreign exchange market had reacted positively to the latest depreciation of the…
Bakeries across Egypt to offer subsidized bread for non-holders of ration cards
January 17, 2023
Bakeries across Egypt to offer subsidized bread for non-holders of ration cards
Bakeries will issue subsidized bread with the same specifications of bread that is issued for ration card holders for citizens…
Cairo International Book Fair allows sale of books in installments
January 17, 2023
Cairo International Book Fair allows sale of books in installments
The Egyptian Publishers Association has agreed with Banque Misr to provide the service of selling books in installments during…
Egyptian MP submits urgent interpolation to PM die to lack of government awareness
January 17, 2023
Egyptian MP submits urgent interpolation to PM die to lack of government awareness
Egyptian Parliament member Abdel-Moneim Emam objected to approving a loan agreement between Egypt and the African Development Bank within the…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
January 17, 2023
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…
Egypt’s US dollar exchange rate to ease further in the coming weeks: Economist
January 17, 2023
Egypt’s US dollar exchange rate to ease further in the coming weeks: Economist
Professor of Finance and Investment Hisham Ibrahim said that the stability of the US dollar price came after the release…
IMF asks Egypt to limit army’s interference in the economy
January 17, 2023
IMF asks Egypt to limit army’s interference in the economy
The International Monetary Fund asked Egypt to reduce the army’s interference in the economy, according to a rescue plan agreed…