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Egypt’s exports to France increase 21%, while imports decrease 9% in H1 2021
The Egyptian exports to the French market witnessed a significant increase by 21%, reaching €350m during the first half (H1) of this year, compared to about €288m during the same period in 2020,…
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Tourists flow back to Egypt’s resorts after months of restrictions
Ministry of Tourism statistics show a noticeable increase in tourist numbers: since the beginning of 2021, Egypt has welcomed 300,000 tourists every month after18 months of travel restrictions.
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Sisi participates in G20 Compact with Africa Summit on Friday
Egypt’s President Abdel Fattah El-Sisi participated on Friday via video conference in the fourth international G20 Compact with Africa Summit hosted by Germany annually, presidential spokesman Bassam…
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NBE, Banque Misr arrange EGP 3bn loans to finance airport development
The National Bank of Egypt (NBE) and Banque Misr have arranged two syndicated loans at a total value of EGP 3 billion for the development of two airports.
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Egypt’s economy is relisent, capable of meeting Egyptians’ aspirations: Sisi
Egyptian economy is now more capable than ever of facing challenges posed by the developments related to the international conditions and meet the aspirations of the Egyptian people, According to…
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NBE, CIB close EGP 585m securitised bond issuance for Aman
A consortium, comprised of the National Bank of Egypt (NBE) and Commercial International Bank-Egypt (CIB), has closed a securitised bond issuance worth EGP 585 million for Aman Financial Services, a…
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Egypt’s Arab Contractors wins €110 million major road project in Congo
Egypt’s state-run Arab Contractors (AC) said it has won a contract for a 150 km road project in Congo linking two key cities in the country.
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5,752 building, operation licences issued for factories, Gamea
Egypt provided 561 building and 5,191 operation licences, and granted 2,467 permanent industrial records and 856 fixed-term industrial records, according to Nevine Gamea, Minister of Trade and…
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Telecom Egypt, Amer Group sign a deal to provide solutions to the later projects
Telecom Egypt signed a cooperation agreement with Amer Group Holding Company to provide the latest integrated communication solutions for the property developer's projects.
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Egypt plans EGP 43bn electricity investments in FY21/22
Egypt reviewed the objectives of the electricity sector for fiscal year (FY) 2021/2022 as part of the medium-term sustainable development plan between FY18/19 and FY21/22, according to The Egyptian…
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