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Egypt’s hotels forecast to have higher occupancy rates in 2021 – Colliers
Egypt's hotels are expected to witness higher occupancy rates during 2021, according to a recent report by Colliers International.
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National Bank of Egypt Q1 net profit jumps 161.6%
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Tuesday a 161.6 percent year-on-year growth in net profit for the first quarter of the year.
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Egypt, Nigeria trade exchange hits $181m in 2020
The trade exchange between Egypt and Nigeria has reached $181 million during 2020, with initial data indicating continuity of growth in the first quarter (Q1) of 2021.
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Egypt’s non-oil private sector activity falls, but job creation rates pick up – PMI
Egypt’s non-oil private sector activity saw weaker conditions in July as output and new orders receded, a survey showed on Tuesday.
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Egypt to establish the “Suez Canal Healthy Food Industries” company
Egypt to establish an Egyptian joint stock company “Suez Canal Healthy Company for Food Industries” to implement businesses and projects related to food industries.
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Egypt’s Arab Contractors wins bid to develop Lebanon’s Port of Tripoli
Egypt’s state-run construction firm Arab Contractors has won a bid to develop Lebanon’s Port of Tripoli and its facilities, Egyptian Ambassador to Lebanon Yasser Elwi announced..
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Philip Morris bids for new cigarette factory license in Egypt
The Egyptian Industrial Development Authority (IDA) has held a bid opening session for the received technical offers applying to a new cigarette factory license, in the presence of four companies.
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Fawry will buy Banque Misr, CIB stake in Fawry Plus
The ordinary general meeting (OGM) of Fawry for Banking Technology and Electronic Payments has approved to purchase the stake of Banque Misr in Fawry Plus for Banking Services.
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Egyptian Accreditation Council signatory status in AFRAC extended to 2025
Egypt’s Minister of Trade and Industry Nevine Gamea announced that the Egyptian Accreditation Council (EGAC) signatory status in the African Accreditation Cooperation (AFRAC) has been extended to…
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Egypt allows pre-arrival customs clearance with 30% advance fee payment
Egypt has allowed companies operating locally to submit import documents to the customs authorities before goods arrive in the country, and to pay only 30% of estimated customs and fees, which will…
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