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The UAE's Al Qamzi Developments plans to inject EGP 14 billion worth of investments in the Egyptian market over a period of four years.
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Egypt has paid about EGP 16.4 billion in overdue export subsidies over two phases of the export support programme, according to the Egyptian Ministry of Finance.
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Elsewedy Electric Co signed a share purchase agreement (SPA) for 99.25% of the shares of International Cables Company. 
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Russian President Vladimir Putin has lifted on Thursday a ban on Russia’s charter flights to Egypt, a step expected to be a boon for Egypt’s year-round Red Sea resorts in Sharm al-Sheikh and Hurghada.
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The European Bank for Reconstruction and Development (EBRD) said on Thursday it had launched a $120 million Youth in Business programme and a pilot US$ 20 million Skills in Business credit facility in…
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US companies are planning to inject $ billion worth of investments in Egypt over the coming five years, the US Ambassador to Cairo, Jonathan  Cohen, revealed. 
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The National Bank of Egypt (NBE) has managed 27 financing deals with a total value exceeding EGP 134bn during the first half (H1) of 2021.
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The value of remittances of Egyptians living abroad increased by 34% year-on-year (YoY) to $2.5 billion in April, compared to $1.8 billion, according to data by the Central Bank of Egypt (CBE) on…
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The Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) signed a memorandum of understanding (MoU) with the Italian energy giant Eni to assess the technical…
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Egypt's annual headline inflation rate registered 5.3% in June, compared to 4.9% a month earlier and 6.0% in June 2020, according to data by the Central Agency for Public Mobilization and Statistics…
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