Main

Egypt’s tourism revenues have ranged between $3.5 billion to $4 billion during the first half of the year, deputy minister of tourism Ghada Shalaby told Reuters on Sunday.
Read More...

The European Bank for Reconstruction and Development (EBRD) is expected to embark on consultation talks with Egypt in September for a new strategy over the coming four years, the bank’s president…
Read More...

The Central Bank of Egypt (CBE) revealed an increase in the volume of local currency deposits in banks operating in Egypt by about EGP 53.774bn, to reach about EGP 3.932trn during May 2021, compared…
Read More...

The United States (US) has invested $1.5bn to increase agricultural export revenue in Egypt by 1,500% according to Elizabeth Mello, US Embassy Senior Agricultural Attache.
Read More...

The Trade and Industry Ministry u-turned on its import ban on some electronic components on Wednesday, following criticism from businesses who were unable to obtain supplies, Masrawy reports.
Read More...

The United States (US) has provided Egypt with over $30bn in economic assistance since 1978, US Ambassador in Egypt Jonathan R. Cohen told Daily News Egypt.
Read More...

Egypt’s Minister of International Cooperation Rania Al-Mashat has announced that the Saudi Arabia Grant Management Committee will provide EGP 270m to three Egyptian banks to finance micro, small and…
Read More...

Castle Development aims to invest EGP 700 million in construction works of its three projects in the New Administrative Capital during 2021, according to its CEO Ahmed Mansour
Read More...

The Egyptian Exchange (EGX) suffers from a clear decline in purchasing power, which weakens the chances of rising above the resistance level 10,310 points again, and confirming its breach upwards.
Read More...

The Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) announced that it is forming a tri-party collaboration with start-up Khazna and Masria Digital Payments (MDP), a leading end-to-end e-payment solutions…
Read More...