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Egypt’s business conditions remain contracted in May yet outlook improves – IHS Markit
Egypt's non-oil private sector activity contracted in May for the sixth month in a row, but at its lowest pace in three months, according to IHS Markit's new survey
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Egypt’s furniture exports record $87B in 4 M
Egypt's furniture exports increased by 29 percent to $87 million during during the first four months of 2021, compared to $67 million during the same period a year earlier, according to The Egyptian…
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Egypt’s food exports to European Union in 3 months hit $152M
Food exports to the European Union increased by 24 percent during the first quarter of 2021, to record about $152 million, compared to $116 million during the same period of 2020 according to The Food…
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Foreign holdings of Egyptian treasury bills jumped to USD 20.8 bn
Foreign holdings of Egyptian treasury bills jumped to $20.8 bn (327 billion Egyptian pounds) as of the end of April, up from $20 bn (314 bn pounds) in March, according to central bank figures…
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Egypt assigns above EGP 600bn for rural development project
Egypt has assigned more than EGP 600 billion for the implementation of the national project for rural development for the next three to four years, according to The Minister of Finance, Mohamed Maait.
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Why are 600 mn Africans still without power?
Why are 600 mn Africans still without power?, This is a question the Financial Time tries to answer as the continent remains woefully disconnected from the grid.
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Orascom Financial Holding cuts stake in Beltone for EGP 71.5m
Orascom Financial Holding (OFH) cut its stake in Beltone Financial Holding by 4.45% to 70.1% from 74.55%.
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Egypt assigns EGP 74bn to agricultural sector in 2021/22: Planning Minister
Egypt’s Minister of Planning and Economic Development Hala El-Saeed has revealed that EGP 74bn has been allocated to the agricultural sector as part of the plan.
Speaking during her review of the…
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Egypt’s local liquidity nears EGP 5.2rn in April – CBE
Egypt’s local liquidity rose by EGP 53 billion i.e 1% month-on-month (MoM) to EGP 5.184 trillion in April, hitting its highest level ever recorded, according to data released by the Central Bank of…
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Egypt’s manufacturing index climbs 12% in March – CAPMAS
Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, rose by 12.25% month-on-month (MoM) to 116.84 (initial) in March from 104.09 (final) in February,…
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