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Vodafone ends talks to sell Egypt stake to Saudi STC
Vodafone had called off talks with the Saudi Telecom Company (STC) on the $2.4 billion sale of its 55% shareholding in Vodafone Egypt after a series of missed deadlines to complete the deal, Reuters…
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UK to host Africa Investment Conference after Brexit
The United Kingdom will host the Africa Investment Conference in January, as new trade agreements come into force with 14 African countries after Brexit.
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Egypt can become an automotive hub, Nissan Africa chief says
Egypt needs to cancel dutyfree access for imported cars if it wants to encourage domestic car assembly and become a regional export hub, Nissan managing director for Africa Mike Whitfield told the…
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Egypt’s FRA will launch a new centre to settle non-banking financial disputes
The Financial Regulatory Authority (FRA) will launch a new arbitration center to settle non-banking finance related disputes soon
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DP World signs groundbreaking e-commerce deal with Rwanda
DP World has signed an agreement with the Rwanda Development Board to expand its e-commerce operations across East Africa and beyond.
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Egypt will establish 4 logistics centres, branches in Africa during 2021
Leading public enterprise sector company, El – Nasr Export & Import Co, is seeking to establish four logistics centres and branches in Africa during the first quarter of 2021 as part of bridges…
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Egypt’s food industries exports to Sudan increase to $57M in 1st 9M of 2020
Egypt’s exports of food industries to Sudan rose during the first 9 months of 2020 by 43 percent, to $57 million compared to $ 40 million during the same period in 2019, according to Marketing…
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Huawei looks for growth in Ethiopia and broader Africa
Huawei Technologies is positioning itself to get more business in Ethiopia, as the East African economy opens up its telecommunications sector.
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HSBC voted best cash management bank in Egypt, Middle East
HSBC Egypt has been voted the best cash management bank in Egypt by corporates in the annual Euromoney Cash Management Survey.
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Egypt, Saudi company sign a protocol to boost the Egyptian exports into the Gulf markets
The Engineering Export Council of Egypt (EECE) announced signing a cooperation protocol with Tabseer Saudi Arabian Company to facilitate the access of the Egyptian engineering companies into the Saudi…
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