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Egypt is implementing a comprehensive strategy to deepen local manufacturing in the industrial sector and increase export rates, according to Nevine Gamea, Minister of Trade and Industry.
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HSBC is committing EGP 3 billion of lending to support small and medium enterprises (SMEs) in Egypt to explore opportunities overseas and drive international growth through trade and expansion into…
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Egypt plans to launch its first green hydrogen plant in November 2022 to coincide with its hosting of the COP27 United Nations Climate Change Conference, said chairman of the Egyptian sovereign fund…
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Egyptian business tycoon Samih Sawiris will step down and will not stand for re-election as chairman of Orascom Development Holding (ODH) during next annual assembly meeting in spring 2022,ending a…
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Egypt has achieved an economic boom over the past seven years that enabled the country to become more resilient in the face of domestic and global shocks, especially amid the ongoing COVID-19 crisis,…
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Egypt has announced a set of tax exemptions aiming to support the industrial sector and boost economic growth. Amendments were made to the Value Added Tax (VAT) Law under the directives of President…
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Ezz Steel – Alexandria will buy 18% of the total equity in the Egyptian Steel Group from Ahmed Abou Hashima, the founding partner.
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Egypt’s trade deficit declined 22.5 percent during September 2021, recording $2.39 billion, compared to $3.08 billion in the same month of 2020, according to the state's statistics agency (CAPMAS).
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Talaat Moustafa Group (TMG) topped the Egyptian companies among the Forbes global list of the 50 most powerful real estate companies in the Middle East and North Africa 2021.
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Egypt’s food industry exports totalled $3.1 billion in the first nine months of 2021, up from the $2.8 billion in the same period last year, recording a 19 percent year-on-year increase and ranking…
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