Business

17:09

cairo, gmt + 2

17 October

Sunday, 2021

Magazine

Magazine Egypttoday May/June 2021

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Int'l financial institutions should assume bigger role in funding mega development projects: Rania el-Mashat

Fri, 15 Oct 2021 - 02:22 GMT

The international community and financial institutions should assume a bigger role in funding mega infrastructure projects through soft loans and blended and innovative financing, Minister of International Cooperation Rania el-Mashat said Friday.

Trade Ministry: Egypt's exports to Spain hike 69.1% in H1 of 2021

Fri, 15 Oct 2021 - 01:39 GMT

The Egyptian exports in the first half of 2021 were topped by cast iron and iron and steel with an increase of 472.4% at a value of €145.3 million.

Cairo, Bangkok probe attracting Thai investors to Egypt

Fri, 15 Oct 2021 - 01:36 GMT

The government prioritizes policies that support the green economy, the minister said.

Egypt, Greece sign MoU for electrical interconnection between both countries

Thu, 14 Oct 2021 - 04:21 GMT

According to MoU, the submarine electric cable will provide a direct link for the exchange of electricity between the two countries and extends to the market of the European Union.

EGX ends Thursday on mixed note, market cap. gains LE3.19B

Thu, 14 Oct 2021 - 03:36 GMT

The benchmark EGX30 hiked 1.05 percent, or 114.19 points, to end at 10,995.59 points.

Egypt's green hydrogen production agreement supports green economy development

Thu, 14 Oct 2021 - 02:18 GMT

The agreement was signed between Egypt’s Sovereign Fund, the Norwegian company “Scatec” for renewable energy, and the Vertglobe company owned by the Dutch “Orascom” and the UAE “ADNOC”.

Egypt signs deal to build green hydrogen facility, seeks to establish large desalination plant in Suez Governorate

Thu, 14 Oct 2021 - 01:47 GMT

As per the agreement, Scatec will build and operate the facility to produce green hydrogen with quantities ranging from 50 to 100 megawatts.

Egypt's joining JP Morgan govt bond index reflects foreign investors' confidence in state's economy

Thu, 14 Oct 2021 - 01:41 GMT

Maait indicated in a statement, Thursday, that this certificate confirms that 90 percent of the foreign investors who were surveyed supported Egypt's entry into the "J.P Morgan"; To become one of only two countries in the Middle East and Africa in this index.

Egypt enters JPMorgan's emerging market government bond index

Thu, 14 Oct 2021 - 01:20 GMT

The estimated weight of Egypt in the index will be about 1.85 percent.

Egypt's central bank issues LE 18B in T-bills Thursday

Thu, 14 Oct 2021 - 12:00 GMT

The T-bills were offered in two installments, with the first valued at LE 3 billion with a 182-day term.

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