Business

Investment volume in startups in Egypt slightly declined to $450M this year

Mon, 26 Sep 2022 - 07:15 GMT

The startups in Egypt is developing its performance and is aiming to increase it from the current size.

Egypt-Qatar trade exchange hits $44.8 million in 2021: CAPMAS

Tue, 20 Sep 2022 - 08:28 GMT

The energy sector is one of the most prominent areas of cooperation between both states

Want to start green investment in Egypt? Know more about green projects' standards

Sat, 13 Aug 2022 - 10:14 GMT

So if you are about to start participating in this type of investment, whether you are an individual, an organization or a company, you need to know these details.

Know more about Egypt’s rehabilitation plan of petroleum and mineral wealth sector

Mon, 08 Aug 2022 - 12:24 GMT

The development and management of primary energy resources is one of the most important pillars of sustainable development in Egypt.

Egypt aims to increase petroleum production to 790 bln during new fiscal year 22/23

Sat, 30 Jul 2022 - 11:45 GMT

The government aims to increase production for the petroleum and mineral resources sector at current prices from 671.5 billion pounds in the previous year to about 790.9 billion pounds.

New berths to be constructed at Alexandria Port to increase trade movement

Tue, 21 Jun 2022 - 02:25 GMT

The Egyptian Minister of Transport Kamel el-Wazir accompanied an inspection tour at Alexandria Port, to follow up on the implementation rates of projects, among of them the establishment of new berths.

Highlights: How Egypt increases exports to Africa’s markets

Sat, 18 Jun 2022 - 01:09 GMT

Egypt is currently seeking to increase its exports to international markets, and with a special scope on Africa’s markets.

Egypt's imports from COMESA countries record decline by end of 2021: CAPMAS

Thu, 12 May 2022 - 08:30 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) monitored a noticeable decline in the volume of Egyptian imports from the COMESA group recently.

Petroleum min.: EGP 6bn allocated for projects to upgrade efficiency of national gas grid

Mon, 02 May 2022 - 11:59 GMT

Petroleum Minister Tareq el Molla has unveiled a number of projects meant to upgrade the efficiency of the national gas grid as production from the Eastern Mediterranean fields continue to take an upturn.

PM inspects factory affiliated to Al Arafa for Investment & Consultancies

Sat, 23 Apr 2022 - 03:01 GMT

The group also depends on Egyptian fabric for suit tailoring, which supports the State's efforts to entrench local industry, Arafa said.

IMF appreciates Egypt's economic program and achieved great success: Kristalina Georgieva,

Sat, 23 Apr 2022 - 02:02 GMT

Speaking about the program, Minister Maait said "the program made us more resilient in the face of internal and external shocks," adding that the situation would have been more complicated and difficult in light of the pandemic and the Ukrainian crisis as well.

Malaysia keen on enhancing investment cooperation with Egypt: Malaysian Min.

Mon, 18 Apr 2022 - 01:41 GMT

Egyptian Minister of Trade and Industry Nevin Gamea held an expanded session of talks with the Malaysian Minister of Agricultural Industries and Commodities Zuraida Kamaruddin on Sunday to review aspects of industrial, investment and commercial cooperation between the two countries.

Egypt, UAE underline need to maximize Arab integration

Sat, 02 Apr 2022 - 03:11 GMT

Egyptian Finance Minister Mohamed Mait and his UAE counterpart Mohamed Hadi Al Hussaini have underscored the need to maximize Arab integration to face current economic challenges and alleviate citizens’ suffering.

Egypt, Germany coop. worth €1.7bn - Int'l coop. min.

Sat, 19 Mar 2022 - 12:10 GMT

The current portfolio of cooperation includes financial contributions, technical support and soft loans used to carry out 30 development projects.

Gov’t presents efforts to integrate differently-abled people to parliament

Tue, 15 Mar 2022 - 02:34 GMT

The Egyptian Ministry of Education and Technical Education presented Tuesday at the parliament the efforts made and the future vision to integrate differently-abled people into pre-university education.

Governmental report highlights Egypt’s efforts to incorporate green economy into western desert

Tue, 15 Mar 2022 - 12:28 GMT

Egypt has made many efforts to incorporate the green economy into a number of fields, the most important of which are: energy, transport and industry, said a governmental report.

Egypt announces new int'l tender to import wheat

Sat, 26 Feb 2022 - 01:11 GMT

The General Authority For Supply Commodities (GASC) announced - on behalf of the Ministry of Supply and Internal Trade - a new international tender to import wheat.

8,100 vehicles benefited from State initiative to replace old cars: CBE

Sat, 26 Feb 2022 - 01:08 GMT

The Central Bank of Egypt (CBE) said on Saturday that nearly 8,100 vehicles benefited from the initiative launched by the State to replace old vehicles with dual-fueled ones at a total of two billion pounds till December 2021.

GAFI, Eximbank sign MoU to acquaint Hungarian businesses with investment opportunities in Egypt

Thu, 24 Feb 2022 - 10:53 GMT

The MoU sets an executive framework for bolstering joint cooperation.

Egypt to sign contract with Siemens to implement 2nd high-speed train line

Sat, 29 Jan 2022 - 12:26 GMT

Egyptian Ministry of Transport is heading to sign a contract with Siemens company to implement the second high-speed train line in the country.

More