Business

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.

For the first time in Egypt's history, pharmaceutical exports rise to 35%

Thu, 13 Jan 2022 - 11:08 GMT

Egypt’s exports of medicines have risen unprecedently to 35 percent, for the first time in Egypt’s history, according to Dr. Tamer Essam, the Chairman of the Medicines Authority.

Govt investments allocated to N. Sinai, S. Sinai governorates estimated at EGP 21.1 bln: report

Sat, 08 Jan 2022 - 11:14 GMT

The total government investments in the FY 2021/2022 plan for the development of North Sinai governorate amount to approximately EGP 14.1 billion, according to the report.

In cooperation with Visa, Arab African International Bank celebrates the presence of the “TotalEnergies AFCON 2022” Trophy at t

Tue, 28 Dec 2021 - 01:14 GMT

Within the long cooperation between Arab African International Bank and Visa, the bank received the African Cup of Nations inside its headquarters on Thursday, December 9, 2021, on the occasion of the “TotalEnergies AFCON 2022”

Discussed: Renewables become ‘indispensable’ part of Egypt’s national electricity mix

Mon, 13 Dec 2021 - 10:48 GMT

The share of renewable energies in the maximum load reached 31 percent of the total generated energy.

Development strategy of Suez Canal revealed, AI center to be established

Sat, 04 Dec 2021 - 04:43 GMT

Egypt’s Suez Canal is a major artery for the global seaborne trade movement, through which about 10 percent of the total global trade movement crosses, which is about 25 percent of the total movement of goods globally.

In pics: 20 bn investments puts Sokhna port on global trade map

Mon, 15 Nov 2021 - 05:11 GMT

Ain Sokhna Port is witnessing an ambitious plan aimed at maximizing the economic return from the port, which occupies an exceptional geographical location among international trade lines.

From Corporate to Social Media: Oumnia Boualam Simplifies Business to Support Ambitious Women

Sun, 31 Oct 2021 - 11:12 GMT

Meet Oumnia Boualam, the woman who took a leap of faith out of the corporate world into social media and entrepreneurship to high achieving women reach their goals.

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