Egypt, China sign 3 contracts at $1 bn investment
03/09/2018On the sidelines of President Abdel Fattah al-Sisi’s visit to China, three contracts were signed on Sunday evening with large Chinese companies.
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Business & Economy
Egypt’s Sisi says ‘Cairo can benefit from China’s economic successes and expertise’
02/09/2018Egyptian President Abdel-Fattah El-Sisi said during a visit to the Chinese Communist Party Academy in Beijing that Cairo highly commends China for.
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Africa
World Bank’s IFC, Egypt sign deal to support Africa start-ups
30/08/2018The World Bank’s private sector arm has signed on Thursday an agreement with Egyptian government aimed at supporting young entrepreneurs and start-ups.
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Africa
Egypt’s president appoints first-ever Christian woman as governor
30/08/2018Egypt’s President Abdel-Fattah el-Sissi has sworn in several new provincial governors, including the first-ever Coptic Christian woman to hold the position. Manal.
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Business & Economy
Egypt’s Environment Ministry to establish crocodile farm at Lake Nasser
29/08/2018Egypt’s Environment Ministry will begin investing in crocodiles by raising them at a 160 acre farm near Lake Nasser, in cooperation with.
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Business & Economy
Egypt’s NBE bank targets $2.5 bln external loans in FY2019
27/08/2018National Bank of Egypt (NBE) is looking to raise its foreign debt by $1 billion to reach $2.5 billion in financial year.
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Business & Economy
Egypt pumps 100 bln pounds into social housing projects
26/08/2018Egypt had injected around 100 billion Egyptian pounds ($5.6 billion) to date on the low-income citizens’ residential units within the framework of.
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Business & Economy
US Apache firm plans to invest $1 bln annually in Egypt
25/08/2018Minister of Petroleum Tarek el-Molla has discussed with John J. Christmann, the Chief Executive Officer and President of US Apache Corporation, means.
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Business & Economy
Egypt’s Finance Ministry considers issuing LE2 coin category
21/08/2018The Finance Ministry announced in a press statement on Tuesday that it is considering a new coin currency equal to two pounds.
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Business & Economy
Egypt introduces improved financial reporting system for agencies
21/08/2018The finance ministry of Egypt has started the implementation of a new system to monitor state agencies’ financial transactions. The Government Financial.
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