Industry & Trade Egypt’s Suez Canal makes record revenues of $7.9bn in 2022 Nada Ali Dec 21, 2022 0 Egypt's Suez Canal has registered a record-breaking revenue of $7.932 billion in 2022 up from $6.333 billion last…
Egypt News UAE’s NMDC wins $272 million Suez Canal dredging job Nada Ali Dec 21, 2022 0 UAE’s National Marine Dredging Co. (NMDC) has won a contract worth AED 1 billion ($272 million) for dredging works…
Banks Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll Nada Ali Dec 21, 2022 0 The Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on Thursday, a Reuters…
Banks SMEs portfolio at Egypt’s NBE hits EGP 140bn Nada Ali Dec 20, 2022 0 The National Bank of Egypt (NBE) has raised 140 billion Egyptian pounds in the Small and Medium Enterprises (SME)…
Tech/AI Egypt secures $13.7bln in development financing in 2022 – minister Nada Ali Dec 20, 2022 0 Egypt has secured $13.7 billion in 2022 to support its national development objectives, said Minister of…
Egypt News Egypt discovers 20 tombs dating back to late era in Damietta city Nada Ali Dec 20, 2022 0 An affiliated Egyptian archeological mission of the Supreme Council of Antiquities has discovered 20 tombs in Egypt…
Featured IMF new deal to put end for dollar, gold unstable rates Nada Ali Dec 20, 2022 0 The International Monetary Fund’s (IMF) new loan agreement will put an end - in the short term - to the exaggerated…
Money EG-Bank CEO: dollar, gold prices in Egypt overvalued Nada Ali Dec 20, 2022 0 The Egyptian Gulf Bank’s (EG Bank) CEO Nidal Assar said on Monday that there is a very close stability in the…
Money IFC signs protocol to attract $50mln into Egypt’s textile industry by 2026 Nada Ali Dec 19, 2022 0 The International Finance Corporation (IFC) has signed on Monday a cooperation protocol with the Ready-Made Garment…
Industry & Trade Egypt has strategic wheat reserves sufficient to 6 months – minister Nada Ali Dec 19, 2022 0 Egypt’s strategic reserves of wheat, sugar, corn, oil and rice are sufficient for four to six months, said the…