Egypt denies rumors about selling Suez Canal to foreign party for 99 years
Egypt’s Suez Canal Authority (SCA) has denied on Friday the rumors circulating about selling the vital waterway to…
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Egypt non-oil activity drops for 26th month amid inflation
Egypt’s non-oil private sector activity contracted sharply in January, continuing a 26-month deterioration as high…
Rixos Hotels Egypt wins Booking.com review award 2023
Rixos Hotels Egypt has been selected as a best accommodation destination for this year and won the Booking.com…
Nike, Tiffany & Co team up to release luxury sneaker
Sportswear brand Nike and luxury jewellery brand Tiffany & Co. announced on Tuesday a collaboration on several…
Egypt’s fintech MNT-Halan attracts $400mln in past 12 months
Egypt’s leading and fastest growing fintech ecosystem MNT-Halan has raised up to $400 million in equity and debt…
Russia mulls to sell wheat for Egypt using rubles instead of dollars
Russia is considering selling wheat to Egypt in exchange for Russian rubles in lieu of the U.S. dollar, Russian…
Egypt’s net foreign assets grow by $2 billion in December
Egypt's net foreign assets (NFAs) improved by 47.28 billion Egyptian pounds in December, marking a second month…
Etisalat Egypt signs EGP 4bln financing agreement with CIB
Etisalat Egypt by e& a has signed 4 billion Egyptian pounds financing agreement with Commercial International…
Egypt to announce detailed plan for IPO programme next week – Cabinet
Egypt's Prime Minister Moustafa Madbouly said on Wednesday that government would announce a detailed plan for its…
Toyota remains world’s top selling automaker for 3rd year in row
Japan-based Toyota Motor Corporation (TMC) announced its sales on Monday that reached 10.5 million vehicles in…