Czech Export Bank earmarks $300 million for new investments in Egyptian market
The state-run Czech Export Bank has earmarked $300 million for new projects in the Egyptian market, Czech Minister…
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Germany’s Mercedes-Benz signs deal to build logistics centre in Egypt’s Ain al-Sokhna
Germany’s Mercedes-Benz AG has signed a contract on Sunday to establish its logistics distribution and…
Bahrain’s investments in Egypt stand at $3.2 billion for 216 projects
Bahrain’s investments in Egypt stand at $3.2 billion, through 216 projects in the country, Bahraini ambassador to…
Orascom Construction to build 7 new textile factories in Egypt
Orascom Construction has signed on Monday an engineering, procurement, and construction (EPC) contract to build…
EU covers 30% of Egypt’s foreign trade volume – official
The European Union (EU) is Egypt’s No. 1 economic partner, covering 30 percent of Egypt’s foreign trade volume, a…
Egypt’s Sawiris eyes digital banking licence at home
Egyptian business tycoon Naguib Sawiris said on Tuesday he is seeking to apply for a digital banking licence in…
Egypt’s trade deficit down 1.2% to $3.34bn in February 2021: CAPMAS
Egypt’s trade deficit decreased 1.2 percent in February 2021 to $3.34bn, compared to the $3.38bn reported for…
Egypt aims to start electric car production in mid-2022: minister
Egypt is aiming to start producing an electric car in mid-2022, Public Enterprise Minister Hisham Tawfik said on…
India signs an agreement to buy 300,000 doses of Remdesivir from Eva Pharma
India has signed an agreement with Egypt’s Eva Pharma company for drugs and medical supplies to buy 300,000 doses…
PepsiCo plans to remove 3 million emissions globally, including Egypt in 2030
PepsiCo aims to eliminate at least 3 million tonnes of greenhouse gas emissions across its entire 7-million-acre…