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EGP 50 mn approved to launch Egypt’s digital initiative
The ministry of Planning and Economic Development approved the allocation 50 million Egyptian pounds to the…
IMF praises Egypt’s measures to contain COVID-19 pandemic impacts
International Monetary Fund (IMF) has lauded Egypt's measures to address the impacts from the outbreak of the…
Egypt, Tunisia to establish maritime trade route
Egypt and Tunisia will inaugurate a maritime trade route to strengthen bilateral trade and investment relations.
TVs were high in demand during 2020 on COVID-19 lock down: Samsung
Samsung has revealed that the demand for TVs rose significantly, during 2020, due to the novel coronavirus…
Egypt’s bank deposits grow 17.4% in FY19/20 – CAPMAS
Egypt's bank deposits grew by 17.4 percent year-on-year (YoY) to 4.686 trillion Egyptian pounds during fiscal year…
Egypt to offer units at 6 new industrial complexes in 2021
Units at six new industrial complexes will be offered to investors in 2021, the Minister of Industry and Trade…
Car Gas, Gastec sign agreements to establish natural gas refuelling stations
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, witnessed the signing of agreements…
NBE opens new branch in Ismailia
Egyptian state owned bank, National Bank of Egypt (NBE) opened a new branch inside Irshad Building in Ismailia.
MAF’s Carrefour is setting up shop in 14 Omar Effendi’s branches
Majid Al Futtaim-owned supermarket chain Carrefour is setting up shop in 14 Omar Effendi’s branches after MAF…
Global economy expected to expand by 4% in 2021, recovery to be subdued: WB
The global economy is expected to expand by 4 percent in 2021, after a 4.3 percent contraction in 2020, on the…
