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Egypt’s headline inflation records 36.5% in July – CAPMAS
Egypt’s annual headline inflation increased by 36.5 percent in July from 35.7 the previous month, as food prices…
Egypt’s central bank issues $1.35bln T-bills
The Central Bank of Egypt (CBE) offered new treasury bills (T-bills) worth 42 billion Egyptian pounds in two…
European Commission grants Tunisia €307mln to support electricity connectivity project
The European Commission signed on Tuesday a grant agreement with the Tunisian Electricity and Gas Company (STEG)…
Egypt’s FEC seeks to expand food sales to Brazil, China
Egypt’s Food Export Council (FEC) revealed its intention to expand international sales in the sector next year to…
Egyptian Exchange briefing 09/08/2023
The Egyptian Exchange closed high on Wednesday with the main index, EGX 30, rising by 0.08 percent to 17,763.63,…
Egypt’s c.bank governor Hassan Abdalla meets South Sudanese delegation
A high-level South Sudanese delegation led by the Bank of South Sudan first deputy governor Addis Ababa Othow…
India’s Ocior Energy plans to invest $4 bln for Egypt hydrogen production
India-based Ocior Energy has unveiled ambitious plans to invest up to $4 billion into green hydrogen production in…
Chinese Midea group launches $25 mln washing machine factory in SCZone
Chinese home appliances giant Midea Group launched its $25 million washing machine factory in TEDA industrial zone…
Egytrans to acquire 99.9% of NOSCO in Q4 2023
The Egyptian Transport and Commercial Services company (Egytrans), approved the acquisition of 99.9 percent of the…
Egypt signs contracts to launch 1st locally manufactured EV by 2024
The Egyptian government signed on Tuesday contracts in the New Administrative Capital (NAC) in order to launch…