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Egypt’s non-oil exports rise 1.7% in May – report
Egypt’s non-oil exports rose 1.7 percent year-on-year last May, the monthly report of the General Organization for…
Egypt’s Al-Mashat calls for increasing international funding for tourism sector
Egypt’s Minister of Tourism Rania Al-Mashat stressed on the need for increasing international funding and support…
EIB offers Egypt €1.2 million for second Cairo metro line
The European Investment Bank (EIB), the EU's lending institution, is offering a €1.2 million ($1.4 million) to…
Egypt’s Raya to launch assembly electric cars in H2-2020
Raya Auto, a subsidiary of Egyptian Raya Holding, is planning to offer locally-assembled electric cars in the North…
Majid Al Futtaim’s Egypt unit secures EBRD $200 mln loan
The Egyptian unit of UAE-based Majid Al Futtaim Holding (MAF) has secured a 200 million Egyptian pounds ($12…
World Bank approves further $500 mln for Egypt’s social safety net
The World Bank has approved $500 million in additional funding to help Egypt strengthen its social safety nets, the…
Nigeria to sign Africa free trade agreement at AU summit – presidency
Nigeria will sign an Africa free trade agreement at the coming African Union summit, which will take place in…
Egypt’s Kharafi National planning new $25mn power plant in Ghana
Egypt’s infrastructure contractor Kharafi National has submitted an offer to build a $25 million power plant in…
U.S. investments in Egyptian startups rise 4.5% in 2018 – CAPMAS
The U.S. investments in new companies in Egypt increased 4.5 percent to around $4.6 million in 2018 from $4.4…
State-run contractors’ turnovers in Egypt new capital rise to $120.3mn
Egypt’s state-run construction companies operating in the country’s new capital reached business portfolio ranging…