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Egyptian digital bill payments firm Fawry 2020 net profit climbs 81%
Egyptian e-payment giant Fawry reported on Tuesday an 81 percent year-on-year growth in net profit in 2020.
Egypt to set up a new company to market, sell Spinning, Weaving products
Egypt aims at establishing a new company to market and sell the products of the Holding Company for Spinning and…
Suez Canal is finally unblocked after megaship Ever Given is freed
After blocking the Suez Canal for almost a week, the giant cargo ship Ever Given is now free and sailing as a…
Egypt refutes report that megaship Ever Given swung back across Suez Canal
Suez Canal Authority released a video on Monday refuting an earlier Reuters report citing a witness and a Canal…
Megaship Ever Given reportedly swings back across Suez Canal before next tugging attempt
A giant container ship Ever Given that was jammed across the Suez Canal and has been partially refloated swung back…
Egypt’s smartphone market grows 10.6% y-o-y in 2020: IDC
Egypt’s smartphone market recorded a healthy year-on-year growth during 2020, according to the latest figures…
Egypt, China trade exchange grows 10.34% in 2020
Trade exchange between Egypt and China grow 10.34 percent year-on-year to $14.56 billion in 2020, Egyptian state…
Egypt successfully refloated Ever Given that blocked Suez Canal almost a week
Egypt announced on Monday that the Panamanian container ship has been successfully re-floated, according to Admiral…
Saudi sovereign fund in talks to buy ADES International – sources
Saudi Arabia’s Public Investment Fund (PIF) is reportedly in talks to buy ADES International, an oil and gas…
Egypt’s economic reforms have led to €1.7 bln worth of German investments; says…
The economic reform programme recently implemented in Egypt has encouraged German companies to inject €1.7 billion…