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Egyptian firms on AfDB’s funding priority – minister
Egyptian firms were prioritized for funding from the African Development Bank (AfDB), with Egypt's ability to…
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
Egypt’s pound currency is now under the forces of supply and demand since October 27 when the central bank moved to…
Ahead of COP27, Egypt intensifies efforts to go greener across tourist destinations around…
As the UN climate summit (COP27) is taking place in Sharm El-Sheikh in Egypt in less than two weeks, authorities…
The current global economic crisis is the hardest in 80 years – Egypt PM
The Egyptian Economic Conference 2022 (EEC 2022) is taking place amid one of the “worst global economic crises in…
Elon Musk: world civilisation still needs oil, gas
Billionaire Elon Musk said on Monday the world needs to continue extracting oil and gas in order to sustain…
Coca-Cola, McDonald’s left Russia
The Western companies with iconic brands such as Coca-Cola and McDonald’s have exit Russia this spring after Moscow…
ECB may hike rates to slow inflation – Schnabel
The eurozone inflation forecast has failed to enhance the interest rate since it rose in July rate, the European…
Norway central bank lifts interest rate by 50 basis points
Norway’s central bank hiked on Thursday its benchmark interest rate by 50 basis and announced another potential…
Egypt’s foreign currency gap shrinks to $400 million in July – c.bank official
The Central Bank of Egypt (CBE) announced on Saturday that Egypt's foreign currency gap narrowed to $400 million…
Czech’s Creative Dock announces Egypt expansion, targets €100 mln investments in MENA
Czech’s Creative Dock Group (CDG) announced on Monday its expansion in Egypt through the acquisition of…