Egypt’s gold reserves inch up to $7.326 billion at end-2022
Egypt’s gold reserves, a major component of foreign cash reserves, inched up to $7.326 billion at the end of…
Egypt’s net foreign reserves surge to $34.002 billion in December
Egypt’s net foreign reserves surged to $34.002 billion at the end of December from $33.532 billion at the end of…
Ducab supplies 633 km of cable to 70-turbine windfarm in Egypt
UAE-based cable manufacturer Ducab Group has supplied 633 kilometres of medium voltage and earthing cable to a new…
Egypt inaugurates largest water park in Middle East
Egypt’s Ministry of Tourism and Antiquities inaugurated the largest water park in the Middle East, Neverland City…
Egyptian billionaire Nassef Sawiris buys $24mln Trousdale Estates – report
Egyptian billionaire Nassef Sawiris was the mystery buyer who recently paid north of $24 million for a strikingly…
Egypt’s Misr Emirates Life Takaful renews reinsurance deals with Gen Re for 2023
Misr Emirates Life Takaful – Salama has renewed its reinsurance contracts for another year, its managing director…
Egypt’s agricultural exports hit 6.3mln tons in 2022
Egypt’s agricultural exports had exceeded 6.3 million tons in 2022 for the first time in history, Ministry of…
Abu Dhabi Islamic Bank raises stake in Egypt unit to 52.6%
Abu Dhabi Islamic Bank PJSC (ADIB) has raised its stake in its Egyptian subsidiary ADIB Egypt from 50.2 percent to…
Egypt’s Talaat Moustafa Group 2022 sales hit record of EGP33.2 billion
Egyptian real estate giant Talaat Moustafa Group Holding (TMG Holding) announced on Monday that it had achieved…
Egypt receives Green Coffin from United States
Egypt has received on Monday the Green Coffin from the United States after judicial investigations lasted for more…
