Egypt’s non-oil exports rise 12% y/y in 10 months
Egypt’s non-oil exports surged 12 percent to $30.4 billion in the first ten months of the year compared to $27.1…
Egypt to pay local farmers EGP1,100 for sugarcane ton – ministry
Egypt’s Ministry of Supply has announced that it will raise the price of sugarcane purchased from local farmers to…
Dubai International Chamber launches new offices in Egypt, Türkiye
Dubai International Chamber has opened three new international representative offices in three countries including…
Telecom Egypt, Gird Telecom to build subsea cable connecting Egypt and Greece
State-run Telecom Egypt (TE) has signed an agreement with Grid Telecom to build a submarine cable system that will…
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…
Elon Musk to resigns as Twitter CEO when finds ‘foolish’ replacement
Elon Musk said he will resign as Twitter's chief executive officer when he finds someone "foolish enough to take…
Egypt’s Suez Canal makes record revenues of $7.9bn in 2022
Egypt's Suez Canal has registered a record-breaking revenue of $7.932 billion in 2022 up from $6.333 billion last…
UAE’s NMDC wins $272 million Suez Canal dredging job
UAE’s National Marine Dredging Co. (NMDC) has won a contract worth AED 1 billion ($272 million) for dredging works…
Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll
The Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on Thursday, a Reuters…
SMEs portfolio at Egypt’s NBE hits EGP 140bn
The National Bank of Egypt (NBE) has raised 140 billion Egyptian pounds in the Small and Medium Enterprises (SME)…
