Egypt’s CBE leaves key interest rates unchanged for third time in 2021
The Monetary Policy Committee (MPC) of Egypt's central bank (CBE) decided on Wednesday to keep the current interest…
Egypt signs deal to build $7.5 billion petrochemical complex in Ain Sokhna
Egypt has signed a $7.5 billion deal to build a petrochemical complex in the Ain Sokhna industrial zone, the…
PepsiCo plans to remove 3 million emissions globally, including Egypt in 2030
PepsiCo aims to eliminate at least 3 million tonnes of greenhouse gas emissions across its entire 7-million-acre…
Egypt working with IMF for medium-term revenue strategy targeting 2% GDP increase:…
Egypt and the International Monetary Fund (IMF) are working together to draft a medium-term revenue strategy (MTRS)…
Egypt’s stocks end week in red, benchmark EGX 30 edges down 1.10%
Egypt’s stock exchange’s (EGX) indexes closed lower on Wednesday, with the benchmark EGX 30 index edging down 1.10…
Naguib Sawiri resigns from Orascom Investment Holding as Chairman
Orascom Investment Holding (OIH) board approved on Wednesday the resignation of Egyptian business tycoon Naguib…
Egypt is 3rd biggest importer from Brazil in MENA, Arab-Brazilian commerce chamber
Egypt is the third biggest importer of Brazilian goods e during the first quarter (Q1) of 2021, with the export…
Egypt’s daily coronavirus infections exceed 1,000 for first time since January
Egypt reported 1,003 new coronavirus cases on Tuesday, the highest single-day rise since 8 January, bringing the…
Tourism revenues in Egypt will increase by $3bn on Russian flight resumptions: Goldman…
The tourism sector in Egypt will be seeing an additional revenues by over $3 billion annually after the return of…
Egypt will be offering $975 mln one year US-dominated T-bills on Wednesday
Egypt is set to offer one-year term US-dominated treasury bills (T-bills) on Wednesday with a total amount of $975…