Egypt’s trade deficit widens by 6.6% during H1 of FY20/2021, CBE
The non-oil trade deficit widened by 6.6 percent to record $ 19.1 billion, due to higher non-oil…
Current account deficit widens 66.9 % during H1 of FY20/2021, CBE
The current account deficit rose by 66.9 percent to record $ 7.6 billion during the First Half of FY…
Ora Developers signs an agreement with Telecom Egypt for communication services at its…
Telecom Egypt signed a protocol of cooperation with Ora Developers to provide integrated communications services to…
Egypt’s foreign debt seen a rise of 15% during 2020, CBE
Egypt's foreign debt amounted rose by $ 16.525 billion, representing 15 percent in 2020, compared to 2019,…
Egypt’s stocks close higher on Monday, benchmark EGX 30 gains 0.55%
Egypt’s stock exchange’s (EGX) indexes closed higher on Monday, with the benchmark EGX 30 index adding 0.55 percent…
Abu Dhabi’s ADNOC, Sawiris-backed OCI reportedly weigh IPO of fertiliser joint…
Abu Dhabi National Oil Company (ADNOC) and Egyptian businessman Nassef Sawiris-backed chemical producer OCI N.V.…
Tatweer Misr signs EGP3.2 bln deals for its educational area in New Cairo project
Tatweer Misr signs agreements worth 3.2 billion Egyptian pounds to establish New Jersey Institute of Technology,…
IMF increases its expectations for MENA economy to 4% in 2021
The International Monetary Fund (IMF) expects the GDP for the Middle East and North Africa (MENA) region to reach 4…
Macro Group delays Egypt IPO plans
Macro Group, one of the largest and the fastest growing cosmeceutical companies in Egypt, is delaying its planned…
Hotels in Egypt open at half capacity, have 40-45% occupancy rates in Q1
Hotels in Egypt, which are open at half capacity due to COVID-19 measures, had occupancy rates between 40 percent…