Egypt’s government gross debt projected to jump to 92.9% of GDP in 2021: IMF
The Egyptian government’s gross debt may jump to 92.9 percent of GDP in 2021, up from 90.2 percent in 2020,,…
PMI moves towards a smoke-free transformation, takes part in a webinar on e-cigarettes
Philip Morris International (PMI) affiliate in Bulgaria and the local independent scientific organization Arbilis…
IMF upgrades Egypt budget projections in its Fiscal Monitor Report
The International Monetary Fund (IMF) said that Egypt’s fiscal position has improved over the past six months,…
Egypt’s banks could face further pressure on net income in 2021, Fitch
Egypt’s banks could face further pressure on net income in 2021 due to the lower interest rate environment , Fitch…
ValU, PayTabs Egypt partners with LuLu Group for burden-free shopping
EFG Hermes' subsidiaries PayTabs and Valu will roll out services at LuLu Group's supermarkets across Egypt under a…
Egypt is one of top 10 fertilizers exporters in the world, Minister
Egypt has become one of the world’s top 10 fertilizers exporters as the Egyptian government pays big attention to…
Egypt’s economy to record 2.5% in FY 2020/21 before rebounding to 5.7%: IMF
The International Monetary Fund (IMF) has predicted that the Egyptian economy will continue its positive growth…
Egypt’s stocks end mostly lower on Wednesday, benchmark EGX 30 falls 0.35%
Egypt’s stock exchange’s (EGX) indexes ended mostly lower on Wednesday, with the benchmark EGX 30 index falling…
UAE’s Agthia board approves 75% acquisition of Egypt’s Atyab
Abu Dhabi-based food and beverage company Agthia Group announced on Wednesday that its board has approved an…
Lafarge Egypt launches new products to lower CO2 footprint
Lafarge Egypt, a member of cement maker giant LafargeHolcim Group, announced on Wednesday new products compliant…