Libya’s c. bank halts operations after official kidnapped
Libya’s central bank has suspended all operations following the kidnapping of a senior official on Sunday.
Kasrawy Group targets 23,000 vehicles in 5 years – Cabinet
Egyptian automotive conglomerate, Kasrawy Group has set an ambitious goal of producing 23,000 vehicles over the…
Egypt pours EGP 182.2b into healthcare sector for FY23/24 budget
The Egyptian government earmarked 182.2 billion Egyptian pounds to the healthcare sector during the fiscal year…
Nissan Egypt to invest $55.9m for market expansion by ’26
Nissan Egypt announced plans to invest $55.9 million by 2026 to solidify its position as the market leader in…
Egypt earmarks EGP 8.1b for public transport in FY23/24 budget
The Egyptian government has allocated 8.1 billion Egyptian pounds for transport and mobility initiatives in the…
UK property market bounce back faster than rest of Europe – FT
The UK’s commercial real estate market is beginning to recover at a faster pace than the rest of Europe after a…
Egypt assigns EGP 185b for social welfare in FY23/24 budget
The Egyptian government has significantly increased spending on social welfare programmes in its fiscal year…
EGP vs. USD on Sunday – CBE
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Egypt increases food subsidies by 9.4% in FY 23/24 budget
Food subsidies received a 9.4 per cent funding boost in Egypt's 2023/2024 budget, reaching 133.3 billion Egyptian…
Dubai Chambers, CCB sign MoU to boost investment co-operation
Dubai Chambers and China Construction Bank (CCB) – DIFC Branch have signed an MoU to support Chinese companies in…
