International community must agree on an alternative to Libor before expiring, Mashaat
The international community must agree on an alternative to Libor before its expiring by the end of 2021, said…
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IMF raises projections for Egypt’s GDP growth to 3.5%
The International Monetary Fund (IMF) has raised its projections for Egypt’s economic growth in fiscal year…
IMF warns of long, slow recovery as it eases global recession forecast
The International Monetary Fund (IMF) now sees the world’s GDP contracting at a 4.4 percent pace — an improvement…
La Verde expects EGP 3bn in sales at New Capital’s Casette
La Verde Developments announced the launch of the La Verde Casette project in the New Administrative Capital (NAC),…
Egypt’s Ghazl El-Mahalla Sporting Club will be listed on EGX
Egypt’s Ministry of Public Business Sector is planning to establish a joint-stock company to list Ghazl El-Mahalla…
Edita initiates arbitration procedures against Chipita
Edita Food Industries announced the initiation of arbitration procedures against Chipita at the Cairo Regional…
LG Egypt to invest $50mn in manufacturing facilities over 3 years
LG Egypt to invest $50 million in manufacturing over the coming three years to boost its household appliance…
UK PM Johnson to impose further COVID-19 restrictions but pubs angry
British Prime Minister Boris Johnson will on Monday impose a tiered system of further restrictions on parts of…
U.S awards $486 deal to AstraZeneca for Covid-19 antibody treatment
The U.S. government has awarded $486 million to AstraZeneca Plc to develop and secure supplies of up to 100,000…
Apple is about to hold ‘the most significant iPhone event in years’
Apple is holding a launch event where it will reveal this year’s iPhone lineup with the first major exterior…
AfDB 2023