Business
Egypt ranks 4th in The Economist ‘Normalcy Index’ showcasing resilience despite COVID-19
Egyptian economy’s resilience applauded by many international institutions, who note country has achieved positive economic growth...
Approved vaccine inconsistency could delay restart of international travel: WTTC
Tourists have been turned away at borders because countries don’t have common list of internationally recognised COVID-19 vaccines...
Banking
Banking consortium offers EGP 962m syndicated loan to open branches of European universities in Egypt
HSBC named Best Investment Bank in Egypt by Euromoney
Egypt is strategic economic partner for France: Crédit Agricole Egypt MD
Crédit Agricole Egypt, Visa renew partnership for 5 years
National Bank of Egypt manages over EGP 134bn worth financing deals in H1 2021
Central Bank of Egypt regulates commercial registration, documentation at banks
Real Estate
New Administrative Capital is Egypt’s gate for property export: Developers
Egypt’s real estate developers agreed that Egypt has a great potential to export property through its...
Launching New Capital reflects new vision for Egypt
Youth Ministry constructs branch of The Club in New Capital with EGP 4.5bn investments
Opinion| Egypt’s New Administrative Capital and support for real estate developers
Energy
UK businesses explore investment opportunities in Egypt’s renewable energy sector
‘One of our main trade priorities this year is engaging private sector on sustainability agenda in...
1-billion-tonne oil, gas area discovered in Xinjiang, China
AfDB approves €83m loan to Egypt’s Electricity,Green Growth Programme
Egyptian Cabinet denies setting electricity prices based on residential area
Industry
AAAM, Afreximbank sign MoU to boost Africa automotive investment
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a...
Egypt expects $5.8bn of chemical industries exports in 2021: Official
Egypt’s food industry exports to Germany record 13% increase in 11M 2020
FEI’s feeder industries division praises government drive towards EV manufacturing
Trade
Egypt sees 13.3% decrease in trade deficit during April 2021
Country’s trade deficit reaches $3.1bn in April 2021, against $3.5bn for April 2020
4,000 Egyptian importers register on Advance Cargo Information
Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS
Egypt’s chemical, fertilisers exports surge by 30% in 4 months
Volvo, Daimler Truck, Traton to launch heavy-duty trucks charging network across Europe
Volvo Group, Daimler Truck, and the Traton Group have signed a non-binding agreement to install and operate a high-performance public charging network for heavy-duty...
Tourism
Approved vaccine inconsistency could delay restart of international travel: WTTC
Tourists have been turned away at borders because countries don’t have common list of internationally recognised COVID-19 vaccines...
Vaccines, digital solutions to be rolled out to ease travel restrictions: UNWTO
Luxor Museum hosts temporary exhibition on Egyptian military throughout ages
Egypt allows passport holders from 74 countries to obtain electronic tourist visa
Technology
Egypt’s ITIDA showcases promotional activities at 4YFN International Exhibition in Barcelona
MoU was signed with France’s Atos to provide support for company’s business expansion in Egypt and...
