Business
Orange Egypt gets awarded as the Fastest Mobile Data Network in Egypt by Ookla’s Speedtest
Orange Egypt has been awarded by Speedtest Application as the fastest mobile data network in Egypt...
New protocol to facilitate payment instruments issuance for consumer finance companies
The Central Bank of Egypt (CBE) signed a cooperation protocol with the Financial Regulatory Authority (FRA)...
Banking
CIB Egypt achieves exponential growth in online banking services
Housing and Development Bank launches new service targeting wealthy clients
Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021
To mark Farmer’s Day, Agricultural Bank offers new facilities in ‘Bab Rizq’ microfinance programme
Mashreq Bank Egypt appoints Ragia Samir as senior vice president, marketing head
Arkan Palm receives EGP 1.5bn bank finance for 1st phase of ‘205’ real estate project
Real Estate
Palm Hills Developments extends its North Coast legacy by launching Hacienda West
Hacienda West marks Palm Hills Developments’ expansion to the strategic location on the west side, only...
Capital Group delivers 817 units in Alburouj project, further 670 units ready by 2021-end
Demands to extend payment contracts for New Capital lands, categorise developers
Akadia Developments aims to sell out last phase of Pagoda Business Complex within 2 months
Energy
Egypt set to export electricity to Cyprus, Greece in October 2021
Egypt is set to sign two agreements for electricity export to Cyprus and Greece in October.
20 turbines from Egypt’s West Bakr wind farm connected to national grid
UK businesses explore investment opportunities in Egypt’s renewable energy sector
1-billion-tonne oil, gas area discovered in Xinjiang, China
Industry
5.85% decrease in Egypt’s manufacturing, extractives index in May 2021
Egypt saw a 5.85% decrease in its manufacturing and extractive index in May 2021, according to...
AAAM, Afreximbank sign MoU to boost Africa automotive investment
Egypt expects $5.8bn of chemical industries exports in 2021: Official
Egypt’s food industry exports to Germany record 13% increase in 11M 2020
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
Electric vehicle technology invades Egyptian market
Egypt aims to keep pace with global shift towards clean energy
Tourism
Tourism promotion strategy step towards publicizing archaeological destinations: Parliamentarian
Egypt to launch tourism promotion campaign for three years, starting last quarter of 2021
Egypt discovers ancient tools used in religious rituals in Kafr El-Sheikh
Egypt, Russia officials discuss ways to enhance bilateral cooperation in tourism
Egypt, Saudi Arabia discuss enhancing bilateral cooperation in tourism
Technology
Orange Egypt gets awarded as the Fastest Mobile Data Network in Egypt by Ookla’s Speedtest
Orange Egypt has been awarded by Speedtest Application as the fastest mobile data network in Egypt...
