Business
CIB participates in Egypt’s 3rd Green Economy Forum
Bank serves as event’s Sustainable Finance Partner, showcases 4 green finance programmes
Egypt’s Economic Ministerial Committee discusses measures to advance industry
New incentives will be offered for industries with high, local technological components
Banking
12 banks in Egypt report EGP 6.495bn net profits during Q1 2021
Banque du Caire reports EGP 1bn in net profit in Q1 2021
Egypt’s interest rates expected to remain unchanged for 5th consecutive CBE meeting
ADIB-Egypt forms tri-party cooperation to launch pre-paid ‘Khazna Meeza’ card
Supporting entrepreneurship, MSMEs among Central Bank of Egypt’s priorities: Sub Governor
Egypt’s SMEs Development Agency, Banque Misr sign EGP 500m micro-enterprises finance
Real Estate
Margins Developments begins construction in New Capital’s Zia project
Company directs EGP 4bn into Egyptian market, in addition to EGP 1bn of investments in Zia...
25 developers to partake in 4th Egypt Property and Investment Show in July
Tamayoz introduces 5 Business Hub in New Capital’s Downtown
LIV Real Estate Egypt inaugurates LIV365 exhibition for New Capital projects
Energy
1-billion-tonne oil, gas area discovered in Xinjiang, China
The Tarim oilfield branch of PetroChina, China’s largest oil and gas producer, said Friday they had...
AfDB approves €83m loan to Egypt’s Electricity,Green Growth Programme
Egyptian Cabinet denies setting electricity prices based on residential area
Egypt expects 5% increase in diesel prices in July
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
4,000 Egyptian importers register on Advance Cargo Information
This figure represents about 1.5% of the total number of importers, according to Matta Beshay, Head...
Egypt exports decrease 6.4% to $28bn in 2020: CAPMAS
Egypt’s chemical, fertilisers exports surge by 30% in 4 months
Egypt sees 25.2% decrease in trade deficit in March 2021: CAPMAS
Two Lamborghini Urus crossovers complete 6,500 km tour across Japan
Tour visits Miyajidake Shrine, and then moves to Hiroshima, with a stop at Atomic Bomb Dome
Tourism
Egyptian Government explores boosting inbound tourism
New film prepared for Egypt’s promotional campaign in Arab market
Egypt, France discuss methods of cooperation in tourism, antiquities
International tourists down 83% in Q1 2021: UNWTO
Installation work on atrium, grand staircase completed at Grand Egyptian Museum
Technology
Egyptian government follows up on digital transformation projects
The meeting comes as part of the cooperation protocol signed between the two ministries last November.
