More than 350 exhibitors will be present at Africa Health ExCon, the biggest medical conference and exhibition in the continent, taking place on June 5-7 at Egypt International Exhibition Centre (Al Manara International Conference Centre).
Under the (...)
Egypt has received foreign inflows worth more than $150 million since its pound currency was first floated in November 2016, according to chairman of third biggest state bank Banque du Caire.
These inflows include the country's issuance of (...)
Turkey's Finance Minister Nureddin Nebati is visiting Egypt next month to attend a meeting of the Islamic Development Bank (IsDB), in what would be the first ministerial-level visit in nine years, state broadcaster TRT Haber reported on (...)
Egypt's central bank Governor Tarek Amer said on Wednesday that talks with the International Monetary Fund (IMF) were advancing.
"The IMF is not imposing any tough conditions ... they won't be burden on citizens," Amer said at Arab banking (...)
Egypt plans to issue green and development bonds worth more than $500 million within the next financial year, which starts in July, deputy finance minister Ahmed Kouchouk told CNBC Arabia on Monday.
The North African country regularly taps the (...)
Egypt's Select, an electronics and mobile devices major, announced on Wednesday it had signed a new cooperation protocol with Fresh Electric for Home Appliances to provide its branches with mobile devices and electronics.
Ahmed Mostafa Awadallah, (...)
Egypt plans to raise domestic wheat output in the next three years, in a drive to boost self-sufficiency from 45 percent to 65 percent in 2025, said planning minister on Monday.
Minister Hala al-Saeed added that the country also aims to raise its (...)
Egypt unveiled on Sunday a new 50 pound coin minted to mark the country's reopening of 3,000-year-old Avenue of Sphinxes in Luxor, a grand ceremony that took place in November.
The decision was released by Egyptian Prime Minister Moustafa Madbouly (...)
Egypt has decided to postpone the planned offering of shares of some state firms on the stock exchange until September after the summer vacation, Public Enterprise Minister Hisham Tawfik told Reuters on Saturday.
The North African country had (...)
IDEA Group for Management and Marketing Services announced on Saturday a new expansion plan to serve more than 15 real estate firms in Egypt.
The expansion plan aligns with Egypt's development plan and the investment opportunities in addition to (...)
The World Bank (WB) decided to maintain Egypt's real GDP growth at 5.5 percent for the financial year 2021/2022, according to its chief economist Roberta Gatti on Thursday.
For the 2022/2023 year, the World Bank downgraded its forecast to 5 percent, (...)
Egypt, the world's largest importer of wheat, has approved India as a wheat supplier, said Egyptian Agriculture Minister El Sayed El-Qosair in a statement on Friday.
"Egypt approves India as a wheat supplier. Modi Govt. steps in as world looks for (...)
Realme announced on Monday through the Realme Global Photography Contest 2022 to "Capture the Light" on the sidelines of the company's launch of GT Neo 2 in Egypt.
The Contest is providing prizes totaling up to $10,000 starting from 31 March to 18 (...)
Abu Dhabi's wealth fund ADQ has acquired stakes in five companies listed on the Egyptian stock exchange (EGX) for 28.5 billion Egyptian pounds ($1.5 billion), Al Shark/Bloomberg reported on Tuesday.
ADQ is buying stakes in Egypt's biggest private (...)
Egypt's largest private lender Commercial International Bank (CIB Egypt) saw a block deal of 340.09 million shares at $911.45 million, the country's stock exchange (EGX) said on Tuesday.
Shares in the CIB traded at 44.00 Egyptian pounds, up 1.95 (...)
Egypt's e-payment giant Fawry saw two block deals worth $123.4 million, the country stock exchange (EGX) said on Tuesday.
A block deal was executed on 201.6 million subscription rights in Fawry at a total value of $54.87 million, according to a (...)
Egypt's Misr Fertilizers Production Company (MOPCO) saw block deal of 45.82 million shares at $266.55 million, the country's stock exchange (EGX) said on Tuesday.
Shares in the MOPCO traded at 97.30 Egyptian pounds, up 2.50 percent after the deal (...)
Chinese smartphone maker Realme has on Monday released its latest flagship killer GT Neo 2 in Egypt.
"After the great success of Realme's devices in entry level and mid-range smartphone segments, it is the time now to let Egyptian users experience (...)
Egypt has allocated areas for green hydrogen production in the Suez Canal Economic Zone (SCZone), according to statements by Prime Minister Moustafa Madbouly on Sunday.
The Egyptian prime minister made his remarks during his meeting with European (...)
Egypt and the European Union have agreed to enhance cooperation in natural gas and green hydrogen following a meeting between Prime Minister Moustafa Madbouly and EU climate chief Frans Timmermans in Cairo.
The two officials discussed the EU's (...)
Egypt's investment bank EFG Hermes announced on Sunday it had appointed Saud Altassan from Bank of America (BofA) as chief executive of EFG Hermes Saudi Arabia.
The move is part of EFG's plans to expand in the kingdom, one of its key growth (...)
Egypt will have a big role in integrating water and climate issues globally, said Mari Pangestu, managing director of development policy and partnerships at World Bank, on Saturday.
During her meeting with Minister of Water Resources and Irrigation (...)
European Commission executive vice-president Frans Timmermans started on Sunday a two-visit to Egypt to attend official meetings with government officials and take part in climate talks.
The talks are ahead of the upcoming UN Climate Change (...)
The Sovereign Fund of Egypt's (TSFE) deal with Abu Dhabi's sovereign wealth fund ADQ includes stakes in listed and unlisted firms, Al Arabiya TV reported citing CEO of TSFE as saying on Monday.
More details will be disclosed within days, Ayman (...)
Resilience and reliability are more important than ever in the power generation and utility sector. As organizations look to digital transformation to reduce risk in today, they're discovering the benefits predictive analytics can bring to their (...)
