Top 50 Women Forum has organised this week Egypt's first women summit under the rubric 'Women in Public Life: Towards New Horizons' in collaboration with the European Union and the National Council for Women (NCW).
The EU-funded high-level event (...)
The European Bank for Reconstruction and Development (EBRD) raised its growth forecast for Egypt's economy to 4.9 percent during the financial year 2021-2022.
According to its Regional Economic Prospects (REP) report released on Thursday, EBRD said (...)
Hitachi Energy, formerly known as Hitachi ABB Power Grids, is participating in Egypt Energy 2021 exhibition, taking place from November 1-3, under the patronage of Egyptian Ministry of Electricity and Renewable Energy.
Uniting North Africa's energy (...)
Misr Digital Innovation (MDI), part of Banque Misr, has signed on Thursday a seven-day strategic partnership with Mastercard to provide an easy, smooth, and secure banking experience in Egypt.
The partnership is part MDI's mission to drive the (...)
The World Bank's board of executive directors approved on Thursday a $360 million Development Policy Financing (DPF) loan to support Egypt's post-pandemic recovery and enhance the country's prospects for sustainable and inclusive growth.
The loan (...)
Egypt's decision to not renew the state of emergency will positively affect the country's economy and lure more investments, said a senior official at the European Investment Bank (EIB) in Egypt, on Thursday.
Last Monday, Egyptian President Abdel (...)
Egypt's stock exchange (EGX) has ended lower on Sunday, with the benchmark EGX 30 index falling by 0.75 percent to 11,420 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dipped by 0.03 percent to 2,304 points, while the (...)
Egypt's central bank has retained its key interest rates on Thursday, ascribing its decision to September's inflation readings.
The decision signals confidence the Egyptian central bank has well-placed to get through the potential effects of the (...)
Egypt's stock exchange (EGX) has closed lower on Monday, with the benchmark EGX 30 index dipping by 0.07 percent to 11,178 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) sank by 3.60 percent to 2,346 points, while the (...)
Egypt's stock exchange (EGX) has ended higher on Sunday, with the benchmark EGX 30 index advancing by 0.48 percent to 11,186 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) inched up by 0.83 percent to 2,433 points, (...)
Fitch Ratings has on Wednesday affirmed Egypt's Long-term foreign currency Issuer Default Rating (IDR) at 'B+' with a stable outlook.
The rating is buoyed by Egypt's "recent track record of fiscal and economic reforms," coupled with its large (...)
Egypt's stock exchange (EGX) has ended lower on Wednesday, with the benchmark EGX 30 index dropped by 0.56 percent to 11,132 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) tumbled by 2.72 percent to 2,413 points. The (...)
Egypt's stock exchange (EGX) has close lower on Tuesday, with the benchmark EGX 30 index falling by 0.72 percent to 11,195 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dived by 6.7 percent to 2,481 points. The (...)
Egypt's stock exchange (EGX) has ended higher on Monday, with the benchmark EGX 30 index growing by 1.08 percent to 11,276 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) added by 0.75 percent to 2,659 points. The (...)
Alain Pilloux, vice president of the European Bank for Reconstruction and Development (EBRD) is visiting Egypt from October 17-20 for high-level meetings with government officials to discuss the upcoming country strategy, meet the business (...)
Egypt will apply on December 1 a decision to ban the unvaccinated from entering government institutions in an effort to help slow the spread of coronavirus pandemic, the Health Ministry announced in a statement on Sunday.
The new decision will apply (...)
Egypt's stock exchange (EGX) has closed higher on Sunday, with the benchmark EGX 30 index surging by 1.45 percent to 11,155 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) rose by 0.11 percent to 2,639 points. The (...)
Cyprus and Egypt signed on Saturday an agreement to pursue links between the electricity transmission networks of the two countries.
Cyprus's Energy Minister Natasa Pilides and Egyptian Electricity Minister Mohamed Shaker signed a memorandum of (...)
Russia plans to lift coronavirus-related restrictions on flights from its airports to the Egypt's Red Sea resorts of Sharm al-Sheikh and Hurghada starting November 9, TASS news agency reported on Thursday.
The decision includes regular and charter (...)
The World Bank is working on various programmes that would increase the productivity, President David Malpass said on Thursday.
"In Egypt, we're working on various country programmes that would increase the productivity. Egypt faces challenges in (...)
Egyptian President Abdel Fattah al-Sisi attended on Tuesday the launch of the Egypt Human Development Report 2021.
The Report highlights human development during the decade 2011-2020.
The launch took place in the country's New Administrative (...)
Lafarge Egypt, a member of Holcim Group, announced on Monday its Employment of Young Women Programme in cooperation with the German Agency for International Cooperation (GIZ) through the Applied Gender Diversity Management (GDM) in the MENA (...)
Moody's maintained on Friday Egypt's long-term foreign and local currency issuance ratings at B2 and its stable outlook.
The credit rating agency also affirmed Egypt's foreign currency senior unsecured ratings at B2, according to its latest (...)
Egypt's central bank has kept its key interest rates unchanged on Thursday, saying inflation as inflation remained below target and growth seen to be picking up.
The central bank's monetary policy committee (MPC) held the overnight lending rate at (...)
Egypt and the European Investment Bank (EIB) have signed on Tuesday a €1.128 billion ($1.4 billion) agreement to support investments in the rehabilitation and expansion of metro and tram systems in Alexandria and Cairo.
The EIB financing will (...)
