Continental Investments, a prominent branch of Egypt’s top-tier real estate developer LMD Sabbour Group has announced a strategic collaboration with UAE’s premier corporate financial services provider Finance House. Building on …
Local Media
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Three major mobile phone factories have recently started production in Egypt with a total investment of EGP2 B, according to a press release from the Ministry of Communications and Information …
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Egypt’s agricultural exports soared by 18.24% year on year (YoY) to 4.654 million tons between January 2023 and July 5th, up from 3.936 million tons the previous year, according to …
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Egypt will build six gold extraction facilities in the Eastern Desert, according to Asharq business, citing unnamed sources familiar with the matter. According to the sources, the government-affiliated Shalateen Mineral …
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Egypt positioned first in North Africa for foreign direct investment (FDI) inflows in 2022, obtaining a total of $11.4 billion, which was the greatest amount since 2017, according to the …
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Commercial International Bank (CIB) has received $250 million in long-term loans from the International Finance Corporation (IFC) to sustain its capital and fund green initiatives. The first loan is worth …
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Egypt’s headline inflation rate rose to 36.8 percent in June, up from 34.8 percent in May, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) on Monday. The …
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Following an agreement between Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) and the Agricultural Bank of Egypt, the French Development Agency (AFD) will grant EGP 60 million ($1.94 …
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As AI-driven automation increasingly takes over jobs, certain countries will be hit harder than others, especially those with large populations. In the Middle East region, the top three nations that …
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Celebrations to launch a “color festival” on the beaches of Marsa Alam in Egypt succeeded in attracting more than 6,000 tourists, many from European countries, notably Germany, Poland, Czechia, and …