Friday 27 Dec

economy

Egypt to receive $1.2 billion in new IMF funding
2024/12/25

Egypt to receive $1.2 billion in new IMF funding

Sources reported on Wednesday that Egypt is set to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) as part of its ongoing...

Turkish companies eye textile free zone in Sadat City
2024/12/16

Turkish companies eye textile free zone in Sadat City

Dr. Mohamed Ateya El-Fayoumy, Chairman of the Qalyubia Chamber of Commerce, Chairman of the Housing Committee in the House of Representatives, and Treasurer of the...

Germany offers subsidies for electric car buyers
2024/12/12

Germany offers subsidies for electric car buyers

German Economy Minister Robert Habeck has announced a new stimulus package that offers a €1,000 charging credit for each electric vehicle, along with additional tax...

Homzmart, Paymob partner to digitize furniture sector
2024/11/28

Homzmart, Paymob partner to digitize furniture sector

Homzmart, Egypt’s leading online furniture platform, and Paymob, the leading financial services provider in the Middle East and North Africa, have announced the signing of...

President Sisi at G20 Summit to discuss energy, economy, poverty
2024/11/17

President Sisi at G20 Summit to discuss energy, economy, poverty

President Abdel Fattah El-Sisi headed to Rio de Janeiro, Brazil on Sunday to participate in the G20 Summit, scheduled for Monday and Tuesday.

Environment: Circular economy strategy promotes sustainable growth
2024/11/03

Environment: Circular economy strategy promotes sustainable growth

Dr. Yasmine Fouad, Minister of Environment, emphasized that the National Circular Economy Strategy is the culmination of significant strides made by the government to balance...

Regional real estate deals to bring in US dollars, sources say
2024/10/28

Regional real estate deals to bring in US dollars, sources say

Informed sources have indicated that Egypt is on the brink of unveiling a series of substantial regional real estate deals. These deals, whose details have...

Citigroup aims to drive investment into Egypt
2024/10/24

Citigroup aims to drive investment into Egypt

Prime Minister Dr. Moustafa Madbouly convened a meeting this evening with Jane Fraser, Executive Director of Citigroup International. The meeting was attended by Mohamed Abdel...