Category: Egypt

Egypt’s stock market, Global Carbon Council to expand regional climate action scope

March 28, 2023

The Egyptian Exchange (EGX) signed a memorandum of understanding (MoU) with the Global Carbon Council (GCC) to enhance regional climate activities, Arab Finance reports citing ... Read More

Chinese company considers $2bn investment in cast-iron pipes, steel industry in Egypt

March 24, 2023

Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head ... Read More

World Bank approves new $7 billion partnership agreement with Egypt for 2023-2027

March 24, 2023

The World Bank has approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of ... Read More

Egypt, Georgia ink agreement to promote investment cooperation

March 21, 2023

The General Authority for Investment and Free Zones’ (GAFI) CEO Hossam Haiba and CEO of Enterprise Georgia Mikheil Khidureli have signed a memorandum of understanding ... Read More

Arab Ministers’ health council back up Egypt’s proposal to establish Arab Drug Agency

March 17, 2023

The Council for Arab Ministers of Health approved Egypt’s proposal to establish the Arab Drug Agency, the Egyptian Ministry of Health and Population said in ... Read More

Egypt inks deals with international consortiums to establish, manage, operate Sokhna & Dekheila ports

March 16, 2023

Egypt signed two agreements worth $1.6 billion with international consortiums on the establishment of the superstructure, management, operation, exploitation, maintenance, and handing over of the ... Read More

Egypt-based online payment service Fawry denies connection with Silicon Valley Bank

March 14, 2023

Egypt's leading e-payments solutions provider Fawry denied Monday any affiliation with Silicon Valley Bank (SVB), nor any of its subsidiaries, weeks after US authorities ordered ... Read More

Egypt, Greece to carry out feasibility studies for underwater electricity interconnection project

March 13, 2023

Egypt and Greece are working to hire an international consultancy office to carry out feasibility studies for the $4 billion electricity interconnection project between the ... Read More

UAE, Germany, Egypt set up consortium for hydrogen project in Mauritania

March 9, 2023

German project developer Conjuncta, Egypt's energy provider Infinity, and the United Arab Emirates' Masdar have signed an agreement to set up an international consortium for ... Read More

Egypt: Four dead in train crash

March 9, 2023

Four people were killed and 23 wounded after a passenger train slammed into the buffers at a station north of Cairo, the Health ministry announced ... Read More