Category: Egypt

Three Egyptian banks to launch $83m fintech fund

March 7, 2022

Three Egyptian banks, including Banque du Caire, will launch this month a fintech fund estimated at around $83 million amid increase in investment in Egypt’s ... Read More

Egypt’s Senate Speaker calls for boosting cooperation with Morocco

March 2, 2022

Speaker of Egypt’s Senate Abdel-Wahab Abdel-Razek has called for enhancing further cooperation ties with Morocco through support measures propping up partnership between the two countries. ... Read More

Egypt to increase green investment to 30 per cent in current budget

March 1, 2022

The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance ... Read More

Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports

February 17, 2022

The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. ... Read More

Egypt appoints first Coptic Christian to head the Supreme Constitutional Court

February 10, 2022

In this photo provided by Egypt's presidency media office, Egyptian President Abdel-Fattah el-Sissi, right, swears in Judge Boulos Fahmy, as the first-ever Coptic Christian to ... Read More

Egypt seeks another ITFC financing for MSMEs

February 8, 2022

Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country ... Read More

AFCON-2021: Morocco eliminated by Egypt at the quarterfinals

January 30, 2022

Morocco has been eliminated in the quarter-finals of the African Cup of Nations soccer tournament, after losing to Egypt by a score of 2 goals ... Read More

Algerian Regime Seeks Elusive Arab Support in Egypt

January 26, 2022

After suffering a diplomatic humiliation with the cancelation of the Arab summit that was planned in March in Algiers, Pdt. Abdelmajid Tebboune flew on Tuesday ... Read More

Morocco settles trade dispute with Egypt

January 12, 2022

Morocco has resolved a trade dispute with Egypt that was sparked in March last year after Cairo denied entry to vehicles made in the Tangier ... Read More

Three Tunisian politicians suspended under investigation for financing terrorism

January 12, 2022

The anti-terrorism department of the Tunisian ministry of Justice has launched a probe against three members of Islamist party Ennahdah, including the Speaker of the ... Read More