The World Bank has approved a $400 million loan to Egypt to develop a railway bypass for freight trains that will help improve and decarbonise the country’s transportation and logistics sector, the …
The Egyptian Natural Gas Holding Company (EGAS) announced that 5 new gas discoveries were made in the Mediterranean and the Nile Delta, with total reserves of about 317 billion cubic …
President Abdel Fatah El-Sisi directed the Governor of the Central Bank of Egypt, Hassan Abdullah, to end all obstacles facing import and local manufacturing operations, resulting from the Russian-Ukrainian crisis, …
Finance Minister Mohamed Ma’eit has decided to form a committee, whose job it will be to ease customs clearance and value-added tax return to participants in the upcoming climate summit, …
Egypt aims to raise up to $6 billion, before June 2023, by selling stakes in state-owned companies, according to the Minister of Planning, Hala El-Said. El-Said added that the program …
Egypt’s exports of natural and liquefied gas amounted to about $8 billion in the fiscal year 2021/2022, according to a cabinet statement on Sunday. Previously, Finance Minister Mohamed Maait said …
The Egyptian energy sector represents 13 percent of the gross domestic product (GDP) positioning as one of the main factors driving economic and social development, according to the Information and …
Egypt aims to raise its digital exports during the current fiscal year 2022/2023 to $5.5 billion, with an annual increase of 13 percent, according to Reuters. The Assistant Minister of …
Egypt’s central bank (CBE) has on Thursday kept its key interest rates unchanged for the third time in a row. The central bank’s Monetary Policy Committee (MPC) has maintained its …
Booking.com, a Dutch online travel agency for lodging reservations & other travel products, announced Wednesday the stoppage of supporting the Egyptian pound starting from Thursday, Sept. 22. This announcement means …