After launching the “Safe Shores” initiative targeted at fishermen and the “Silky Hands” initiative targeted at carpet makers, the ministry of social solidarity Egypt launched Tuesday “Your Road is Safe” …
Egypt
-
AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
-
AfricaAFRICA NEWSBusinessEconomyEgyptFood ProductionNewsNorth AfricaNorthern Africa
Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
-
AfricaAFRICA NEWSBusinessEgyptEnergyFood ProductionNewsNorth AfricaNorthern Africa
Egypt aims to increase wheat productivity by 33% with atomic energy
Egypt’s Atomic Energy Authority succeeded recently in expanding the peaceful uses of atomic energy in different fields, which sends a clear message to the world on the country’s keenness to …
-
AfricaAFRICA NEWSBusinessEconomyEgyptNewsNorth AfricaNorthern Africa
Egypt in final stage of talks with IMF on new funding, says PM
The Egyptian government is in the final stage of talks with the International Monetary Fund (IMF) on a new funding, Prime Minister Mostafa Madbouli said during the Logos Coptic Youth …
-
AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaTechnology
Egypt launches ClimaTech RUN 2022 initiative
Ministries of International Cooperation, Environment and Communications held an event Monday to launch the global initiative“ClimaTech Run 2022”. The ClimaTech Run 2022 aims to attract and motivate technology startups working …
-
AfricaAFRICA NEWSEconomyEgyptNewsNorth AfricaNorthern Africa
Egypt’s environment minister opens new water treatment plant at Rameda
Egyptian Minister of Environment Yasmine Fouad inaugurated a new high-efficiency water treatment plant at the Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) (RMDA), according to a press release on Monday. …
-
AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
IMF urges Egypt to cancel low-interest loans initiatives
The International Monetary Fund( IMF) has called on the Central Bank of Egypt to cancel all low-interest initiatives, such as loans to small and medium enterprises, the tourism sector, and …
-
AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
Cairo Oils incurs EGP 45.8M loss in H1
Cairo Oils and Soap (COSG) suffered a net loss after tax of EGP 45.79 million in the first half (H1) of 2022, versus a loss of EGP 34.75 million in H1 2021, according to …
-
AfricaAFRICA NEWSEconomyEgyptNewsNorth AfricaNorthern Africa
Egypt’s central bank holds interest rates steady after a change of governor
The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) interest rates unchanged for the second time in a row during the first meeting led …
-
AfricaAFRICA NEWSEconomyEgyptNewsNorth AfricaNorthern Africa
MDCsczone, DP World to build $80M logistics in Egypt
Main Development Company for Suez Canal Economic Zone (MDCsczone) has signed a contract with DP World, an Emirati multinational logistics company for the establishment of a new logistics zone with …