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 …
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Morocco’s Interbank Monetary Center Warns Citizens of Scammers presenting Schengen Visa appointments
Online scams involving individuals asking for money in exchange for more recent appointments for Schengen Visa applications are becoming increasingly widespread, according to the Director of Morocco’s Interbank Monetary Center …
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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 …
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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 …
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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 …
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Morocco’s OCP Group and UM6P Partner with Rainbow Rare Earths to develop its expertise in the extraction
British mining company Rainbow Rare Earths announced on Monday the signing of a “Master Agreement” with Morocco’s phosphate and fertilizer giant OCP Group and Mohammed VI Polytechnic University (UM6P) to “further …
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Emirati Investments in Egypt jump to $1.9B in H1 2021/22
Emirati investments in Egypt increased 169.1 percent during the first half of the 2021-2022 fiscal year, to $1.9 billion, compared to $712.6 million during the same period of the fiscal …
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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. …
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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 …
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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 …