11 verified reports available · Interface: Arabic · العربية · Source language may vary
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BUSINESSCAIRO, Oct 29 (Reuters) - Egypt's central bank raised its key interest rates by 100 basis points on Thursday, the first hike by the bank since March 2024. The monetary policy committee raised the ...
BUSINESSA solar and battery project in Egypt will supply state-owned Egypt Aluminium under a 25-year, sovereign-guaranteed power purchase agreement as the smelter seeks to meet trade-related environmental ...
BUSINESSMoscow — Egyptian President Abdel Fattah Al-Sisi told Russian President Vladimir Putin on Wednesday that Egypt hopes to expand its nuclear cooperation with Moscow, including the potential for new reactors after 2030, during a meeting at the Kremlin on the sidelines of the third Russia-Africa…
BUSINESSShell Lubricants Egypt and Al Ahly Football Company have renewed their strategic partnership for a further four years under the Shell Rimula brand, extending a collaboration that has lasted more than 12 years. The renewal marks a new phase in one of Shell Lubricants Egypt’s longest-running sports…
BUSINESSEgypt’s Minister of Planning and Economic Development Ahmed Rostom presented Egypt’s development vision and efforts to attract investment and strengthen development partnerships during a panel discussion at the 2026 Sustainable Development Goals Dialogue in Madrid, Spain. The session, entitled…
BUSINESSEgypt’s Minister of Industry Khaled Hashem inspected the facilities of Arab International Optronics (AIO), reviewing its manufacturing capabilities and technological solutions supporting infrastructure, energy and smart city projects. During the visit, Hashem toured the company’s factories and…
BUSINESSThe Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its seventh scheduled meeting of the year on Thursday to decide on its key policy interest rates, a major indicator of the direction of short-term interest rates on the Egyptian pound, amid strong expectations that rates…
BUSINESSMoscow – Egyptian President Abdel Fattah Al-Sisi arrived in Moscow on Wednesday to lead his country’s delegation at the third Russia-Africa Summit, where Russian President Vladimir Putin outlined plans to double bilateral trade with the continent to $50 bn. Al-Sisi is scheduled to hold bilateral…
BUSINESSBeyti has invested more than EGP 7bn in Egypt and has an investment plan worth EGP 8.7bn for 2025-2027, the company announced, highlighting its contribution to local manufacturing, employment and sustainable economic development. The company provides around 6,000 direct jobs and 19,000 indirect…
BUSINESSNahdet El Mahrousa (NM), the first incubator for early-stage social enterprises in Egypt and the Middle East, hosted the GreenShift Summit on Tuesday, 27 October, bringing together more than 150 industry leaders, policymakers, investors, development partners and entrepreneurs to discuss how…
BUSINESSEgypt’s Minister of Civil Aviation Sameh Elhefny discussed opportunities for Japanese companies to participate in the development of Egyptian airports, including a programme to offer several airports to the private sector for management, operation, and development, in cooperation with the…