Business

10:04

cairo, gmt + 2

24 April

Wednesday, 2024

Magazine

Magazine Egypttoday December 2023

Be Social

Egypt to increase industrial output by 20%: Trade Minister

Tue, 23 Apr 2024 - 03:08 GMT

This ambitious strategy is expected to create 7 to 8 million job opportunities during the specified period.

Egypt, Italy discuss cooperation in field of renewable energy, green transition

Tue, 23 Apr 2024 - 12:10 GMT

Egyptian Minister of Electricity Mohamed Shaker discussed in a meeting Tuesday with Minister of Enterprises and Made in Italy Adolfo Urso means of boosting cooperation in the fields of renewable energy and green transition.

Goldman Sachs predicts a substantial decline in Egypt’s financing needs for Q2 2024

Tue, 23 Apr 2024 - 11:39 GMT

Goldman Sachs estimated that Egypt will require significantly less financing through borrowing for the second quarter of 2024, attributing the reduced need to the substantial financing it secured during Q1 2024 and the Ras El Hekma investment deal

Egypt, Italy trade exchange reaches $5.1B: Trade Minister

Tue, 23 Apr 2024 - 11:35 GMT

Minister Samir reiterated the significant role Italy plays as one of Egypt's prominent global economic partners.

GAFI, AfDB deliver training, consultations to 600 Egyptian entrepreneurs

Tue, 23 Apr 2024 - 11:17 GMT

The AfDB funded the project, while GAFI delivered the workshops through Fekretak Sherketak Center.

FRA introduces amendments to establish hedge funds on EGX

Tue, 23 Apr 2024 - 09:22 GMT

The amendments aim to diversify investment tools, enhance competitiveness, and make the Egyptian market more attractive to investors, according to Farid

Egypt, BPGIC forge partnership for specialized petroleum-free zone

Mon, 22 Apr 2024 - 04:05 GMT

The agreement aims to establish a specialized free zone dedicated to petroleum production, as stated by the Cabinet.

SCZONE, china’s WU'AN XIN FENG to establish $297M Iron Factory

Mon, 22 Apr 2024 - 04:03 GMT

The purpose of this project is to establish a factory specializing in the production of hot-rolled iron coils, to export 70 percent of its output.

Al Ahly Capital completes procedures to acquire 51% of El Sewedy’s Easy Lease

Mon, 22 Apr 2024 - 03:14 GMT

The acquisition aligns with Al Ahly Capital's strategic objective of expanding its presence in the non-banking financial services sector, explained CEO and Managing Director of Al Ahly Capital, Karim Saadeh

Egypt targets 42% increase in private sector investment share: Planning Minister

Mon, 22 Apr 2024 - 01:49 GMT

In addition, the country aims to achieve a total of LE 2 trillion in private-sector investments for FY2023/2024.

More

New Issue

Be Social