cairo, gmt + 2

1 October

Saturday, 2022

The Finance Day will tackle the issues of the "innovative financing" and "fair transformation financing", the role of the private sector in mobilizing financial resources and directing them to environmentally-friendly projects, the minister said during his tour in Sharm El Sheikh city.

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Magazine Egypttoday February 2022 / March 2022

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Egypt's central bank issues LE 26.5B in T-bills Thursday

Thu, 29 Sep 2022 - 01:32 GMT

The T-bills were offered in two installments, with the first valued at LE 5 billion with a 182-day term.

Proptech platform Partment raises $1.5M

Wed, 28 Sep 2022 - 06:59 GMT

The round was led by Nclude, a leading venture capital platform focused on investing in fintech and fintech-enabled start-ups in Egypt, Middle East and Africa, and Plus Venture Capital (+VC), a MENA focused venture capital firm investing in pre-seed and seed tech startups.

EGX trades in red zone Wednesday, market cap. loses LE6.13B

Wed, 28 Sep 2022 - 06:55 GMT

The benchmark EGX30 declined 1.17 percent, or 115.18 points, to end at 9,702.19 points.

Sisi's decisions paved way to attract investments to Egypt - AAAID head

Wed, 28 Sep 2022 - 04:39 GMT

He added that Sisi’s directives that were announced on Tuesday reflected his keenness to attract more investments to Egypt.

Egypt Economic Conference to be held from Oct. 23 to 25

Wed, 28 Sep 2022 - 04:09 GMT

A website for the conference will also be launched, to receive suggestions and opinions.

EGAS announced 5 new gas discoveries in Mediterranean Sea, Nile Delta

Wed, 28 Sep 2022 - 03:56 GMT

Gas exports increased by 44 percent during 2021/2022 on an annual basis, as 84 shipments of liquefied natural gas were exported from the gas liquefaction plants in Idku and Damietta.

Coca-Cola Announces Participation in 27th Annual United Nations Climate Change Conference (COP27)

Wed, 28 Sep 2022 - 12:29 GMT

Marcel Martin, Chief Corporate Affairs & Sustainability Officer at Coca-Cola HBC said “Coca-Cola HBC has been recognised in numerous global ESG benchmarks as a leader in sustainability. We are proud of the significant progress towards our NetZeroby40 goal that we have achieved to date, having reduced CO2 emissions in our end-to-end supply chain (scopes 1,2 & 3) by 30% since 2010. We recognise that still we have a lot of work to do to reach our goals and our business unit in Egypt will play a critical role in helping to deliver our commitments. COP27 will be an important platform for us to connect with new partners as we seek to accelerate our actions.”

How climate change affected mango crop in Aswan this year

Wed, 28 Sep 2022 - 07:27 GMT

Fares Village in Aswan is famous for the best types of mangoes because it is located away from industrial pollutants, and near the Nile River.

Cost of constructing metallic silicon complex in New Alamein reaches $700M

Tue, 27 Sep 2022 - 05:04 GMT

Helal stressed the importance of the project, which will be built in the industrial zone of New Alamein, in bridging the import gap of silicon, which supports the strategy of optimal exploitation of natural resources and maximizing their added value.

Sisi directs CBE's governor to end obstacles to import, manufacture within two months

Tue, 27 Sep 2022 - 04:57 GMT

This came during President Sisi's inauguration of a number of new national projects in the investment zone in the city of Banha in Qalyubia Governorate, via "video conference".


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