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5 October

Wednesday, 2022


Magazine Egypttoday February 2022 / March 2022

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Egypt's PMI stabilizes at 47.6 during September

Tue, 04 Oct 2022 - 02:31 GMT

The index signaled a solid deterioration in business conditions, albeit one that was the joint-weakest for seven months, it revealed.

Egypt increases volume of exports, achieve self-sufficiency via increased investment

Tue, 04 Oct 2022 - 07:47 GMT

According to Ahmed Abdel Hamid, the Head of the Building Materials Division of the Federation of Industries, "there is an exceptional circumstance in the industry and economy in the world, but Egypt is able to exceed this period."

Egypt’s Petrochemical Holding Company embarks on producing biodegradable plastic

Mon, 03 Oct 2022 - 09:56 GMT

The Petrochemical Holding Company aims to produce green petrochemicals to preserve the environment and keep pace with the global trend to reduce the harmful impact resulting from the disposal of plastic products and other waste.

What makes Fares Egypt's first green village?

Mon, 03 Oct 2022 - 09:42 GMT

Fares Village in Kom Ombo, Aswan, will be displayed as a model for the Green Village in COP27, which Egypt hosts in Sharm El-Sheikh in November.

Egypt's WB Group composite index up 27.5 points - Planning ministry

Mon, 03 Oct 2022 - 04:55 GMT

Planning and Economic Development Minister Hala el Saeed said in statements Monday that the global governance indicators measure the quality of governance for more than 200 countries.

EGX ends Monday in red, market cap. loses LE 876.6M

Mon, 03 Oct 2022 - 04:41 GMT

The benchmark EGX30 inched down 0.02 percent, or 1.51 points, to end at 9,685.85 points.

Kuwaiti investments in Egypt hit $B: Minister

Mon, 03 Oct 2022 - 04:00 GMT

“Kuwait is the third largest Arab trading partner, and the fourth largest global trading partner among the investing countries," Maait said.

Egypt aspires to promote Kuwaiti investments: Finance min.

Mon, 03 Oct 2022 - 03:32 GMT

The minister, meanwhile, said that the political leadership is keen on stimulating private sector activity, especially that Egypt has an advanced infrastructure and ability to accommodate investment expansion in the various sectors.

Saudi Egyptian Investment Company acquires 34% of B.TECH

Mon, 03 Oct 2022 - 03:25 GMT

After this deal, the number of Saudi sovereign fund deals in Egypt increases to 5, with a total investment of $1.450 billion.

World Bank approves $400M to develop sustainable infrastructure in Egypt's transportation sector

Mon, 03 Oct 2022 - 02:27 GMT

This project will strengthen the railway network in Egypt, one of the largest railway networks in the African continent; enhancing the country’s green transition and move towards low carbon emissions.


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