Madbouly inaugurates 1st phase of Africa’s largest solar project in Qena

Prime Minister Mostafa Madbouly inaugurated the first phase of the Obelisk solar project, the largest renewable energy project in Africa, in Nagaa Hamadi, Qena Governorate.

Egypt, Switzerland discuss boosting trade, investment ties ahead of economic forum

Madbouly opens $24M expansion of Kadmar logistics center in Ain Sokhna

GAFI, ITDA discuss solutions to address investment climate challenges

Raya Holding gives initial nod to Helios’ MTO for Raya Foods

Latest News

USD/EGP exchange rates slightly above EGP 47 on Monday Updated 2h7m

Madbouly inaugurates 1st phase of Africa’s largest solar project in Qena Updated 2h18m

Egypt, Switzerland discuss boosting trade, investment ties ahead of economic forum Updated 3h4m

Meat, poultry, fish prices move in different directions in Egypt on January 12th Updated 3h58m

Egypt gold prices steady as global prices jump on Powell probe Updated 4h24m

Mixed trends mark basic commodity, vegetable prices in Egypt on January 12th Updated 4h50m

GB Lease & Factoring completes EGP 4.16B leasing securitization Updated 5h55m

GAFI, ITDA discuss solutions to address investment climate challenges Updated 6h48m

e-finance executes EGP 172.5M transaction under employee incentive program Updated 7h25m

Raya Holding gives initial nod to Helios’ MTO for Raya Foods Updated 8h20m

Macroeconomy

Egypt, Switzerland discuss boosting trade, investment ties ahead of economic forum

Minister of Investment and Foreign Trade Hassan El-Khatib and Swiss Ambassador to Egypt Andreas Baum discussed ways to enhance joint investment and trade cooperation.

Egypt gold prices steady as global prices jump on Powell probe

Mixed trends mark basic commodity, vegetable prices in Egypt on January 12th

GAFI, ITDA discuss solutions to address investment climate challenges

Finance and Banking

USD/EGP exchange rates slightly above EGP 47 on Monday

The USD traded at EGP 47.12 for purchasing and EGP 47.22 for selling at Banque Misr, the National Bank of Egypt (NBE), and the Commercial International Bank Egypt (CIB) on Monday.

GB Lease & Factoring completes EGP 4.16B leasing securitization

e-finance executes EGP 172.5M transaction under employee incentive program

Raya Holding gives initial nod to Helios’ MTO for Raya Foods

Real Estate and Tourism

Grand Egyptian Museum recognized as carbon-neutral facility

The General Organization For Export and Import Control (GOEIC) announced that the Grand Egyptian Museum (GEM) has been officially accredited as a carbon-neutral facility.