IMF Boosts Egypt’s Loan Program by $5 Billion Amid Currency Devaluation
The Executive Board of the International Monetary Fund has given the green light to a $5 billion boost in…
Egypt, Saudi Arabia, and UAE Drive 85% of Regional M&A Transactions in 2023
In 2023, Egypt ranked among the top three nations in the region for M&A volumes, completing 93 transactions, as…
S&P Boosted Egypt’s Outlook to Positive Following Foreign Investments
S&P Global Ratings has become the second rating agency this month after Moody’s to upgrade Egypt’s outlook, raising its…
Majid Al Futtaim Champions the Winning Egyptian SMEs of its Launchpad Accelerator Programme
Cairo, Egypt, 5 March 2024: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the…
Misr University for Science and Technology to Host Third International Biotechnology Conference
Misr University for Science and Technology to host the Third International Biotechnology Conference on March 5th The conference,…
إعفاء المسنين بدون معيل من تكاليف الإشاعات و الإقامة في مؤسسات الرعاية
وافق مجلس النواب المصري اليوم على مشروع قانون يُعفِي المسنين الذين لا يملكون معيلًا من تكاليف الإقامة والاشاعات في…
Egypt Central Bank To Suspend Credit Cards That Do Not Provide Proof of Usage Abroad
The Central Bank of Egypt (CBE) has issued new rules for customers who do not provide proof of use…
Japan Yazaki is Building a $32.5 Million Vehicle Parts Facility in Egypt
Yazaki, a Japanese vehicle parts supplier, has announced the start of construction on a new USD 32.5 million auto…
تم التعاون بين “فيزا” و “شركة بنوك مصر” لتيسير عمليات تحويل الأموال للمصريين في الخارج
وقعت شركة “فيزا”، الشركة الرائدة في مجال المدفوعات الرقمية، اتفاقية مع شركة بنوك مصر للتقدم التكنولوجي المسؤولة عن تطوير…
Inflation Decreased to its Lowest Point Since January 2023
This decrease was due to a continued slowdown in the rise of food prices. According to data released by…
