Nassef Sawiris to “Al-Sharq”: We must open up to fully float the Egyptian pound
Nassef Sawiris to “Al-Sharq”: We must open up to fully float the Egyptian pound. The founder and main shareholder of Orascom Construction, confirmed that…
Saudi Arabia considers bidding to host 2030 World Cup with Egypt, Greece.
Saudi Arabia considers bidding to host 2030 World Cup with Egypt, Greece. Saudi Arabia is planning to submit a joint bid to host the…
S&P Global Ratings lowered its 2023 growth forecast for emerging economies today
S&P Global Ratings lowered its 2023 growth forecast for emerging economies today, citing persistent pressures from the Russia-Ukraine conflict and a lingering COVID-19 pandemic…
The National Organization for Social Insurance decided to raise the minimum subscription wage for social insurance
The National Organization for Social Insurance (NOSI) decided to raise the minimum subscription wage for social insurance to EGP 1,700 from EGP 1,400 as…
Most Federal Reserve officials back slower rate rises ‘soon’
Egypt directs EGP 12.3bn to local development over 4 months
Egypt directs EGP 12.3bn to local development over 4 months. Egypt’s Minister of Local Development Hisham Amna has announced that the ministry directed EGP…
“Qatar Investment” is negotiating the development of the port of Safaga in Egypt
“Qatar Investment” is negotiating the development of the port of Safaga in Egypt. The deal, if completed, represents the first Qatari entry into the…
The Qatar Investment Authority has accelerated talks with Telecom Egypt over the purchase of a 20% stake in Vodafone Egypt
The Qatar Investment Authority has accelerated talks with Telecom Egypt over the purchase of a 20% stake in Vodafone Egypt. The Qataris are reportedly…
Saudi Arabia Beats Messi’s Argentina 2-1 In World Cup Match on Tuesday
Saudi Arabia Beats Messi’s Argentina 2-1 In World Cup Match on Tuesday. A bold and brilliant Saudi Arabia pulled off one of the biggest…
Ministries of housing, financing, and tourism are set to start supporting five low-interest financing initiatives, instead of the CBE
Ministries of housing, financing, and tourism are set to start supporting five low-interest financing initiatives, instead of the Central Bank of Egypt As of…
