B Investments aims for “Orascom Financial” acquisition via share exchange
B Investments aims for “Orascom Financial” acquisition via share exchange. B Investments Holding has gained its board’s approval to acquire a stake ranging from…
The Egyptian President declares pound exchange rate as a matter of national security
The Egyptian President declares pound exchange rate as a matter of national security. Egyptian President Abdel Fattah al-Sisi addressed the issue of Egypt’s exchange…
Egypt introduces two new proposals for oil and gas exploration in the Red Sea and southern regions
Egypt introduces two new proposals for oil and gas exploration in the Red Sea and southern regions. Egypt is planning to introduce two new…
Egypt Secures $460 Million Agreement with South Korea for Cairo Metro Expansion
Egypt Secures $460 Million Agreement with South Korea for Cairo Metro Expansion. Egypt has announced a significant financing agreement with South Korea, valued at…
Egypt’s parliament calls for restricting foreign borrowing to very narrow limits
Egypt’s parliament calls for restricting foreign borrowing to very narrow limits. The Chairman of Egypt Parliament’s Budget Committee, Fakhri El-Fiqi, has called on the…
Central Bank Digital Currencies: An Unconvincing Solution to a Cashless World
Egypt aims for a 15% surge in oil exports to reach 21 Billion USD in 2023
Egypt aims for a 15% surge in oil exports to reach 21 Billion USD in 2023. Egypt is strategizing to boost its petroleum exports…
IMF Deputy Managing Director arriving in Cairo for economic discussions
IMF Deputy Managing Director arriving in Cairo for economic discussions. Antoinette Sayeh, Deputy Managing Director of the International Monetary Fund (IMF), is visiting Cairo…
Consortium led by UAE’s Masdar plans to construct a 10 billion USD wind farm in Egypt
Consortium led by UAE’s Masdar plans to construct a 10 billion USD wind farm in Egypt. A consortium led by Abu Dhabi’s Masdar is…
Government expresses intent to sell additional shares of Telecom Egypt
Government expresses intent to sell additional shares of Telecom Egypt. According to a reliable government source, the Madbouly government is actively pursuing its privatization…
