Egypt’s foreign reserves hit $44.06bn by end of February
Egypt’s foreign reserves rose by $1.4 billion by the end of February 2019 to reach $44.06 billion, compared to $42.6 ...
Tag: Egypt
Egypt about to become main energy hub in Middle East
A French website specialized in environment and sustainable development stressed that Egypt is moving towards being an important energy hub ...
Egypt, South Korea sign MoU to enhance investment, establish projects
Egypt and South Korea signed Wednesday, Feb. 27, a memorandum of understanding (MoU) to boost investment relations and to increase ...
Egypt to provide Lebanon with LNG in new power plan
Lebanon is considering importing liquefied natural gas from Egypt, Energy Minister Nada Boustani said Tuesday, in the latest indication that ...
Saudi investments in Egypt reach $54 billion
The CEO’s of more than a hundred major Saudi companies were in town for the Egyptian-Saudi Business Council Meeting; Egyptian ...
NBE seeks to finance mega, infrastructure projects by LE 180bn
The National Bank of Egypt (NBE) aims to pump LE 180 billion to finance mega and infrastructure projects during three ...
IFCG plans to establish frozen vegetables factory with EGP 350mn investment
The International Food and Consumable Goods Company (IFCG) is planning to establish a new factory for the production of frozen ...
AfDB: Egypt produces fifth of Africa’s electricity
The African Development Bank (AfDB) said Egypt is a regional power hub as its electricity output surpasses 45 gigawatts; about ...
Messe Düsseldorf expands into Egypt: CEO Werner M. Dornscheidt meets Minister of Trade and Industry
Trade fairs as stimulants for growth markets: This was the topic discussed by Werner M. Dornscheidt, Chief Executive Officer of ...
Egypt, IFAD sign project worth $62mn
Egypt and the International Fund for Agricultural Development (IFAD) signed a $62 million agreement to establish a project to strengthen ...
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