Prime Minister reviews advances in localising e-chip, semiconductor industry – Dailynewsegypt
Finance, Planning Ministries to allocate funds for e-chip production localisation in upcoming fiscal year's budget
FRA discloses non-banking finance volume for Q1 2024 – Dailynewsegypt
The Financial Regulatory Authority (FRA) has released figures for non-banking finance at the close of the first quarter of 2024. The FRA’s recent report indicates a significant increase in the balances of loans provided by non-banking entities. In March 2024,
MSMEDA, EABA sign MoU to offer new marketing opportunities for Egyptian SMEs in Africa – Dailynewsegypt
Basel Rahmi, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has reaffirmed the agency’s dedication to fostering partnerships throughout Africa. This initiative is in line with the government’s vision to broaden trade and fortify economic ties with
Uptown October announces development of new mall in New 6th of October City – Dailynewsegypt
Uptown October has secured 24 land plots from the New Urban Communities Authority for a new commercial venture in the New 6th of October City. The company is set to develop 16 commercial and administrative plots, covering a total area
Egypt’s rise as global logistics hub takes centre stage at New Development Bank Seminar – Dailynewsegypt
World Bank, Chinese investors highlight Egypt's strategic importance in global trade
Egypt is Russia’s foremost trade partner in Africa: Russian Ambassador – Dailynewsegypt
The bond between Russia and Egypt is a cornerstone of international diplomacy, rooted in a shared history and cultural heritage. Celebrating Russia’s National Day, Daily News Egypt engaged in a profound dialogue with Ambassador Georgiy Borisenko. The conversation spanned
Al-Sisi meets with New Development Bank chief to discuss bilateral cooperation – Dailynewsegypt
In a significant meeting on Wednesday, Egypt’s President Abdel Fattah Al-Sisi welcomed Dilma Rousseff, President of the New Development Bank (NDB), along with her delegation. The meeting, attended by Minister of International Cooperation Rania Al-Mashat, and Minister of Finance Mohamed
UAE’s AD Ports Group to invest $4.7m in Egyptian cruise terminals – Dailynewsegypt
Cruise terminals in Safaga, Hurghada, Sharm El Sheikh expected to be operational by 2025
Contact Financial Holding Ranked Among Egypt’s Top 50 Companies for the Third Consecutive Year – Dailynewsegypt
Forbes Middle East has announced its “Top 50 Public Companies in Egypt” list for 2024, and for the third year in a row, Contact Financial Holding has been recognized among this prestigious group. This significant achievement reflects the company’s unwavering
Egypt aims to cut debt service by 30%, lower debt-to-GDP ratio to 80%: Maait – Dailynewsegypt
Egypt’s Finance Minister, Mohamed Maait, announced that the government aims to reduce the debt service bill to 30% of public expenditures in the medium term. This is part of a broader strategy to lower the country’s debt-to-GDP ratio to