Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments
The Egyptian market is awaiting banks’ return to business, Sunday, following the weekend break, to assess the impact of the Central Bank of Egypt’s (CBE) decision last Thursday to cut interest rates by 1% on returns from savings products and
India’s Taj brand enters Egypt to operate Cairo’s historic Continental Hotel
India’s Taj Hotels will enter the Egyptian market for the first time to manage and operate Cairo’s historic Continental Hotel under an agreement signed on Sunday, marking a strategic step to revive the 19th-century landmark. The contract was signed at
MADKOUR Developments enters Egyptian market with first project in New Capital
Building on the extensive experience of MADKOUR Holding in delivering national infrastructure projects, MADKOUR Developments has officially entered Egypt’s real estate market with the launch of its first project in the New Administrative Capital, aligning with the state’s broader urban
European canned peaches enter Egyptian market at Cairo B2B industry event
European canned peaches were formally introduced to the Egyptian market during a business-to-business industry event held in Cairo on Tuesday, bringing together representatives from the hospitality sector, food importers, and distributors. The event was organised as part of the PeachTheGreatMENA
GAFI, Qatar Chamber discuss investment opportunities in Egyptian market
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Ghada Nour, Assistant Minister for Investment and Foreign Trade, met with Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber of Commerce and Industry, and
Silver prices to rise amid increasing industrial demand: Safe Haven Hub
Silver prices in local markets increased by 2.4% during the past week’s trading, while the ounce price on the global market rose by 1.1%, as markets awaited the US Federal Reserve’s decision to determine the fate of interest rates in
El-Khatib discusses Procter & Gamble’s projects, investment plans in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met on Tuesday with Karim Yassin, Executive Vice President and General Manager of Procter & Gamble—Egypt. Both parties reviewed the company’s current projects and investment plans in the Egyptian market and discussed
Swiss Barry Callebaut to establish $30m factory in Egypt
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), met with a delegation from the Swiss company Barry Callebaut, led by Vamsi Mohan, Regional Head for Asia, Africa, and the Middle East, to discuss the