Egypt

EGYPTAIR takes delivery of Africa’s first Airbus A321neo

Making the airline the first African operator of the aircraft.

For the first time. Egypt issues $1.5 bln sovereign sukuk

Egypt aims to raise $5 billion in sukuk issuances within 6 months

Economic factors may test Egypt’s real estate market in 2023

Optimism prevails nevertheless for long-term outlook

Egypt intends to sell shares in 32 public firms by 2024

Amid country's plans to reduce government's economic footprint

Egypt’s sovereign rating lowered by one notch to B3

Due to country's diminished external buffers, shock absorption ability

MNT-Halan secures USD400 mn in largest funding in MENA

USD200 million in equity came from Chimera Abu Dhabi

Egypt reveals major finds dating back to fifth, sixth dynasties

Oldest gold-wrapped non-royal mummy among discoveries

Telecom Egypt positions country on global map via submarine cables

Company invested $500 million to develop international infrastructure

Will the CBE spring a new surprise at the MPC conclave?

Date aligns with that of the US Federal Reserve

Egypt coming to grips with plastics

Start-up TileGreen turns plastic waste into eco-friendly tiles

Egypt construction poised for growth in 2023

Project activity holds steady even amid macroeconomic challenges

TSFE, Etisalat Egypt launch Erada Microfinance

New company aims to provide financial services to micro, small enterprises

Italy’s Eni has found more natural gas off Egypt

Nargis-1 well located in offshore concession

Egypt orders ministries to cut spending

Due to a foreign currency shortage

IMF does not see inflation in Egypt waning before 2024

Inflation rates jumped to 24.4% at end December

Egypt calls for new oil&gas exploration tenders

لإhe tender, the third of its kind, was set for 12 blocks

Sisi: Egyptian banks will cover all dollar needs for goods’ release

The Egyptian Central Bank monitors illegal dollar practices