Business
valU deploys Infobip’s solutions to provide customer support over WhatsApp
Customers can now get an immediate response to a variety of FAQs through valU’s various touchpoints
Central Bank of Egypt says food major driver of December 2022’s inflation of 21.3%
Annual headline urban inflation recorded an average of 13.9% in 2022 compared to 5.2% in 2021
Banking
Volume of domestic liquidity in banking sector increased to EGP 7.182 trillion by end of October 2022: CBE
ABE aims to open 4 new digital branches in cooperation with e-finance before the end of this year
Boom in SCBank’s performance indicators since Hussein Refai assumed chairpersonship 5 years ago
CBE grants ADIB-Egypt preliminary approval to launch prepaid card Takka in collaboration with ADI-Consumer Finance and Meeza
saib reports net profit of $26.5m with 87% annual growth in September 2022
QNB Alahli participates in COP27
Real Estate
People & Places awards EGP1.6bn construction contracts for its North Coast development in Ras El Hekma; THE MED
People & Places, next-generation community maker, has announced the signing of contracts with Solid and ASASS...
Reportage Properties records EGP 2.2bn in sales on its Montenapoleone project during 2022
Dolmen Developments to launch new 3,400-sqm project in NAC
Wadi Degla Developments reveals its turnaround strategy
Energy
We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister
The minister added on the sidelines his participation in COP27 that Bulgaria looks forward to activating the...
Egyptian President meets with Fortescue Future Industries over green hydrogen opportunities ahead of COP27
KarmSolar announces new minority stake round
Enppi, Petrojet acquire foreign partner’s stake for $117m
Industry
Parliament’s Industry Committee meets new Industry Minister
Minister of Trade and Industry Ahmed Samir met with members of the Parliament’s Industry Committee and...
5.85% decrease in Egypt’s manufacturing, extractives index in May 2021
AAAM, Afreximbank sign MoU to boost Africa automotive investment
Egypt expects $5.8bn of chemical industries exports in 2021: Official
Trade
Zimbabwe open for business, hopes to boost trade with Egypt: Finance Minister
Egypt and Zimbabwe share a long history dating back to the 1960s, as most Zimbabwean liberation...
AfCFTA should to be given more support at COP27: Afreximbank President at Egypt-ICF
WTO head Ngozi Okonjo-Iweala: how trade can help beat inequality
Trade Ministry presents 83 investment opportunities for local production
Egypt Automotive Summit’s 7th edition reviews national strategy to develop auto industry
We hope to solve the chip shortage crisis by 2023: Al-Mansour Automotive
Tourism
Egypt’s famed bazaar welcomes return of Chinese tourists
Chinese tourists constitute a large percentage of buyers … They would spend a lot on buying...
Saudi Arabia’s United Cars and Motorcycles team visits Museum of Egyptian Civilization
Egypt has 1356 therapeutic tourism sites nationwide: Amr Sedky
New Valley: Charming spot for health tourism in Egypt
Technology
valU deploys Infobip’s solutions to provide customer support over WhatsApp
Customers can now get an immediate response to a variety of FAQs through valU’s various touchpoints
