Business

Economy

Egypt eyes issuing sustainability bonds for first time to finance Decent Life’s development projects

Egypt is considering issuing sustainability bonds in 2022 to finance the presidential Decent Life (Hayah Karima) initiative in order to reach the country’s sustainable development goals (SDGs), Minister of International Cooperation Rania Al-Mashat told UN officials.

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Egypt eyes issuing sustainability bonds for first time to finance Decent Life’s development projects

IMF’s Mohieldin discusses inflation, Egypt's economic growth during pandemic with Al-Siyassa Al-Dawliya

Global FDI flows rebound in 2021 to reach $1.6 tln with positive outlook for 2022: UNCTAD

Egypt’s exports reach all-time high of $32.1 bln in 2021

Egypt’s gross public debt inches up to EGP 4.7 tln in FY2020/21, 81% of GDP: CBE

Egypt's debt instrument market receives $970 mln in investments since early January: CBE

Egypt secured $10.2 bln in development financing in 2021

Egyptian banks' VRs under pressure if foreign assets drop: Fitch Ratings

EBRD’s green financing hit record €5.4 bln in 2021

Vaccination financing gap mounts to $23 bln, Africa below 10% of vaccine target: IMF

A sizable portion of this effort is dedicated to Africa, IMF’s Managing Director Kristalina Georgieva said on Wednesday. She ...

Submissions to receive exporters’ arrears to open on 30 January, disbursements to be released in April

The move is based on President Abdel-Fattah El-Sisi’s directives to support the export sector amid the ongoing coronavirus ...

Egyptian banks have highest liquidity rates in region: Official

Global Islamic sukuk grew by 36.1% in 2021, reaching $252.3 bln: Fitch Ratings

CBE approves conditions to grant emergency liquidity to local banks

Egypt’s monthly inflation declines to 4.5%, annual rate rises to 6.5%: CAPMAS

Egypt’s Meeza cards to replace payroll cards for 4.3 mln state employees

Egypt’s external debt declined slightly in 1Q of FY2021/22: CBE

Markets & Companies

EBRD to contribute $130 mln to Egypt's private energy sector green bond issuance, out of total $340 mln

The European Bank for Reconstruction and Development (EBRD) will dedicate a total of $130 million for green bond issuance ...

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EBRD to contribute $130 mln to Egypt's private energy sector green bond issuance, out of total $340 mln

Egypt’s startup ecosystem grows by 176% in 2021: Report

INTERVIEW: COP27 puts spotlight on Egypt as nations commit to tame climate, economic, social risks

E-commerce ExpandCart platform secures $2.7 mln in Pre-Series round

Egypt’s fintech provider Fawry to list its shares in US stock market

Japanese companies view Egypt as a business destination: Japanese ambassador

INTERVIEW: Careem eyes raising investments in Egypt to $11 mln in 2022: General Manager

IsDB, APICORP ink $1 bln agreement to boost infrastructure in member countries including Egypt

Egypt’s state-owned MNHD concludes first issuance under securitisation programme worth EGP 3 bln

Egypt’s plasticware exports jumped by 43% in 2021: Trade minister

Trading in Egyptian bourse hit record of over EGP 1 tln in 2021

Air Supply to invest EGP 250 mln in Egypt's KIMA for industrial gas production: Statement

Egypt’s PMI non-oil private sector index inches up in December, closer to 2011 level

Apple becomes 1st US company to reach $3 tln valuation

E-commerce in Egypt projected to rise by 30% by end of 2022: Report

Egypt plans to list shares of Siemens power plants on stock exchange: Cabinet

Egypt’s trade exchange with South Korea up 46.9% in first ten months of 2021 to $1.8 bln

Energy

Egypt signs two $506 million oil-exploration deals with Canada’s TransGlobe, Pharos Energy

The Ministry of Petroleum and Mineral Resources announced on Thursday that it signed two oil exploration deals in the Western and Eastern Deserts worth at least $506 million in total with Canada’s TransGlobe Energy Corporation and Pharos Energy.

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Egypt signs two $506 million oil-exploration deals with Canada’s TransGlobe, Pharos Energy

Egypt to sign MoU with foreign consultancy to explore opportunities for green hydrogen production: Electricity minister

OPEC expected to maintain course to modestly open taps

Egypt awards eight oil and exploration blocks to BP, Eni, and others after first digital oil auction

Lebanon to start pipeline renovation to import Egyptian gas

Apache to invest $3.5 bln for exploration works in Egypt's Western Desert: Petroleum Ministry

In Photos: Egypt aims to join ranks of developed states in electric power and renewable energy production: Sisi

2021 Yearender: Climate crisis puts oil in the crosshairs, but dependence persists

Egypt, Italy's Eni sign $1 billion agreement for oil exploration in Gulf of Suez and Nile Delta

Oil prices sink 5% on Omicron demand fears

Egypt is key LNG supplier to Turkey in 2021: S&P

ExxonMobil, Qatar sign Cyprus gas deal despite Turkey opposition

Al-Ahram to launch 5th edition of annual energy conference on 20 December

Egypt raises prices of butane gas cylinders for first time in 2 years

OPEC+ meets Thursday under pressure from Biden and Omicron

Egypt, Greece sign MOU to foster natural gas cooperation

Egypt, Israel sign MOU to increase gas supplies

Tech

China pursues tech 'self-reliance,' fueling global unease

To help make China a self-reliant ``technology superpower,'' the ruling Communist Party is pushing the world's biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips-a business unlike anything Alibaba Group has done before.

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