Egypt exporting strawberries to Canada and potatoes to Morocco for first time
Ahram Online » Business
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1w ago
Egypt is exporting potatoes to Morocco and strawberries to Canada for the first time as the country ventures into new markets for its agricultural products ..read more
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Egypt’s external debt to remain high in FY23/24 due to EGP depreciation: IMF
Ahram Online » Business
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1w ago
Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris, the Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), told Ahram Online ..read more
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Egypt central bank launches new initiative for supporting FinTech-enabled woman entrepreneurs
Ahram Online » Business
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3w ago
The Central Bank of Egypt (CBE) launched on Thursday the "Women for Women in FinTech" initiative to provide innovative solutions for women entrepreneurs across various sectors to help them expand their businesses ..read more
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EBRD, Hassan Allam, Meridiam team up for developing renewable energy projects in Egypt
Ahram Online » Business
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3w ago
The European Bank for Reconstruction and Development (EBRD), in collaboration with Meridiam and Hassan Allam Utilities (HAU), the investment and development arm of Hassan Allam Holding, announced on Thursday raising capital in the new platform HAU Energy BV established to invest in renewable energy projects in Egypt and potentially in other African countries ..read more
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Egypt banks to close for six days for Eid Al-Fitr
Ahram Online » Business
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3w ago
The Central Bank of Egypt (CBE) has announced that banks operating in Egypt will be closed from Tuesday 9 April to Sunday 14 April to celebrate Eid Al-Fitr ..read more
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TikTok bill faces uncertain fate in US Senate as legislation to regulate tech industry stalls
Ahram Online » Business
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1M ago
The young voices in the messages left for North Carolina Sen. Thom Tillis were laughing, but the words were ominous ..read more
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Egypt's bourse fluctuates as Sunday and Monday gains offset by Tuesday decline
Ahram Online » Business
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1M ago
The performance of the Egyptian Exchange (EGX) has fluctuated this week, reflecting a mix of gains and losses, with Sunday and Monday's rise offset by Tuesday's decline ..read more
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Egypt raises fuel prices for the first time in 2024
Ahram Online » Business
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1M ago
The Ministry of Petroleum announced on Friday the first fuel price increase of 2024, affecting various octanes and diesel ..read more
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Egypt approves FY2024/25 budget with targeted EGP 6.4 tln in expenditures, EGP 5.05 tln in revenues
Ahram Online » Business
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1M ago
Egypt’s cabinet has approved in its meeting on Wednesday the draft budget for the upcoming FY 2024/2025 to send to the House of Representatives by the end of March, the cabinet said in a statement ..read more
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US lawmakers see TikTok as China's tool, even as it distances itself from Beijing
Ahram Online » Business
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1M ago
If some U.S. lawmakers have their way, the United States and China could end up with something in common: TikTok might not be available in either country ..read more
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