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Egypt obtains EGP 200 mn SME grant from Saudi Arabia
KSA to give EGP 200 mn grant to five Egyptian MSMEs: Saudi Arabia will provide EGP 200 mn to finance…
Careem to roll out delivery and e-wallet application Super App by end of month
Uber subsidiary Careem has launched a new app, Super App, consolidating its ride-hailing services for cars and bikes along with…
Egypt will resume exporting poultry for the first time in 14 years
Egypt will resume poultry exports for the first time in 14 years after being added to a World Organization for…
Breakdown in GERD talks as Egypt cites lack of “political will” from Ethiopia; Addis Ababa again raises spectre of war
GERD talks appear to be headed for breakdown as Egypt cites lack of “political will” from Ethiopia; Addis Ababa again…
Smart Paper Co invests EGP 1 bn in food processing complex in Beheira
Smart Paper Co is investing over EGP 1 bn in a food processing complex in Beheira, which will mark the…
State grain buyer GASC has purchased 120k tonnes of Russian wheat
State grain buyer GASC purchased yesterday 120k tonnes of Russian wheat, according to Reuters. The shipment will bring Egypt’s total…
Egypt’s sovereign fund in talks for fresh agreements in fintech, financial inclusion
Sovereign fund in talks with investors in fintech, financial inclusion: The Sovereign Fund of Egypt (SFE) is in talks with…
Domty to invest EGP 75 mn to add two new production lines this year
Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end…
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