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China’s Gezhouba signs USD 287.5 mn contract to build solar plants in Egypt
Chinese state-owned construction and engineering company China Gezhouba has secured a USD 287.5 mn contract to build an undisclosed number…
What impact would a central bank cryptocurrency have on our global banking system?
What impact would a central bank cryptocurrency have on our global banking system? China’s upcoming issuance of a central bank-backed…
Phosphate Misr inks USD 842 mn agreement with China’s CSCEC, Wengfu
Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China’s Wengfu Group…
EEHC reviews Attaqa pumped-storage plant contract
The Egyptian Electricity Holding Company (EEHC) is reviewing the draft contract submitted two weeks ago by China’s Sinohydro to inaugurate…
Interest in the wine market goes up as interest rates go down
Is wine the next safe haven asset? Investors are starting to regain their finer tastes by investing in wine as…
Egypt’s pound rallies to near three-year high, breaking EGP 16 / USD 1 barrier
EGP rallies to near three-year high: The EGP rose to its highest level since February 2017 against the USD, breaking…
New Zealand agrees to begin exporting Egyptian oranges
New Zealand has agreed to begin importing Egyptian oranges after two years of negotiations with the Agricultural Quarantine Authority, according…
Egypt in the News on 12 December 2019
Egypt is tied with Saudi Arabia for having the world’s third-highest number of jailed journalists, according to the Committee to…
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