Browsing: Egypt
Cashew aims to grow into the rapidly expanding ‘buy now, pay later’ (BNPL) sector, with Egypt as a top potential market.
AD Ports Group has signed an agreement with the Egyptian Group for Multipurpose Terminals to develop Egyptian ports.
n a move that highlights international confidence in Egypt’s ongoing recovery from its currency crisis, the impact of Covid-19 and the difficulties caused by the Ukraine conflict, international rating agency Fitch has assigned the Egyptian economy a rating of B+.
Zenda was launched last year and allows families to pay school fees with pay-now and pay-later payment schemes.
Saudi Arabia’s Cabinet has approved an agreement signed with the Egyptian government regarding investments to be made by the Kingdom’s Public Investments Fund (PIF) in Egypt.
Egypt’s GOEIC has announced the halting of imports by firms whose certificates and registrations have expired.
The proposed rail link would potentially bolster trade and foster economic development.
The move comes as a continuation of ongoing investments made by Gulf states in the Egyptian economy as it suffers from the impact of the Ukraine war.
n a move signaling an improvement in the relationship between the two countries, Qatar will invest USD 5 billion in Egypt, according to government sources.
of USD 491 million, according to Magnitt’s 2021 Egypt Venture Capital Report.