Economy Top StoriesEgypt to source wheat from India due to Russia-Ukraine warGBO CorrespondentMarch 30, 2022March 30, 2022 GBO CorrespondentMarch 30, 2022March 30, 2022 Wheat is a politically sensitive subject in Egypt, capable of toppling a...
Economy Top StoriesEgypt financial minister targeting 5.7% growth in 2022-23GBO CorrespondentJanuary 11, 2022 GBO CorrespondentJanuary 11, 2022 Mohamed Maait said that this target would surpass the country’s pre-pandemic growth...
Oil and Gas Top StoriesEgypt to launch natural gas-powered buses in 2022GBO CorrespondentDecember 6, 2021 GBO CorrespondentDecember 6, 2021 Production of the bus fleets is expected to begin in mid-2022...
Fintech Top StoriesCairo-based fintech company Hollydesk raises $325k to expand its businessGBO CorrespondentNovember 24, 2021 GBO CorrespondentNovember 24, 2021 The funding round was led by Faisal Abdel Salam...
Real Estate Top StoriesPalm Hills plans to invest $242 mn by 2022GBO CorrespondentNovember 22, 2021 GBO CorrespondentNovember 22, 2021 Real estate prices in Egypt is expected to increase by 10-12% in...
Economy Top StoriesEgypt’s healthcare sector receives $1.5 bn boost to fight Covid-19GBO CorrespondentOctober 21, 2021 GBO CorrespondentOctober 21, 2021 Finance minister Mohamed Maait said that the government aims to achieve the...
Banking and Finance Top StoriesThe Central Bank of Egypt approves licenses for mobile contactless paymentGBO CorrespondentSeptember 29, 2021 GBO CorrespondentSeptember 29, 2021 The new service is a part of the government’s strategy to support...
Technology Top StoriesChinese ride hailing giant DiDi officially launches in EgyptGBO CorrespondentSeptember 21, 2021 GBO CorrespondentSeptember 21, 2021 The company will operate Wasalny+ services that will directly compete with Uber...
Fintech Top StoriesEgyptian fintech MNT-Halan receives funding of $120 mn to drive further innovationGBO CorrespondentSeptember 9, 2021 GBO CorrespondentSeptember 9, 2021 The funding round was attended by investors like Apis Growth Fund II,...
Economy Top StoriesEgypt to launch a digital tax collection platform in SeptemberGBO CorrespondentSeptember 3, 2021 GBO CorrespondentSeptember 3, 2021 The latest tax collection platform will collect and document taxes of all...