Egypt to launch natural gas-powered buses in 2022
Production of the bus fleets is expected to begin in mid-2022...
Egypt
Cairo-based fintech company Hollydesk raises $325k to expand its business
The funding round was led by Faisal Abdel Salam...
Palm Hills plans to invest $242 mn by 2022
Real estate prices in Egypt is expected to increase by 10-12% in...
Egypt’s healthcare sector receives $1.5 bn boost to fight Covid-19
Finance minister Mohamed Maait said that the government aims to achieve the...
The Central Bank of Egypt approves licenses for mobile contactless payment
The new service is a part of the government’s strategy to support...
Chinese ride hailing giant DiDi officially launches in Egypt
The company will operate Wasalny+ services that will directly compete with Uber...
Egyptian fintech MNT-Halan receives funding of $120 mn to drive further innovation
The funding round was attended by investors like Apis Growth Fund II,...
Egypt to launch a digital tax collection platform in September
The latest tax collection platform will collect and document taxes of all...
Egypt’s external debt rises up to $134.8 bn in March 2021
Data showed that Egypt’s short-term debt also increased, standing at $13.2 bn...
Egypt’s domestic liquidity is currently valued at $213.9 bn
The official data showed an increase in liquidity growth at 1.9% per...