| Egypt >> 5/18/2024 - Egypt's Minister of Communications and Information Technology (MCIT), Amr Talaat, highlighted the role of Egypt's Digital Creativity Centers in empowering entrepreneurs to acquire technical, economic,... |
| Egypt >> 5/18/2024 - Prime Minister, Mostafa Madbouly, announced that the entrepreneurship sector in Egypt has attracted investments exceeding $2 billion over the past four years. Emphasizing Egypt’s commitment... |
| Egypt >> 5/18/2024 - Prime Minister Mostafa Madbouly on Saturday 18/05/2024 toured the Kom Abu Radi and Bayad Al-Arab industrial zones in Beni Suef. Following this, he visited the Technology Village to engage ... |
| Egypt >> 5/18/2024 - Prime Minister Mostafa Madbouli said that the state is working on promoting the local industry as well as localization of various industries, in line with the underway economic reform measures carried... |
| Egypt >> 5/14/2024 - Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) Rania al Mashat, has been chosen for the first time ever as vice-chair of the... |
| Egypt >> 5/14/2024 - Minister of State for Military Production Mohamed Salah El Dien Mostafa asserted the importance of attracting fresh investments for the benefit of entering into partnerships in various domains, whethe... |
| Egypt >> 5/14/2024 - About 11,000 tons of goods were handled at the different Red Sea harbors, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said the imports included 3,000 tons of goods, 28... |
| Egypt >> 5/13/2024 - Today, the private sector is no longer just an engine of growth, but a critical partner in achieving SDGs. Forward-thinking economies are recognizing the power of innovation to tackle challenges, and ... |
| Egypt >> 5/13/2024 - Egypt will host the Joint Annual Meetings of Arab Financial Institutions set to take place in the New Administrative Capital on May 22. The decision reflects Egypt's commitment to supporti... |
| Egypt >> 5/13/2024 - Hivos, an international cooperation organization, is set to host the highly-anticipated Green Growth Summit in Cairo on 14 May following the success of its recent summit in Tunisia. The sum... |
| Egypt >> 5/12/2024 - Prime Minister Mostafa Madbouli has underscored efforts exerted by Egypt to radically solve problems and overcome consequences of reform measures. Addressing the International Finance Corpo... |
| Egypt >> 5/12/2024 - Minister of International Cooperation Rania Al-Mashat affirmed that the relationship with the International Finance Corporation (IFC) has facilitated approximately $9 billion in financing and investme... |
| Egypt >> 5/12/2024 - Prime Minister Mostafa Madbouli convened a meeting that brought together several investors from the tourism sector, to deliberate on crafting a national vision aimed at enhancing inbound tourism to Eg... |
| Egypt >> 5/12/2024 - Banque du Caire and the International Finance Corporation (IFC), a member of the World Bank Group, signed a financing agreement worth $100 million. The agreement includes $50 million to sup... |
| Egypt >> 5/12/2024 - Prime Minister Mostafa Madbouli said that the Egyptian government has a real desire to accelerate extending the participation of the private sector in the economy. The premier made the rema... |
| Egypt >> 5/8/2024 - Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said Egypt is ready to share its extensive urban development experience with the Sultanate of Oman, and promote joint fruitful coo... |
| Egypt >> 5/8/2024 - On the occasion of EgyptAir's 92nd anniversary, the national carrier of Egypt has announced that it will offer its valued customers a 50 per cent discount on all international flights. The ... |
| Egypt >> 5/8/2024 - Egyptian Minister of International Cooperation, Dr. Rania Al-Mashat, held a bilateral discussion session with Ambassador Peter Mollema, the Dutch Ambassador to Cairo, to discuss joint work files and f... |
| Egypt >> 5/7/2024 - Despite economic challenges, Egypt is exerting strenuous efforts for hosting nearly nine million foreigners and over 570,000 asylum seekers from 133 countries, Wael Badawi, Deputy Assistant Minister o... |
| Egypt >> 5/7/2024 - The dollar exchange rate was stable at the start of transactions at Egypt's major banks. At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the do... |
| Egypt >> 5/7/2024 - Revenues from Egypt’s tourism sector and Suez Canal in the current FY2023/2024, which ends on 30 June, and the upcoming FY2024/2025 could shrink by up to $13.7 billion the United Nations Development P... |
| Egypt >> 5/7/2024 - The 32nd session of the Egyptian-Jordanian Joint Higher Committee kicked off in Cairo, the Ministry of International Cooperation announced. The committee, which runs through, is a the key m... |
| Egypt >> 5/6/2024 - Some hope that Egypt’s Stock Exchange (EGX) will regain in May the heavy losses incurred in April in response to the geopolitical tensions in the region along with other local developments. ... |
| Egypt >> 5/2/2024 - The General Authority for Investment and Free Zones of Egypt (GAFI) and the British Foreign Ministry have signed a memorandum of understanding (MoU) to strengthen investment and trade relations betwee... |
| Egypt >> 5/2/2024 - Egypt is setting a benchmark in the region with the development of its first integrated waste management city in the Middle East, located in the 10th of Ramadan City. This pioneering projec... |
| Egypt >> 5/2/2024 - The US Federal Reserve held interest rates steady for a sixth straight meeting, keeping the level at a 23-year high to fight stubborn price increases. After a two-day gathering, the centra... |
| Egypt >> 5/1/2024 - The cabinet under Prime Minister Moustafa Madbouli approved a number of draft presidential decrees introducing amendments to several agreements with the US and the European Union. Among tho... |
| Egypt >> 5/1/2024 - The Cabinet started its weekly meeting under Prime Minister Mostafa Madbouli at the government headquarters in the New Administrative Capital (NAC) to discuss a number of political, economic and socia... |
| Egypt >> 5/1/2024 - Prime Minister Moustafa Madbouli witnessed a ceremony for inking two land hand-over minutes to implement two projects of establishing stations for generating electricity from wind energy in the west o... |
| Egypt >> 5/1/2024 - Egypt has decided to apply the capital gains tax on shares and stakes listed in the Egyptian Stock Exchange (EGX) starting from the tax season of March/April 2025, through the Egyptian Clearing Compan... |
| Egypt >> 4/29/2024 - During the special meeting of the World Economic Forum (WEF) held in the Saudi capital, Riyadh, Minister of International Cooperation, Rania Al-Mashat, emphasized the significance of investing in huma... |
| Egypt >> 4/29/2024 - The Decent Life Initiative, targeting to develop the Egyptian countryside, took part in donating humanitarian aid to Gaza Strip enduring Israeli shelling since October by sending 503 trucks to the enc... |
| Egypt >> 4/29/2024 - The Micro, Small and Medium Enterprises Development Agency (MSMEDA), signed a contract to provide financial support to micro-projects with AlKhair Microfinance Company, with a total value of EGP 30 mi... |
| Egypt >> 4/29/2024 - Chairman for the General Authority of Suez Canal Economic Zone (SCZONE) Walid Gamaleddin Monday discussed with a delegation from the Indonesian Ministry of Trade and Industry ways of joint cooperation... |
| Egypt >> 4/29/2024 - Minister of Finance Mohamed Maait hailed the developmental role of Japanese investments in Egypt. Egypt looks forward to deepening economic and trade cooperation with Japan to achieve susta... |
| Egypt >> 4/28/2024 - Egypt’s budget plan for the upcoming FY2024/2025 comes in line with the government commitments to the International Monetary Fund (IMF) under the fund’s loan programme for the country. The ... |
| Egypt >> 4/28/2024 - The Sustainable Banking and Finance Network (SBFN) - an initiative of the International Finance Corporation (IFC) - has upgraded Egypt's classification from "Developing-Advancing" to "Advancing" in it... |
| Egypt >> 4/23/2024 - The Central Bank of Egypt (CBE) is expected to cut the key interest rates in May by two percent (200 bps), based on its view of inflation decreasing to 20 percent by the end of 2024, the US-based inve... |
| Egypt >> 4/17/2024 - Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris, the Deputy Director of the Fiscal Affairs Department at the In... |
| Egypt >> 4/17/2024 - Major stock markets in Asia and Europe mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon. O... |
| Egypt >> 4/17/2024 - Egypt’s Al-Mashat addresses WBG, urges enhanced collaboration, balancing development priorities. Egypt’s Minister of International Cooperation Rania Al-Mashat, delivered a speech as the Gov... |
| Egypt >> 4/17/2024 - Egypt’s government plans to complete the privatization of the state-owned companies within a period of 3 to 5 years, Minister of Finance Mohamed Maait stated to Asharq News. Maait made his ... |
| Egypt >> 4/15/2024 - The Central Bank of Egypt (CBE) has raised the daily cash withdrawal limit in Egyptian pounds for corporations and individuals from banks to EGP 250,000, up from EGP 150,000. The CBE also i... |
| Egypt >> 4/14/2024 - Finance Minister Mohamed Maait said there is an international praise for the success of the Egyptian economy in achieving indicators over the past nine months better than what was targeted despite the... |
| Egypt >> 4/14/2024 - Ministry of Planning and Economic Development has issued a report on government performance improvement project pursued in cooperation between the ministry and the Administrative Prosecution Authority... |
| Egypt >> 4/13/2024 - Finance Minister Mohamed Maait said that the state will give a top priority for increasing financial allocations for human development throughout the upcoming six coming years, as of the new fiscal ye... |
| Egypt >> 4/13/2024 - Minister of Finance Mohamed Maait said Egypt released imported goods worth $ 8 billion between March and April 2024. In a statement released on Friday, the minister said there is "permanent... |
| Egypt >> 4/13/2024 - The EU pledged, Friday to provide Egypt with €1 billion in short-term financial aid to help stabilize the country's economy. The 1 billion euros in short-term aid is part of a bigger packag... |
| Egypt >> 4/7/2024 - Canon Central and North Africa recently announced its partnership with KidZania Cairo to establish a Canon Photography Studio at KidZania in Cairo, Egypt to offer children aged 8-14 a unique experienc... |
| Egypt >> 4/4/2024 - Minister of Finance Mohamed Maait said state is taking integrated paths to improve and strengthen Egypt’s economic situation. In a statement issued today, Maait said such improvements const... |
| Egypt >> 4/3/2024 - Egypt’s Net International Reserves reached $40.36 billion at the end of March 2024, the highest since February 2022, according to data released by the Central Bank of Egypt. The increase is... |
| Egypt >> 4/3/2024 - Wall Street shifted between small gains and losses in premarket trading, a day after anxiety over the potential for fewer interest rate cuts dragged markets to their worst day in weeks. Dow... |
| Egypt >> 4/3/2024 - Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), said the SCZONE seeks to encourage investors to manufacture products depending on green fuel. ... |
| Egypt >> 4/3/2024 - Wall Street shifted between small gains and losses in premarket trading, a day after anxiety over the potential for fewer interest rate cuts dragged markets to their worst day in weeks. Dow... |
| Egypt >> 4/3/2024 - Alex Segura-Ubiergo, the IMF's Resident Representative in Egypt, lauded serious reforms introduced by the Egyptian government to enhance financial stability and the investment climate. At a... |
| Egypt >> 4/2/2024 - Experts say that Egyptian exports now have an opportunity to grow and compete globally due to the depreciation of the pound against the dollar. In March, the Egyptian pound dropped against ... |
| Egypt >> 3/27/2024 - Cabinet's Information and Decision Support Center (IDSC) said that the volume of the exports of non-petroleum goods during the last quarter of 2023 reached 8.7 billion dollar in comparison to 8.6 bill... |
| Egypt >> 3/27/2024 - Prime Minister Moustafa Madbouli attended the inking ceremony of a framework agreement between the Suez Canal Economic Zone (SCZONE) and Saint-Gobain Glass Egypt to establish a flat glass production p... |
| Egypt >> 3/27/2024 - Prime Minister Moustafa Madbouli witnessed the inking of a contract for allocating a plot of land for establishing a factory for designing, manufacturing, and setting up silos in the East Port Said zo... |
| Egypt >> 3/27/2024 - The Cabinet started its weekly meeting under Prime Minister Moustafa Madbouli at the government's premises in the New Administrative Capital (NAC) to probe a number of political, economic and social f... |
| Egypt >> 3/27/2024 - Egypt’s cabinet has approved in its meeting the draft budget for the upcoming FY 2024/2025 to send to the House of Representatives by the end of March, the cabinet said in a statement. Duri... |
| Egypt >> 3/27/2024 - The Ministry of International Cooperation revealed highlights of 2023’s development cooperation programmes under the umbrella of the strategic partnership framework between Egypt and the United Nation... |
| Egypt >> 3/24/2024 - Prime Minister Moustafa Madbouli has stressed that the State is keen on taking intensive actions on the dues of foreign petroleum companies working in Egypt through implementing a mechanism for repayi... |
| Egypt >> 3/23/2024 - Finance Minister Mohamed Maiet has issued directives to the president of the Universal Health Insurance Authority (UHIA) to work continuously with international development partners to develop Egypt’s... |
| Egypt >> 3/23/2024 - Micro, Small and Medium Enterprises Development Agency (MSMEDA) CEO Basel Rahmy has asserted keenness of the agency on supporting female owners of small and micro-sized projects nationwide alongside p... |
| Egypt >> 3/23/2024 - Egyptian Ambassador in Baghdad Ahmed Samir discussed with Iraqi Transport Minister Razzaq Al Saadawi promoting bilateral cooperation in the transport sector. During the meeting, the Egyptia... |
| Egypt >> 3/20/2024 - The General Authority for the Suez Canal Economic Zone (SCZone) announced, in its statement that it had signed a contract to establish a vocational training center in cooperation with the Chinese gov... |
| Egypt >> 3/20/2024 - Prime Minister Mostafa Madbouly has followed up on measures to manage and operate Egypt International City for Olympic Games in the New Administrative Capital. This came during a meeting Ma... |
| Egypt >> 3/20/2024 - Transport Minister Kamel Wazir underlined the importance of underway projects being implemented in collaboration with Spain. Wazir made the remarks during a meeting with Spanish Ambassador ... |
| Egypt >> 3/20/2024 - Minister of Water Resources and Irrigation Hani Sewilam discussed during a meeting with ministry staffers work progress regarding a feasibility study on improving water resources management on Ibrahim... |
| Egypt >> 3/20/2024 - The Central Bank of Egypt (CBE) decided to cancel the scheduled meeting of the Monetary Policy Committee in light of the sufficiency of the special meeting of the Committee. In an unschedul... |
| Egypt >> 3/20/2024 - French construction materials group Saint-Gobain laid the foundation for its third glass factory within Egypt’s Al-Ain Al-Sokhna Industrial Zone, northwest of the Gulf of Suez. The company... |
| Egypt >> 3/19/2024 - Dr. Amr Talaat, Minister of Communications and Information Technology, witnessed the signing of a commercial agreement between Telecom Egypt, the first integrated telecommunications operator in Egypt ... |
| Egypt >> 3/19/2024 - Egypt has allocated LE 23 billion to support exports and encourage investors to expand their export activities, Minister of Finance, Mohamed Maait, announced on during an open dialogue with press and ... |
| Egypt >> 3/17/2024 - The European Union pledged a €7.4 billion ($8.1 billion) aid and investment package for Egypt, European Commission President Ursula von der Leyen announced on Sunday during the signing ceremony in Cai... |
| Egypt >> 3/16/2024 - Chief Executive Officer of Mico, Small and Medium Enterprises Development Agency (MSMEDA) Basil Rahmi said his agency attaches great importance to medium, small and micro enterprises of Egyptian women... |
| Egypt >> 3/16/2024 - Egypt's Ambassador to Thailand Hala Youssef discussed with Nalinee Taveesin, the Advisor to the Prime Minister and Thailand Trade Representative, prospects of boosting joint economic, trade and invest... |
| Egypt >> 3/16/2024 - Egypt’s production index for transformative and extractive industries, excluding crude oil and petroleum products, recorded 97.62 in December 2023 against 96.47 a month earlier with an increase of 1.1... |
| Egypt >> 3/16/2024 - Egypt’s Kom Ombo Solar Project has won recognition as "Energy Transition Deal of the Year" at the latest IJGlobal Awards, held in London in March. The 200 MW plant, Egypt’s largest private ... |
| Egypt >> 3/16/2024 - Finance Minister Mohamed Maait asserted 25,000 cars were released from the customs department for nationals abroad as part of an initiative for facilitating the importation of vehicles. Maa... |
| Egypt >> 3/16/2024 - Health Minister Khaled Abdel Ghaffar has conferred with Board Chairman of the Egyptian Federation of Investors Associations (EFIA) Moharam Helal and his accompanying delegation on means to boost coope... |
| Egypt >> 3/13/2024 - Finance Minister Mohamed Maait said goods at a total value of dlrs 1.7 billion were cleared in various ports over the first 10 days of March in line with presidential directives to swiftly release goo... |
| Egypt >> 3/13/2024 - Prime Minister Mostafa Madbouli has underscored the importance of the role played by the Supreme Council of Digital Society, which has recently been reconstituted, in achieving a set of goals includin... |
| Egypt >> 3/13/2024 - The Cabinet started its weekly meeting under Prime Minister Mostafa Madbouly at the government headquarters in the New Administrative Capital (NAC) to discuss a number of political, economic, social f... |
| Egypt >> 3/13/2024 - The International Monetary Fund officially launched the selection process to find the organization next leader with current managing director Kristalina Georgieva widely tipped for a second five-year ... |
| Egypt >> 3/12/2024 - Merchandise exports rose in January and February by six percent to over $6.1 billion, up from the $5.8 billion recorded in the same months of 2023, Minister of Trade and Industry Ahmed Samir said. ... |
| Egypt >> 3/10/2024 - Minister of Finance Mohammed Maait announced that there are no intentions to issue bonds in the international markets until the end of the current fiscal year. During a press conference hel... |
| Egypt >> 3/10/2024 - Prime Minister Moustafa Madbouli Sunday took a tour of the residential neighborhood project in Zaytuna area, which is carried out as a part of the underway development project of the "Great Transfigur... |
| Egypt >> 3/10/2024 - Dr. Mostafa Madbouly, Prime Minister, began this morning, an inspection tour in the city of St. Catherine in South Sinai Governorate to follow the final stages of development projects in the site of t... |
| Egypt >> 3/10/2024 - Head of Egypt’s Banks Federation Mohamed El-Etreby urged caution amid an influx of hard currency into Egypt in the form of hot money following the flotation of the Egyptian pound and an increase in in... |
| Egypt >> 3/9/2024 - Finance Minister Mohamed Maait asserted that the state in the era of President Abdel Fattah El Sisi pays special attention to the working mothers and breadwinner mothers at the family and social level... |
| Egypt >> 3/9/2024 - Egypt won the 2024 best bond deal in Africa for issuing sustainable Panda bonds worth ¥3.5 billion ($478.7 million). The announcement came at the 2024 Bonds, Loans & ESG Capital Markets Afr... |
| Egypt >> 3/9/2024 - Minister of Communications and Information Technology Amr Talaat said high technology sector succeeded in attracting leading international companies in various communications and information technolog... |
| Egypt >> 3/7/2024 - The National Bank of Egypt (NBE) maintained the dollar's purchasing and selling price at EGP 49.5, consistent with rates. Banque Misr recorded a purchasing rate of EGP 49.5 and a selling ra... |
| Egypt >> 3/6/2024 - Minister of Water Resources and Irrigation Hani Sweilem discussed during a meeting with Italian ambassador to Egypt Michele Quaroni and his accompanying delegation bilateral cooperation in the water t... |
| Egypt >> 3/6/2024 - Minister of Higher Education and Scientific Research and Chairman of the Egyptian National Commission for UNESCO Ayman Ashour, received a delegation from the World Design Studio team (WDS), in the pre... |
| Egypt >> 3/6/2024 - Minister of Tourism and Antiquities Ahmed Issa, continued his professional meetings, holding several meetings with the heads of tourism associations in Germany, including the DRV, BDF, and BTW. |
| Egypt >> 3/6/2024 - Egypt and the International Monetary Fund (IMF) have signed an agreement to extend a current $3 billion loan deal to $8 billion, Prime Minister Mustafa Madbouli told a press conference in Cairo. |
| Egypt >> 3/6/2024 - The Cabinet started its weekly meeting under Prime Minister Mostafa Madbouli, at the government headquarters in the New Administrative Capital to discuss a number of political, economic and social fil... |
| Egypt >> 3/6/2024 - State Minister for Military Production Mohamed Salah Eldin discussed with Kenyan Defense Minister Aden Bare Duale boosting bilateral cooperation at the Military Production Ministry's headquarters in t... |
