| EG >> 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... |
| EG >> 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... |
| EG >> 2/1/2024 - The global economy is expected to grow by 3.1 percent in 2024 and edge slightly higher to 3.2 percent in 2025, with projections indicating a moderate growth trajectory and a gradual easing of inflatio... |
| EG >> 1/15/2024 - The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian ... |
| EG >> 1/10/2024 - Prime Minister Moustafa Madbouli attended the inking of a usufruct agreement between the New and Renewable Energy Authority (NREA) and a consortium led by ACWA Power to produce 1.1 GW of wind energy f... |
| EG >> 1/9/2024 - The World Bank downgraded its forecasts for Egypt’s real GDP growth for 2024 to 3.5 percent from 3.7 percent in a previous estimate, according to the Global Economic Prospects report released . |
| EG >> 12/4/2023 - The Egyptian government is currently reviewing partnership offers worth EGP 8 billion ($258 million) from investors in the real estate sector, Mahmoud Esmat, Minister of Public Business Sector, said.<... |
| EG >> 12/3/2023 - The Egyptian government is currently reviewing partnership offers worth EGP 8 billion ($258 million) from investors in the real estate sector, Mahmoud Esmat, Minister of Public Business Sector, said.<... |
| EG >> 12/3/2023 - The Suez Canal Economic Zone (SCZONE),, signed a memorandum of Understanding (MoU) with the Norwegian company Scatec ASA on ship bunkering with green fuel in Eastport Said, with an investment cost of ... |
| EG >> 11/22/2023 - Egypt's Minister of Trade and Industry Ahmed Samir opened the first Gulf-Egyptian Business Forum at the Federation of Egyptian Chambers of Commerce (FEDCOC) in Cairo. The two-day event is b... |
| EG >> 11/21/2023 - The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within the next six months, Mazen Batterjee, Chairman of the group, s... |
| EG >> 11/20/2023 - The Saudi Al-Lami Holding Group unveiled its plans to make a substantial investment of $500 million in Egypt over the next two years, targeting the flourishing tourism and real estate sectors, Mohamed... |
| EG >> 11/8/2023 - Egypt is projecting revenues of up to LE 70 billion from the government’s initial public offering (IPO) program, equivalent to 0.6 percent of the gross domestic product (GDP), in the current fiscal ye... |
| AE >> 9/18/2023 - Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and withing the framework of his keenness to champion sustainability as a key pillar of the UAE’s economic and social... |
| AE >> 8/23/2023 - AD Ports Group has completed a number of initiatives under "The Abu Dhabi Programme for Effortless Customer Experience," a pioneering new model that enables effortless customer experiences across Abu ... |
| EG >> 8/21/2023 - Egypt is set to represent Africa at the eighth annual meetings of the Asian Infrastructure Investment Bank (AIIB), which will convene in Africa for the first time on 25-26 September in Sharm El-Sheikh... |
| AE >> 8/16/2023 - The African Development Bank Group (AfDB) has awarded grant funding totalling $84.3 million to Ethiopia to advance wheat production and increase farmers’ incomes. Ethiopia’s Finance Ministe... |
| EG >> 8/2/2023 - Egypt’s Prime Minister Moustafa Madbouli said that Egypt adopted a series of important measures that enabled it to occupy a competitive place in the green hydrogen sector, thanks to the political lead... |
| EG >> 7/17/2023 - Prime Minister Moustafa Madbouli hailed the fruitful cooperation between the Electricity and Renewable Energy Ministry and ACWA Power Saudi company in several spheres, especially a 10 gigawatt wind po... |
| EG >> 7/9/2023 - The Suez Canal Economic Zone (SCZONE), said Dr. Ibrahim Abdel-Khalek, Vice chairman of (SCZONE) for Investment and Promotion Affairs, and Mr. Ahmed Saad, SCZONE’s CEO, received a business delegation f... |
| EG >> 7/5/2023 - The New and Renewable Energy Authority will secure a land plot for Norway's Scatec ASA to build a wind farm western Sohag as per an agreement they signed in the presence of Prime Minister Mostafa Madb... |
| EG >> 5/17/2023 - Minister of International Cooperation Rania Mashat had talks with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on the executive measures taken in tandem ... |
| EG >> 5/16/2023 - For the second time since February, the European Bank for Reconstruction and Development (EBRD) has downgraded its forecast for Egypt’s real GDP growth to 4.2 percent, a 0.1 percent decrease from its ... |
| AE >> 5/7/2023 - UNCTAD will host the third UN Trade Forum on 8th and 9th May 2023 to identify trade policies that can help countries grow their economies while tackling pressing global challenges and accelerating pro... |
| EG >> 3/25/2023 - Prime Minister Mostafa Madbouli chaired a meeting to review proposals aiming to improve the general appearance of the Ring Road. The Faculties of Engineering at Cairo and Ain Shams Universi... |
| AE >> 3/18/2023 - PwC Middle East released its 2023 TransAct Middle East report titled, “Gulf exceptionalism creates M&A opportunities despite global headwinds,'' which offers insights on the Merger & Acquisition (M&A)... |
| EG >> 3/1/2023 - The European Bank of Reconstruction and Development (EBRD) is projected to invest over $1.4 billion in Egypt, the highest investment the bank has ever made in the country, the EBRD’s Vice President fo... |
| EG >> 2/20/2023 - A meeting between the Suez Canal Authority and a group of Chinese businessmen discussed a Chinese project in the TEDA area of the Suez Canal Authority worth billions of dollars, alongside projects inv... |
| AE >> 2/19/2023 - The Hamriyah Free Zone Authority (HFZA) has announced it will take part in the upcoming 28th edition of Gulfood 2023, the biggest food and beverage supply platform globally. The event will ... |
| EG >> 1/10/2023 - The global economy will slow "perilously close" to a recession this year, led by weaker growth in all the world's top economies _ the United States, Europe and China, the World Bank warned . ... |
| EG >> 1/9/2023 - The World Bank stressed that the economic reforms carried out by Egypt will help overcome the effects of the current international crisis. The World Bank said "Macroeconomic and structural ... |
| AE >> 1/8/2023 - The Hamriyah Free Zone Authority (HFZA) in Sharjah has announced it is going to participate in the 18th edition of SteelFab 2023 exhibition organised by Expo Centre Sharjah from 9-12 January. ... |
| AE >> 1/3/2023 - Ducab Group—one of the UAE’s largest industrial manufacturing businesses—is supplying 633 kilometres of medium voltage and earthing cable to a new Egyptian 70-turbine windfarm in a move that reinforce... |
| EG >> 1/3/2023 - Egypt's first-ever online allotment of land plots in new cities, which runs until February, is sparking widespread interest among the public, announced Minister of Housing, Utilities, and Urban Commun... |
| EG >> 1/1/2023 - The Sovereign Fund of Egypt (TSFE) has, since 2018, attracted 43 percent of total foreign direct investment (FDI), or EGP 37 billion, according to a statement by Egyptian Presidential Spokesman Bassam... |
| AE >> 12/21/2022 - The UAE economy has quickly survived the economic impact of the COVID-19, with near-term economic growth being strong, underpinned by a rebound in domestic activity, while elevated oil prices support ... |
| AE >> 12/11/2022 - Under the directives of H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, the ‘Dubai Destinations’ winter campaign returns this year to showcase the attraction... |
| EG >> 11/30/2022 - Prime Minister Mostafa Madbouly attended the signing ceremony of the financial closure agreements between the Emirati AMEA Power company. There are also a number of international financing ... |
| AE >> 11/29/2022 - The 2022 Annual OIC Halal Economy Report identified that the OIC member states recorded a trade deficit of US$63 billion for halal economy products in 2021, covering food, fashion, pharmaceuticals and... |
| EG >> 11/26/2022 - Prime Minister Moustafa Madbouli stressed the state's interest in projects being implemented in the fields of new and renewable energy. He also underlined the state's keenness on offering b... |
| AE >> 11/17/2022 - Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyp... |
| EG >> 10/19/2022 - Minister of Electricity and Renewable Energy Mohamed Shaker received Commercial Attaché at the Embassy of Belgium in Egypt Hajar Magdy to discuss investment opportunities in the fields of energy, espe... |
| AE >> 10/11/2022 - The tenth meeting of the UAE-India High-Level Joint Task Force on Investments (‘The Joint Task Force’) today took place in Mumbai, co-chaired by Shri Piyush Goyal, Minister of Commerce and Industry, C... |
| EG >> 9/20/2022 - The Ministry of Planning and Economic Development issued recently a report on government initiatives and programs directed at environmental improvement and the transition to a green economy, with the ... |
| AE >> 8/21/2022 - The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment... |
| EG >> 7/27/2022 - The Cabinet Information and Decision Support Center (IDSC) asserted Wednesda that Egypt pays attention to developing and upgrading its energy strategy 2035 to be up to the developments of the era. ... |
| EG >> 7/6/2022 - Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector — released by the American credit rating agency Standard and Poor’s (S&P) — started to inch down in June after its slight climb ... |
| EG >> 6/28/2022 - The Egyptian economy is at a crossroads, report Niveen Wahish and Sherine Abdel-Razek. In 2013, the year the Muslim Brotherhood was removed from power, the outlook for the Egyptian economy... |
| EG >> 6/8/2022 - Al-Ahram Weekly reports on Egypt’s celebrations for this year’s World Environment Day on the 50th anniversary of the first UN conference on the environment. This year marks the 50th annive... |
| EG >> 6/1/2022 - An Egyptian delegation is preparing to embark on a mission to Canada with the aim of strengthening ties between the two countries. Moataz Raslan, chair of the Canada Egypt Business Council... |
