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Military Production, Local Development Ministers Follow Up on Infrastructure Projects
Egypt >> 12/21/2022 - State Minister for Military Production Mohamed Salah discussed with Minister of Local Development Hisham Amna the executive situation of infrastructure projects of the solid waste system in governora...
UAE Economy Survived Economic Impact of COVID-19: IMF Official
United Arab Emirates >> 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 ...
'The Economist' Highlights UAE's Energy Transition Efforts
United Arab Emirates >> 12/22/2022 - The UAE's energy transition efforts have been highlighted in a detailed article by ‘The Economist', where the renowned British weekly newspaper affirmed that the Gulf national oil companies' investmen...
Egypt to Pay Local Farmers EGP 1,100 for Sugarcane Ton
Egypt >> 12/22/2022 - Supply Minister Ali Moslehi said the ministry will raise the price of sugarcane purchased from local farmers to EGP 1,100 per ton after an agreement was reached with the parliamentary majority at the ...
Egyptian Council, SASO Discuss Facilitating Getting Certificates
Egypt >> 12/24/2022 - Executive Director of the Engineering Export Council of Egypt Mai Helmi had talks with Deputy Governor of the Saudi Standards, Metrology and Quality Organization (SASO) Saud bin Rashed Al Askar on mea...
Minister: Economic Openness Important to Face Global Recession
Egypt >> 12/24/2022 - International Cooperation Minister Rania el Mashat has underlined the need of having economic openness regionally and internationally to counter the current global recession.

In an intervie...
Planning Ministry:677 Start-Ups Currently Operating in Egypt
Egypt >> 12/24/2022 - Dr. Ghada Khalil, Director of the Rowad 2030 Project of the Ministry of Planning and Economic Development said a number of 677 start-ups are currently operating in Egypt providing some 45,955 job outl...
NBE Denies Issuing Savings Certificates With A Return of 20%
Egypt >> 12/27/2022 - The Chairman of the Board of Directors of the National Bank of Egypt, Hisham Okasha, denied rumors regarding the bank issuing savings certificates with a return of up to 20 percent for the coming peri...
Ten Years in Prison, Fine in Millions for US Dollar Manipulators, CBE
Egypt >> 12/27/2022 - The Central Bank of Egypt has revealed a prison sentence of no less than three years and no more than 10 years, and a fine of no less than LE 1 million and no more than LE 5 million for manipulating t...
PM Follows Up on Executive Situation of Knowledge City
Egypt >> 12/27/2022 - Prime Minister Mostafa Madbouli followed up on the executive situation of Knowledge City in the New Administrative Capital.

During his meeting with Telecommunications Minister Amr Talaat an...
Bourse Shows Mixed Performance at End of Tuesday Trading
Egypt >> 12/27/2022 - Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading session, amid purchasing operations by Arab and local institutions and investment funds, against selling by foreign ins...
Africa Could Make €1 Trillion of Green Hydrogen A Year, Eib Says
Egypt >> 12/27/2022 - The Egyptian Cabinet's Information and Decision Support Center (IDSC) said that Africa has the potential to produce €1-trillion (R18.3-trillion) worth of green hydrogen a year by 2035, allowing it to ...
Electricity Sector Sees Promising Uptick in 2022
Egypt >> 12/28/2022 - The Electricity and Renewable Energy managed to attain a quantum leap in the various spheres and secure the local market's needs, despite the diversity of global challenges during 2022, according to a...
2022 Yearender: World Economy Faces More Pain in 2023 After A Gloomy Year
Egypt >> 12/28/2022 - This was supposed to be the comeback year for the world economy following the Covid pandemic.

Instead, 2022 was marked by a new war, record inflation and climate-linked disasters. It was a ...
Egypt Ranked 35th Globally in Terms of Spending on R&D
Egypt >> 12/28/2022 - Higher Education and Scientific Research Minister Ayman Ashour said that Egypt came in 35th place in terms of public spending on research and development (R&D) among 86 countries worldwide.

...
CBE: Egypt Banks to Close Sunday 1st Jan. for End of Fiscal Year
Egypt >> 12/28/2022 - The Central Bank of Egypt (CBE) announced that banks will be off, 1st of January, on the occasion of end of the fiscal year.

CBE added in a statement that work at banks will be resumed, Jan...
Egypt, Japan’s JICA Ink Deal to Fund 1st Phase of 4th Line of Cairo Metro With $301mn
Egypt >> 12/28/2022 - The Ministry of International Cooperation and the Transport Ministry have signed a $301-million-deal with the Japan International Cooperation Agency (JICA) on the 2nd tranche of funding for the first ...
PM Follows Up Measures to Automate Hospitals
Egypt >> 1/1/2023 - Prime Minister Mostafa Madbouli on Sunday affirmed the state's keenness to expand the implementation and availability of various digital transformation procedures in service fields, including the heal...
PM: Gov't Focuses on Luring Investments to Top Priority Sectors
Egypt >> 1/1/2023 - Prime Minister Mostafa Madbouli said the government focuses on luring investments to top priority sectors for the national economy in the current period.

Chairman of the General Authority f...
Agriculture Min. Urges More Effort for Sake of Egypt
Egypt >> 1/1/2023 - Agriculture Minister el Sayyed el Qusseir has urged senior officials at his Ministry to exert utmost effort to support the new republic in the face of entangled incidents and crises.

“Our p...

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