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PM Follows Up Efforts to Develop Health Insurance Authority, Ambulance Organization
Egypt >> 1/1/2023 - Prime Minister Mostafa Madbouli asserted on Sunday the importance of developing the Egyptian Ambulance Organization and General Authority for Health Insurance to continue to offer better health servic...
Egypt's Agricultural Exports Surpassed 6.3 Mln Tons in 2022, Says Spokesman
Egypt >> 1/1/2023 - Egypt's agricultural exports in 2022 exceeded 6.3 million tons for the first time in history, said Spokesman for the Agriculture Ministry Mohamed el Qersh.

In a phone interview Sunday with ...
Here’s What Could Tip The Global Economy Into Recession in 2023
Egypt >> 1/1/2023 - The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under con...
Egypt’s Sovereign Fund Attracted EGP 37 Billion Since 2018, 43% of All Foreign Direct Investment
Egypt >> 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...
Third of World in Recession This Year, IMF Head Warns
Egypt >> 1/2/2023 - A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned.

Kristalina Georgieva said 2023 will be "tougher" than last year a...
PM Follows Up on Customs Release Procedures at Ports
Egypt >> 1/2/2023 - Prime Minister Mostafa Madbouli said effective coordination continues as regards following up on procedures for customs release of various goods and commodities at Egyptian ports with a view to ensuri...
Madbouli Reviews Design of Industrial City in New October
Egypt >> 1/2/2023 - Prime Minister Mostafa Madbouli presided over a meeting on Monday to review the layout of an industrial city planned to be established in the New October City.

The meeting was attended by M...
MBZUAI-Trained UAE Executives Use aI In Diverse Areas of Operations: Official
United Arab Emirates >> 1/2/2023 - Executives working in the UAE government and private sectors have begun to use artificial intelligence (AI) in diverse areas of their daily work, thanks to an Executive Programme hosted by Mohamed bin...
IDSC: State Taken Several Measures to Support Bonds Market in Egypt
Egypt >> 1/3/2023 - The Cabinet’s Information and Decision Support Center (IDSC) showed that the Egyptian bonds market has witnessed great interest during the recent period, as the restricted bonds amounted to about EGP ...
CBE: Foreign Reserve Rises to $34 Bln in December 2022
Egypt >> 1/3/2023 - The Central Bank of Egypt (CBE)announced that the country's foreign reserves rose by USD 470 million to hit nearly USD 34 billion in December 2022, compared to USD 33.5 billion in November.
Telecommunications Minister, Indian Ambassador in Cairo Discuss Joint Cooperation
Egypt >> 1/3/2023 - Telecommunications and Information Technology Minister Amr Talaat met with Ambassador of India in Cairo Ajit Gupte, where they discussed mechanisms for enhancing joint cooperation between Egypt and In...
SCA, ABS Ink Mou on Transforming Suez Canal Into Green Canal
Egypt >> 1/3/2023 - The Suez Canal Authority (SCA) inked a memorandum of understanding with the American Bureau of Shipping (ABS) to accelerate the authority's efforts to turn the Suez Canal into a green one in line with...
Trading at EGX Hit Record Levels in 2022 As it Exceeded EGP 1 Trillion - Chairman
Egypt >> 1/3/2023 - Trading at the Egyptian Exchange (EGX) hit record levels in 2022, topping EGP 1 trillion for the first time in its history, EGX Chairman Rami El-Dokany said.

In a press conference on EGX 20...
EGX Indexes' Revenues Hiked 22% in 2022 - Chairman
Egypt >> 1/3/2023 - Egyptian Exchange Chairman Rami El Dokany said EGX indexes' revenues hiked 22% in 2022, making its performance among the world's best exchanges.

In a press conference on EGX 2022 recap, Dok...
PM Follows Up Efforts to Lure Foreign Investments in Various Sectors
Egypt >> 1/3/2023 - Prime Minister Mostafa Madbouli held a cabinet meeting to follow up on the government's efforts to attract foreign investments in different sectors.

The meeting was attended by Electricity...
EGX Studies Introduction of Islamic Sharia-Aligned Index
Egypt >> 1/3/2023 - Chairman of the Egyptian Exchange Ramy El-Dokany said that EGX is currently studying introducing a new index that conforms with Islamic Sharia to deal with investors and investment funds which are int...
US Dollar Prices in Egypt on Tuesday
Egypt >> 1/3/2023 - The price of the US dollar against the Egyptian pound stabilized.

This was recorded at the National Bank of Egypt for the second day after banks resumed work in 2023.

The dollar ...
High Demand on Egypt's First-Ever Online Land Allocation: Housing Minister
Egypt >> 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...
Egypt's International Reserves Inches Up to The Highest Level in 7 Months
Egypt >> 1/3/2023 - Egypt's net international reserves (NIRs) rose by $470 million to hit nearly $34 billion in December 2022, compared to $33.5 billion in November, the Central Bank of Egypt (CBE) announced .

...
Abu Dhabi Sustainability Week Hosts First Green Hydrogen Summit in Year of Climate Action for UAE
United Arab Emirates >> 1/3/2023 - Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will hold its first annual Green Hydroge...

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