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IFAD Invites Mashat to Review Agricultural Development Projects
Egypt >> 6/19/2023 - The International Fund for Agricultural Development (IFAD) has invited Minister of International Co-operation Dr Rania el-Mashaat to its headquarters in Rome to review the successes of the fund’s proj...
Mou: Funding for More Gas-Fuelled Cars
Egypt >> 6/19/2023 - A memorandum of understanding (MoU) has been signed to support micro, small and medium enterprises (SMEs) and offer owners opportunities to increase production.

The Micro, Small and Medium ...
Local Development Minister: State Seeks to Set Up Logistics Areas in All Governorates
Egypt >> 6/19/2023 - Minister of Local Development Hisham Amna said that the Egyptian state is working to facilitate trade movement and establish logistics service areas in all governorates to push forward the development...
Justice Minister: Egypt Keen on Realizing Sustainable Economic Growth
Egypt >> 6/19/2023 - Justice Minister Omar Marawan has said Egypt's political leadership is keen on realizing sustainable economic growth.

President Abdel Fattah El Sisi's sponsorship of the first forum on busi...
Cabinet: 1.6 Mln Egyptians Covered by 'Tahya Misr"1st Quarter of 2023
Egypt >> 6/19/2023 - Prime Minister Mostafa Madbouli asserted the importance of "Tahya Misr" fund, which he viewed as a key axis in implementing Egypt's comprehensive development since its launching eight years ago.
Explainer: Why Does Egypt Need IFC's Assistance for Its IPO Programme?
Egypt >> 6/19/2023 - The Egyptian government signed on Sunday an agreement with the International Financial Corporation (IFC), the financial arm of the World Bank, to provide advisory services for its initial public offer...
Egypt Ranks 6th for Remittances Among Middle-Income Nations in 2022: World Bank
Egypt >> 6/19/2023 - Egypt ranked sixth among low and medium-income countries that received remittances in 2022, a slight decline from its fifth place ranking from the previous year, according to a report by the World Ban...
Dollar Prices Stable at Start of Wednesday's Transactions in Egypt's Major Banks
Egypt >> 6/20/2023 - The dollar exchange rate was stable at the start of transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying...
IMF Urges Egypt to Address FX Reserves Leakage And Multiple Exchange Rates
Egypt >> 6/20/2023 - International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that Egypt needs to work on preventing the leakage of foreign exchange (FX) reserves caused by the multiple exchange rates...
Maait Urges African Coordination, Boosting Co-Operation Mechanisms
Egypt >> 6/20/2023 - Minister of Finance Mohamed Maait called for coordinating African stances and boosting the mechanisms of co-operation and integration towards achieving continental integration, amid the grave internat...
Molla, Saudi Company Arcelormittal Jubail Discuss Expansion In Egypt
Egypt >> 6/20/2023 - Minister of Petroleum and Mineral Resources Tarek El Molla discussed with a delegation of Saudi company ArcelorMittal Jubail means of boosting co-operation in the field of oil and gas pipeline manufac...
SCZONE, India’s Flex Sign Contract on Projects Expansion in Sokhna Region
Egypt >> 6/20/2023 - The General Authority for the Suez Canal Economic Zone (SCZONE) announced signing a contract for expansion in the projects of the Indian company Flex in the industrial zone of Sokhna.

Eng. ...
PM Reviews Plan to Develop Dabaa Lands
Egypt >> 6/20/2023 - Prime Minister Moustafa Madbouli has asserted great attention paid to the Dabaa Corridor and its road extensions. Efforts are focused on implementing the national roads and axes network as an output...
Japanese Amb.: $110,000 to Support Egypt's Small Enterprises
Egypt >> 6/20/2023 - Japanese Ambassador to Egypt Oka Hiroshi his country will provide a grant worth 110,000 dollars to Egypt to support its small enterprises as part of a Japanese aid program.

During a meeting...
Extension of The Application Period for The National Smart Green Projects Initiative
Egypt >> 6/21/2023 - Minister of Planning and Economic Development Hala El-Saeed, , announced the extension of the application period for the national initiative for smart green projects until July 2023, which is submitte...
IDSC: 31.4 % Reduction in Value of Non-Petroleum Trade Deficit in1st Quarter in 2023
Egypt >> 6/21/2023 - The Cabinet's Media Center highlighted a reduction by 31.4 % in the non-petroleum trade deficit during the first quarter of 2023 to hit 3.8 billion dollars, compared to the same quarter in 2022 that r...
CAPMAS: Egypt's Exports to France Up 61% in 2022
Egypt >> 6/21/2023 - Egypt's exports to France went up 61 percent in 2022, hitting 1.8 billion dollars, up from 1.1 billion dollars the year before.

Data released by the Central Agency for Public Mobilizatio...
Will Gold Prices Continue to Drop Or Regain Strength After Eid Al-Adha?
Egypt >> 6/21/2023 - An unknown rise in gold prices came before the last Eid al-Fitr holiday, until Prime Minister Mostafa Madbouly met with senior merchants and the Gold Division, and put forward several proposals that l...
PM Urges Securing Citizens' Needs of Meat & Staples Ahead of Eid Ul-Adha
Egypt >> 6/24/2023 - A delegation from the Suez Canal Economic Zone (SCZone), led by Chairman Walid Gamal Eddin, discussed during a meeting in Mumbai, India, with representatives of major Indian industrial companies actio...
Trade Exchange Between Egypt, India Up to 6 Billion Dollars
Egypt >> 6/24/2023 - The volume of trade exchange between Egypt and India was up to six billion dollars in 2022, against 5.3 billion dollars in 2021 with an increase of 13.7%, according to statistics by Central Agency for...

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