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Egypt Raises Agriculture, Irrigation Investments by 71% Yoy for FY2023/2024
Egypt >> 11/16/2023 - The Egyptian government increased investments in the agriculture and irrigation sector by 71 percent year-on-year (YoY) to EGP 116.6 billion ($3.77 billion) for the fiscal year (FY) 2023/2024, accordi...
PM: Presidential Directives to Continue Work to Attain Self-Sufficiency, Localize Industries
Egypt >> 11/18/2023 - Prime Minister Moustafa Madbouli asserted there are presidential directives to continue work to attain self-sufficiency and strengthen and localize different industries, with special focus on modern p...
Madbouli Inspects Mapei Italian Company in 10th of Ramadan City With $25 M Investments
Egypt >> 11/18/2023 - Prime Minister Moustafa Madbouli asserted the state's keenness to deepen the industry of the local product and encourage and empower the private sector, pointing out that the Egyptian market is “huge”...
PM Inspects GLC Factory in Obour City
Egypt >> 11/18/2023 - Prime Minister Moustafa Madbouli inspected, during his tour the factory of German Lebanese Company for Paints (GLC) in Obour City.

He was accompanied by Trade Minister Ahmed Samir and Execu...
PM Inspects Factories in Obour, 10th Of Ramadan Cities
Egypt >> 11/18/2023 - Prime Minister Moustafa Mabouli made a tour to inspect a number of factories in the cities of el Obour and 10th of Ramadan.

The Premier started his tour with inspecting a factory for medica...
Egyptair, UAE's Sanad Sign Mou on Engine Maintenance Services
Egypt >> 11/18/2023 - EgyptAir Maintenance & Engineering Co. signed a Memorandum of Understanding with UAE's Sanad to provide flat-rate component repair services.

The MoU was signed on the sidelines of the 2023 ...
Japanese Delegation Visits New Alamein City
Egypt >> 11/18/2023 - Officials of the New Alamein City Authority have discussed with a Japanese delegation ways of cooperation between the two sides and the investment opportunities available in New Alamein City, especial...
27th Edition of Cairo ICT Kicks Off at Egypt International Exhibition Center
Egypt >> 11/19/2023 - The 27th edition of Cairo ICT, the International Technology Exhibition and Conference for the Middle East and Africa commenced in grand style at the Egypt International Exhibition Center in New Cairo....
PM Inspects PepsiCo Shared Services Center
Egypt >> 11/19/2023 - During his inauguration and inspection of several international companies operating in Egypt in the field of outsourcing services, Prime Minister Mostafa Madbouly and his companions visited the share...
PM Inspects Gediea Operational Support Services Center in Egypt
Egypt >> 11/19/2023 - Prime Minister Mostafa Madbouly and his companions continued his visit to several global companies operating in Egypt in information technology, engineering research and development services, outsourc...
Dollar Price Stable At Major Egyptian Banks
Egypt >> 11/19/2023 - The exchange rate of the US dollar against the Egyptian pound was stable at the beginning of transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the do...
Egypt Hosts Conference on Progress of Nwfe Green Program
Egypt >> 11/19/2023 - Egyptian Prime Minister Mostafa Madbouly witnessed the launch of a high-level roundtable organized by the Ministry of International Cooperation to mark one year of the Nexus on Water, Food and Energy ...
Egypt, Saudi Arabia Consider Trade Exchange in Local Currencies
Egypt >> 11/20/2023 - Egypt and Saudi Arabia are considering the use of local currencies in trade exchange, said Yehia El-Watheq Bellah, head of the Egyptian Commercial Service (ECS).

The central banks of the tw...
Environment Minister Discusses Cooperation With EIP
Egypt >> 11/20/2023 - Minister of Environment Yasmine Fouad, met, 20-11-2023, with Gelsomina Vigliotti, Vice President of the European Investment Bank for the Middle East, and her accompanying delegation, to discuss areas ...
Emirates NBD, Turkish Hayat Sign €30 Mln Loan to Establish Tissue Facility in Ain Sokhna
Egypt >> 11/20/2023 - Emirates NBD Egypt, a subsidiary of Emirates NBD, announced the signing of a €30 million ($32.8 million) medium-term loan agreement with Hayat Egypt for Hygienic Products, a subsidiary of Turkish Hay...
Housing Min. Hails Deep Cooperation With EIB
Egypt >> 11/20/2023 - Minister of Housing Assem El Gazar met, 20-11-2023, with Gelsomina Vigliotti, Vice President of the European Investment Bank for the Middle East, to discuss implementing joint projects, and ways to en...
Mashat Discusses Coop. With Saudi Commerce Minister
Egypt >> 11/20/2023 - Minister of International Cooperation Rania El Mashat said, 20-11-2023, relations between Egypt and Saudi Arabia are of paramount importance, especially at the economic level.

The two minis...
Saudi Al-Lami Group to Invest $500 Million in Egypt's Tourism And Real Estate Sectors
Egypt >> 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...
Explainer: What Egypt’s $14.7 Bln NWFE Achieved in 2023
Egypt >> 11/20/2023 - The Ministry of International Cooperation held a high-level roundtable of the Nexus of Water, Food, and Energy (NWFE) program on the first anniversary of the NWFE program.

The NWFE program...
Egypt's E-Payment Services Record EGP 7.8 Trillion: Finance Minister
Egypt >> 11/20/2023 - The value of services provided through the electronic payment and collection system has reached EGP 7.8 trillion since its launch in 2019, Egypt’s Minister of Finance Mohamed Maait said in a statement...

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