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Egypt's IPO Programme Attracted $3.5 Billion So Far: Finance Minister
Egypt >> 1/14/2024 - Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far, Minister of Finance Mohamed Maait said .

Speaking at the...
New Boom Witnessed in New Egyptian State – Minister
Egypt >> 1/14/2024 - Egyptian Housing Minister Essam el-Gazzar said on Sunday a new boom is now being witnessed in the new Egyptian State, stressing that fruits of what was achieved over the past period will be reaped wit...
Int’l Coop. Min. Al-Mashat Holds Discussion Session With Vice President Of NDB Bank
Egypt >> 1/14/2024 - The Minister of International Cooperation and Alternate Governor of Egypt at the New Development Bank (NDB), Rania Al-Mashat, held a discussion session with the Vice President of the NDB, Vladimir Kaz...
China's CSCE Begins Delivery of Towers in Egyptian New Capital's Central Business District
Egypt >> 1/14/2024 - Prime Minister Mostafa Madbouli attended the ceremony held to celebrate the delivery of the first three towers - out of 20 - at the New Administrative Capital’s Central Business District (CBD) and tha...
Beltone Evolve Holding Launch New Gold Investment Fund
Egypt >> 1/14/2024 - Beltone Financial Holding’s subsidiary Beltone Asset Management has announced the launch of a new gold investment fund in collaboration with investment company Evolve Holding, read a statement on the ...
PM: Financing NAC 'Outside' of State Budget, Profits Surpassed EGP 20 Bln
Egypt >> 1/14/2024 - Prime Minister Moustafa Madbouli said that financing the New Administrative Capital (NAC) is outside the State budget, adding that it was established through the mega real estate development companies...
New Boom Witnessed in New Egyptian State
Egypt >> 1/14/2024 - Housing Minister Essam el Gazzar said a new boom is now being witnessed in the new Egyptian State, stressing that fruits of what was achieved over the past period will be reaped within the coming sta...
Nuweiba Port Reopened After Weather Improved
Egypt >> 1/14/2024 - Nuweiba port in South Sinai governorate reopened after an improvement in weather conditions, said the media center of the Red Sea Ports Authority.

Maritime and navigation activities were re...
Infograph: Egypt's Short-Term External Debt Hits All-Time-High in Q1 FY2023/2024
Egypt >> 1/14/2024 - Egypt’s short-term external debt reached an all-time high at around $30.27 billion in the first quarter of the fiscal year (FY)2023/2024 – July/September – up from $28.15 billion in the previous quart...
Beltone, Evolve Holding Launch New Gold Investment Fund
Egypt >> 1/14/2024 - Beltone Financial Holding’s subsidiary Beltone Asset Management has announced the launch of a new gold investment fund in collaboration with investment company Evolve Holding, read a statement on the ...
PM: NAC Creates Thousands of Job Opportunities for Youth
Egypt >> 1/15/2024 - Egypt’s Prime Minister Moustafa Madbouli said that tens of thousands of job opportunities will be created for Egyptian youth after operating the Central Business District of the New Administrative Ca...
Emigration Minister: We Are Keen on Supporting Expatriates’ Investments
Egypt >> 1/15/2024 - Egyptian Minister of State for Emigration and Egyptian Expatriates’ affairs Soha Gendi has expressed her keenness on supporting the investments of the Egyptian expatriates in Egypt and provide additio...
Trade Minister: Egypt Largest Cement Producer in Africa
Egypt >> 1/15/2024 - Minister of Trade and Industry Ahmed Samir asserted the cement sector is one of the most important, key industrial sectors in national economy.

This vital sector is mainly contributing to p...
Will Halting of Egypt's Abu Qurqas Factory Production Lead to Resurgence in Sugar Prices?
Egypt >> 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 ...
Dollar Exchange Rate Stable at Start of Transactions
Egypt >> 1/17/2024 - 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...
Cabinet Approves Re-Forming Supreme Council for Ports
Egypt >> 1/17/2024 - During its meeting the cabinet led by Prime Minister Mostafa Madbouli, approved a draft resolution on re-forming and re-organizing the Supreme Council for Ports.

The council is composed of ...
Irrigation Minister Calls for Upgrading Procedures of National Water Resources Plan
Egypt >> 1/17/2024 - Minister of Water Resources and Irrigation Hani Sewilam issued his directives to his ministry's officials to update procedures of the National Water Resources Plan to incorporate the goals of Egypt’s ...
Finance Minister: We Are Keen on Benefitting from Experience of Int'l Health Experts
Egypt >> 1/17/2024 - Minister of Finance and head of the Universal Health Insurance Authority Mohamed Maait expressed keenness on benefitting from the experience of international experts specialized in comprehensive healt...
Planning Min Underlines Importance of Location Data Infrastructure
Egypt >> 1/17/2024 - The establishment of spatial information infrastructure is an important tool for developing comprehensive planning and making sustainable development strategies, Planning and Economic Development Mini...
Egypt Budget Deficit Records 5% of GDP in H1 2023/24
Egypt >> 1/17/2024 - Egypt’s budget deficit recorded 4.95 percent of GDP during the first half (H1) of FY 2023/2024, July-December 2023, said Minister of Finance Mohamed Maait.

Over H1 of FY2022/23 (July-Decemb...

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