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Business Sector Minister: Action Strategy Achieved Unprecedented Profits in Past Period
Egypt >> 2/17/2024 - Public Business Sector Minister Mahmoud Esmat said the action strategy and the all out plan for modernization and development achieved fruitful results in the past period.

The performance o...
PM Inspects New Garden City in New Capital
Egypt >> 2/17/2024 - Prime Minister Mostafa Madbouli toured the residential neighborhood R5 in the New Administrative Capital.

It was named after the New Garden City district as it is similar in design to the G...
Nigeria’s Currency Has Fallen to A Record Low as Inflation Surges. How Did Things Get So Bad?
Egypt >> 2/18/2024 - Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low ag...
Egypt, Bahrain Probe Cooperation in Military Industrialization
Egypt >> 2/19/2024 - Minister of State for Military Production Mohamed Salah el Din Moustafa Sunday asserted the strength of well-established historic and fruitful cooperation relations between Egypt and Bahrain.

...
Egypt Launches Blue Economy Roadmap to Advance Marine Conservation And Eco-Tourism
Egypt >> 2/19/2024 - Egypt has recently launched the Blue Economy Roadmap, a collaborative effort with CEDARE, UNEP, and the EU, to promote sustainable marine practices and foster economic growth.

Launched duri...
Alquseir Discusses The Latest Developments With The World Bank
Egypt >> 2/19/2024 - The Minister of Agriculture and Land Reclamation, Mr. Al-Quseir, discussed with the Regional Director for Sustainable Development for the Middle East and North Africa at the World Bank in Cairo, Miska...
Hala Al-Saeed : Work Program Between Islamic Countries, Trade And The Arab Republic of Egypt
Egypt >> 2/19/2024 - Dr. Hala Al-Saeed, Minister of Economic Planning and Governor of Egypt at the Islamic Development Bank Group, Eng. Hani Salem Sonbol, CEO of the International Islamic Foreign Trade Corporation and Act...
Mashat: We Are Keen on Joint Cooperation With ITFC
Egypt >> 2/19/2024 - International Cooperation Minister Rania El Mashat asserted the Egyptian government's utmost keenness on boosting and developing open cooperation channels with the International Islamic Trade Finance ...
Scatec Signs Deal to Build 1 GW Solar Plant in Egypt
Egypt >> 2/20/2024 - Norwegian renewable energy producer Scatec ASA signed a cooperation agreement with Misr Aluminium Company – Egyptalum to set up a 1 GW solar power plant, in Egyptian cabinet statement.

The ...
Egypt, Tanzania Explore New Ties in Transport Sector
Egypt >> 2/20/2024 - Egypt and Tanzania are exploring new avenues to forge a stronger partnership in the transport sector to enhance trade between the two African countries.

High-level delegates from both gover...
Egypt’s Trade Balance Deficit Falls By 68% in Jan. ’24
Egypt >> 2/20/2024 - Egypt’s trade balance deficit fell by 68 per cent in January 2024, a significant improvement, the Cabinet said in a statement on Tuesday 20/2/2024.

The statement said that the Egyptian comm...
Maait: New Customs Facilities for Shipping Agencies to Speed Up The Release of Goods
Egypt >> 2/20/2024 - Dr. Muhammad Maait, Minister of Finance, issued a decision to amend some provisions of the executive regulations of the Customs Law.

The amendments include new customs facilitations for shi...
Egypt’s Commodity Exports Surged in January; Trade Deficit Shrinks
Egypt >> 2/20/2024 - Egypt's commodity exports witnessed substantial growth in January, surpassing $3 billion, a significant rise from the $2.8 billion recorded in January 2023, resulting in a decline in trade deficit, Mi...
Egypt,Tanzania Seek to Boost Co-Operation in Field of Electricity
Egypt >> 2/21/2024 - Egypt’s Electricity Minister Mohamed Shaker met with Hon Judith Kapinga,Tanzania’s Deputy Minister of Energy, to discuss the Egyptian experiment in upgrading the electricity and renewable energy secto...
Sweilam Highlights Importance of Dealing With Overpopulation, Climate Change Challenges
Egypt >> 2/21/2024 - Egypt’s Minister of Water Resources and Irrigation Hani Sweilam underlined the importance of sustainability in the Arab region, especially in light of overpopulation and climate change.

He ...
Sczone Chairman Meets EU Commission Officials in Brussels
Egypt >> 2/21/2024 - Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) reviewed the ongoing economic reform process in the country and the preparations for the investment conf...
Mashrouak National Project to Lend Youth Hits Record EGP 200 Mln in January: Minister
Egypt >> 2/21/2024 - Egypt's national project to provide employment opportunities for youth, Mashrouak (meaning "your project”), achieved its highest lending rate since its launch in 2015, reaching EGP 200 million across ...
Financial Inclusion Rates Surge to 70.7% By End 2023: CBE
Egypt >> 2/21/2024 - The Central Bank of Egypt (CBE) released the core set of financial inclusion indicators for 2023, highlighting a notable rise in the country's financial inclusion rates.

The number of adult...
Economic Sessions of Egypt’s National Dialogue to Kick off
Egypt >> 2/24/2024 - The Egyptian National Dialogue sessions on the economic axis will kick off on Monday at the National Training Academy (NTA), member of the dialogue council Gamal El Keshkey announced.

In co...
FEI: Private Sector Has Major Role in Increasing Investments Between Egypt, Rwanda
Egypt >> 2/24/2024 - Chairman of the African Cooperation Committee at the Federation of Egyptian Industries (FEI) Sherif El Gabali stressed the importance of boosting the private sector's role in increasing investments an...

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