Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regarding the fourth review of Egypt's $8 billion Extende... |
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching $3.936 billion, up from $3.133 billion during the... |
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sam, President of the Korea International Cooperatio... |
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, witness the... |
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to $650 million in 2023. This positive t... |
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital. The Cabinet is set to address several topics, including the participation o... |
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting at the government headquarters in the New Administrative Capital with Mr. Chang Won Sam, President of the Korea International Cooperation Agency (KOI... |
Egypt >> 11/20/2024 - The European Bank for Reconstruction and Development (EBRD) has extended a 50-million-euro loan to the Commercial International Bank (CIB), a publicly listed Egyptian bank, to promote the growth of sm... |
Egypt >> 11/19/2024 - Fitch Ratings has raised the Long-Term Issuer Default Ratings (IDRs) of the largest four banks in Egypt following the recent upgrade of the country's sovereign rating, a statement said. Fit... |
Egypt >> 11/19/2024 - Minister of Petroleum and Mineral Resources Karim Badawi has received a delegation from the International Finance Corporation (IFC), headed by Valerie Levkov, Global Industry Director for Energy, Meta... |
Egypt >> 11/19/2024 - CEO of the General Authority for Investment and Free Zones (GAFI) received a delegation from Japan Bank for International Cooperation (JBIC) led by Chief Representative for the Middle East Kenny Kitam... |
Egypt >> 11/19/2024 - Minister of Petroleum and Mineral Resources, Karim Badawi, announced at the American Chamber of Commerce that oil and gas production has increased from July to October, adding 200 million cubic feet o... |
Egypt >> 11/19/2024 - The Suez Canal Economic Zone (SCZone) has signed a cooperation protocol with the Egyptian Commercial Service Authority, aiming to strengthen collaboration and attract foreign direct investment (FDI) t... |
Egypt >> 11/19/2024 - Prime Minister Mostafa Madbouli received Tuesday Director General of the Russian State Atomic Energy Corporation (Rosatom) Alexei Likhachev who affirmed President Vladimir Putin's eagerness for adheri... |
Egypt >> 11/17/2024 - On the occasion of National Petroleum Day, Minister of Petroleum and Mineral Resources Karim Badawi gave a speech during which he praised the latest developments in the sector and outlined its working... |
Egypt >> 11/17/2024 - Prime Minister Mostafa Madbouly visited the pavilions of the Central Bank of Egypt (CBE), the Financial Regulatory Authority (FRA), and the Egyptian Credit Bureau "iScore", during his tour of the Cair... |
Egypt >> 11/17/2024 - On the occasion of National Petroleum Day, Minister of Petroleum and Mineral Resources Karim Badawi gave a speech during which he praised the latest developments in the sector and outlined its working... |
Egypt >> 11/17/2024 - Egypt’s trade with the G20 countries reached $61 billion in the first nine months of 2024, up from $55.6 billion during the same period in 2023, according to the latest data from the country’s officia... |
Egypt >> 11/17/2024 - Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk met with Mohamed Shelbaya, Chairman of PepsiCo Egypt, to discuss ways to enhance co-operation and expand investment in Egypt’s agricul... |
Egypt >> 11/17/2024 - Prime Minister Mostafa Madbouly highlighted the pivotal role of Egypt’s Information and Communications Technology (ICT) sector, describing it as a source of hope for the nation’s youth and a key drive... |
Egypt >> 11/14/2024 - Egypt's trade deficit rose for the second consecutive month to $4.88 billion in August, compared to $4.03 billion in August 2023, marking a 21.3 percent increase, according to data published by the Ce... |
Egypt >> 11/13/2024 - Egypt’s Prime Minister Mostafa Madbouly highlighted challenges facing African states, including Egypt, to fulfill their climate commitments, stressing that advanced countries must take the lead with r... |
Egypt >> 11/13/2024 - Egyptian Minister of Industry and Transport Kamel Wazir asserted the depth of the historic ties between Egypt, Jordan and Iraq. He underlined the importance of cooperation among the three c... |
Egypt >> 11/13/2024 - Minister of Petroleum and Mineral Resources Karim Badawi received a delegation from Aton Resources headed by its CEO Tonno Vahk in which he presented the company’s activities and exploration efforts i... |
Egypt >> 11/9/2024 - South Korean Ambassador to Cairo Kim Yonghyon praised steps taken by the Egyptian government to attract foreign direct investment. South Korean companies are interested in investing in Egyp... |
Egypt >> 11/9/2024 - Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Farid took part in the International Organization of Securities Commissions (IOSCO) board meetings as well as meetings of the Fina... |
Egypt >> 11/9/2024 - Minister of Housing, Utilities and Urban Communities Sherif el Sherbini had a meeting with Cameroon's Minister of Housing and Urban Development Celestine Kitscha and Cameroon Ambassador to Egypt Moham... |
Egypt >> 11/9/2024 - The Micro, Small and Medium Enterprise Development Agency (MSMEDA) is cooperating with the World Bank (WB) to upgrade the Egyptian Entrepreneurship eco-system, CEO Bassel Rahmy said. MSMEDA... |
Egypt >> 11/9/2024 - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir had a meeting with Hayrettin Akgun Okay, CEO of the Austrian-based wood panels manufacturer "Kron... |
Egypt >> 11/9/2024 - Minister of Planning, Economic Development and International Cooperation Rania el Mashat said that 42% of the public investments of the plan of the current fiscal year is spent on human and social dev... |
Egypt >> 11/9/2024 - Environment Minister Yasmine Fouad had a meeting with Slovakia's Deputy Prime Minister and Minister of Environment Tomáš Taraba, the Slovak ambassador in Cairo and their accompanying delegation to dis... |
Egypt >> 11/9/2024 - Minister of State for Military Production Mohamed Salah Eldin Mostafa discussed avenues of cooperation with Angolan Minister of National Defense and Veterans João Ernesto dos Santos. Mostaf... |
Egypt >> 11/9/2024 - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir attended the signing ceremony of a memorandum of understanding between Egypt’s Holding Company fo... |
Egypt >> 11/6/2024 - Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting at the government headquarters in the New Administrative Capital to discuss a number of key political, economic and social files.<... |
Egypt >> 11/6/2024 - Egyptian Prime Minister Mostafa Madbouly held a press conference, where he addressed different concerns, especially Egypt’s stance regarding the Ethiopia’s announcement of completing the construction ... |
Egypt >> 11/6/2024 - Cairo Governor Ibrahim Saber met Michael Koh, Deputy Executive Director of the Centre for Livable Cities (CLC) in Singapore. The meeting came during the activities of the 12 edition of the ... |
Egypt >> 11/6/2024 - Egypt's net international reserves (NIRs) increased to $46.9 billion by the end of October, up from $46.7 billion in September, according to data published by the Central Bank of Egypt (CBE). ... |
Egypt >> 11/6/2024 - Egypt's budget deficit dropped to 2.1 percent of the GDP in the first quarter (Q1) of the current fiscal year (FY) 2024/2025, down from 3.2 percent in FY2023/2024, Minister of Finance Ahmed Kouchouk a... |
Egypt >> 11/6/2024 - Shares in Tesla soared in pre-market trading after Donald Trump, backed by the electric car maker's boss Elon Musk, claimed victory in the US presidential election. Tesla shares were up 13 ... |
Egypt >> 11/6/2024 - The dollar surged and bitcoin hit a record high before Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation. While ... |
Egypt >> 11/3/2024 - Some economists and financial consultants told Ahram Online they expect the International Monetary Fund (IMF) to respond favourably to Egypt’s requests, potentially reconsidering the timeline for econ... |
Egypt >> 11/3/2024 - The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, highlighted that Egypt's reforms are intended to address the country's economic challenges as she discussed ways t... |
Egypt >> 10/31/2024 - Ambassador Omar Amer, Egypt's Ambassador to Athens, hosted Ms. Olga Kefalogianni, the Greek Minister of Tourism, at the embassy. During the meeting, they discussed ways to enhance cooperati... |
Egypt >> 10/31/2024 - The cabinet approved during its weekly meeting under Premier Moustafa Madbouli a draft cabinet decision on re-forming a committee formanaging foreign debt file and regulating foreign loans. ... |
Egypt >> 10/30/2024 - Egyptian Prime Minister Mostafa Madbouly chaired a meeting to review the final preparations for hosting the 12th World Urban Forum in Cairo from November 4-8. The meeting was attended by se... |
Egypt >> 10/30/2024 - The cabinet approved during its weekly meeting, under Prime Minister Moustafa Madbouli, starting the actual operation of the comprehensive health insurance in the Suez governorate as of December 2024.... |
Egypt >> 10/30/2024 - Prime Minister Mostafa Madbouli attended in the New Administrative Capital the signing of a memorandum of understanding about studying the development of a public, free zone in lands allocated for the... |
Egypt >> 10/30/2024 - Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din witnessed the signing of a contract for Indian Pearl Group’s polyurethane production project, valued at E... |
Egypt >> 10/30/2024 - Japanese Sumitomo Electric Egypt will commence operating its plant for manufacturing electrical wiring harnesses for cars and vehicles, valued at 22 million euros, in the 10th of Ramadan City in Novem... |
Egypt >> 10/28/2024 - Prime Minister Moustafa Madbouly met with Minister of Finance Ahmed Kouchouk. Minister of Finance Ahmed Kouchouk expressed optimism about having ‘constructive’ discussions with the Internat... |
Egypt >> 10/28/2024 - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, oversaw the signing of an agreement between China's BAIC Company and Alkan Auto Company, part o... |
Egypt >> 10/28/2024 - The Egyptian Ministry of Supply and Internal Trade is set to embark on ambitious commercial development projects in Beni Suef and Sharqia governorates, allocating 4.8 billion Egyptian pounds. ... |
Egypt >> 10/28/2024 - The Ministry of Planning, Economic Development, and International Cooperation has announced the approval of three major financing programs by the Green Climate Fund (GCF) to drive climate change mitig... |
Egypt >> 10/28/2024 - Saudi Arabia topped the list of BRICS countries importing from Egypt during the first 8 months of the current year 2024, according to data from the Central Agency for Public Mobilization and Statistic... |
Egypt >> 10/28/2024 - The Central Agency for Public Mobilization and Statistics (CAPMAS) issued Monday a statement on Egyptian-Algerian relations, as the volume of Egyptian exports to Algeria increased to record $605 milli... |
Egypt >> 10/28/2024 - Environment Minister Yasmin Fouad said that "Agrimaster" factory for manufacturing paper and cardboard in the 6th of October works on recycling waste of paper and cardboard to produce different kinds ... |
Egypt >> 10/28/2024 - The United Bank has announced its intention to offer 30 percent of its capital, equal to 330 million shares owned by the Central Bank of Egypt (CBE), on the Egyptian Stock Exchange (EGX) this. ... |
Egypt >> 10/28/2024 - The projects that will receive GCF funding include initiatives focused on greening financial systems, the Smart Climate-Resilient Agriculture Investment Fund, and the Facility for Expanding Climate-Re... |
Egypt >> 10/27/2024 - Prime Minister Mostafa Madbouly issued a decree stipulating that The Sovereign Fund of Egypt (TSFE) be affiliated with the Ministry of Investment and External Trade, the Egyptian Gazette said. ... |
Egypt >> 10/27/2024 - Egypt’s former minister of finance Mohamed Maait has been elected as the executive director and member of the Executive Board, representing Arab countries and the Maldives at the International Monetar... |
Egypt >> 10/26/2024 - Prime Minister Mostafa Madbouli emphasized state’s focus on restructuring all governorates, ensuring development reaches every corner nationwide. In a press conference held after his visit ... |
Egypt >> 10/26/2024 - Executive Director of the International Monetary Fund (IMF) for the Middle East and the Maldives Mohamed Maait affirmed commitment to intensifying efforts to support Arab economies in fostering growth... |
Egypt >> 10/26/2024 - Prime Minister Moustafa Madbouli emphasized keenness of the government on reinforcing sectors producing components of various projects, in particular the pumps that represent a key aspect for drinking... |
Egypt >> 10/26/2024 - Prime Minister Moustafa Madbouli inspected the factory of the German company of Knauf for plaster rods and products. This came during Madbouli’s visit to Suez which included a number of pro... |
Egypt >> 10/26/2024 - Investment Minister Hassan El Khatib has reviewed the current and future investments of Koch Inc. in Egypt. The minister had a meeting with officials from Koch Inc and its affiliated compan... |
Egypt >> 10/26/2024 - Executive Vice Officer of the General Authority for Investment and Free Zones (GAFI) Yasser Abbas affirmed commitment to providing full support to Chinese companies, opening new strategic partnership ... |
Egypt >> 10/26/2024 - Environment Minister Yasmine Fouad said the Green Climate Fund (GCF) approved during the 40th Board Meeting proposals for financing several programs in a number of countries, including greening financ... |
Egypt >> 10/26/2024 - Prime Minister Moustafa Madbouli inspected Universal Furniture Factory in the free zone in Suez's Attaqa district. He asserted his keenness on weekly visits to the governorates and inspecti... |
Egypt >> 10/26/2024 - President Abdel Fattah El Sisi places a high priority on the healthcare sector, aiming to fulfill Egyptians’ dream of universal healthcare coverage, Prime Minister Mostafa Madbouli said. He... |
Egypt >> 10/26/2024 - Minister of Environment, Yasmin Fouad commended a decision by the Arab Academy for Science and Technology (AAST) for integrating environmental programs into its educational and training initiatives. |
Egypt >> 10/26/2024 - Minister of Water Resources and Irrigation Hany Suwilam asserted that more than 56% of new Dairut barrages were implemented until now. Suwilam pointed out that Bahr Youssef barrages which s... |
Egypt >> 10/26/2024 - Arab Women Investors Union chief Hoda Yassin praised the speech of President Abdel Fattah El Sisi during his participation in the BRICS summit, in which he stressed the Egyptian state's support for pr... |
Egypt >> 10/26/2024 - Prime Minister Moustafa Madbouli handed over the title deeds of the residential units of a presidential initiative on developing the capitals of the governorates and major cities in Suez governorate.<... |
Egypt >> 10/26/2024 - Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said that international reports on increasing debt burdens on countries in the African continent prove the impo... |
Egypt >> 10/26/2024 - Governor of the Central Bank of Egypt (CBE) Hassan Abdullah participated in the 4th G20 Finance Ministers and Central Bank Governors Meeting, which took place over two days on October 23 and 24, on th... |
Egypt >> 10/26/2024 - Finance Minister Ahmed Kouchouk said the Egyptian government looks forward to enhancing cooperation with the United States Chamber of Commerce (USCC) to attract further foreign direct investments in d... |
Egypt >> 10/26/2024 - Minister of Investment and Foreign Trade Hassan el Khatib said the Egyptian government is working on a strategy to improve the investment climate, citing the introduction of monetary, financial and ta... |
Egypt >> 10/24/2024 - Ambassador Serenade Gamil, The Egyptian Ambassador to Armenia met with Mr. Gevorg Baboyan, Armenia's Minister of Economy, to discuss various aspects of bilateral relations and explore ways to enhance ... |
Egypt >> 10/24/2024 - Trade between Egypt and BRICS countries surged to $30.2 billion during the first eight months of 2024, a 15% increase compared to $26.2 billion in the same period of 2023, according to data from the C... |
Egypt >> 10/23/2024 - Egypt to start reevaluating the timing of economic reforms with The International Monetary Fund, Prime Minister Mostafa Madbouly announced. “Based on the recent economic developments in Egy... |
Egypt >> 10/23/2024 - The Egyptian Cabinet has given the green light for the establishment of a new special economic zone dedicated to the production of citrus concentrates. The zone, named "Ghrs for Citrus Con... |
Egypt >> 10/23/2024 - Deputy Prime Minister and Health and Population Minister Khaled Abdel Ghaffar asserted the importance of the exchange of expertise between Egypt and Cyprus to boost healthcare services and improve pub... |
Egypt >> 10/21/2024 - Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din, received on Monday a delegation from the Chinese Yingtan City -led by Chairman of the Yingtan Municipal Committee for the Chinese ... |
Egypt >> 10/21/2024 - The Cabinet Media Center has dismissed as groundless reports on issuing a decision to reduce car imports by 20 percent to become 8,000 cars a month instead of 10,000. In a statement, the ce... |
Egypt >> 10/19/2024 - Prime Minister Mostafa Madbouly announced that, following the recent increase in fuel prices, if global prices stabilize at an average of $73 per barrel, there will be no further hikes until the end o... |
Egypt >> 10/19/2024 - Egypt's Consul General in Melbourne Haitham Mokhtar visited Shepparton city, which is located 200 kilometers away from central Melbourne, Australia, for talks on cooperation in the domain of water man... |
Egypt >> 10/19/2024 - Prime Minister Moustafa Madbouli said the new road network built recently in Egypt has contributed to luring more investments. At a press conference on Saturday 19/10/2024 following an insp... |
Egypt >> 10/19/2024 - Egypt's agricultural exports have surpassed 6.9 million tons between January 1st - October 16, to reach 4.37 billion dollars, the Ministry of Agriculture and Land Reclamation announced . Th... |
Egypt >> 10/19/2024 - Egyptian Ambassador to Senegal Khaled Aref emphasized the necessity of promoting bilateral economic, trade and investment relations, through harmonizing efforts of the foreign ministries and relevant ... |
Egypt >> 10/19/2024 - Prime Minister Moustafa Madbouli said that sanitation projects represent a top priority on the agenda of the presidential initiative Decent Life. Madbouli said the state seeks the expansion... |
Egypt >> 10/19/2024 - Prime Minister Moustafa Madbouli said his visit to Minya is meant to focus on following up on a number of projects of presidential initiative “Decent Life” for developing the Egyptian countryside whos... |
Egypt >> 10/14/2024 - As part of the seventh Cairo Water Week, Egypt and the Netherlands have signed a memorandum of understanding (MoU) aimed at bolstering cooperation in water management and climate change adaptation. |
Egypt >> 10/14/2024 - Prime Minister Moustafa Madbouly chaired a meeting this evening of the Coordinating Council for Fiscal and Monetary Policies to discuss several priority economic issues. Attendees included... |
Egypt >> 10/14/2024 - Egyptian Minister of Electricity and Renewable Energy Mahmud Esmat discussed with Greek Minister of Environment and Energy Theodoros Skylakakis and his accompanying delegation the latest developments ... |
Egypt >> 10/13/2024 - Cabinet held a press conference at the government headquarters in the New Administrative Capital, to announce Egypt's hosting of the 12th edition of the World Urban Forum. The event was att... |
Egypt >> 10/13/2024 - During Cairo Water Week, Minister of Planning and Economic Development, Rania Al-Mashat, and EU Ambassador, Christian Berger, signed the €7 million European Green Facility initiative. This ... |
Egypt >> 10/13/2024 - Minister of Housing Sherif El-Sherbini stated that Egypt has successfully found solutions to the chronic issues that have plagued urban development. This came during the press conference a... |
Egypt >> 10/13/2024 - Within the framework of cooperation and experience sharing between the Ministry of Petroleum and Mineral Resources (MoPMR) and international institutions in the fields of sustainability and emissions ... |
Egypt >> 10/13/2024 - Chairman of the General Authority for Suez Canal Economic Zone (SCZone) Walid Gamal El Din said during a recent promotional tour of China the zone succeeded in attracting Chinese investments that exce... |
Egypt >> 10/12/2024 - Minister of Public Business Sector Mohamed Shimi emphasized that Egypt pays great attention to the development of public sector companies within the New Republic era. The minister made his ... |