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Financials and Investment News in Egypt

Housing Minister Meets Chinese General Architectural Company Vice President
10/4/2022 - Dr. Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, met with Dr. Zhao Pei, Vice President of the Chinese General Company for Architectural Engineering “CSCEC”, responsible for i...
Egypt Wins Membership of ITU Administrative Council
10/4/2022 - Egypt has won the membership of the Administrative Council of the International Telecommunication Union (ITU) for Africa from 2023-2026, after being re-elected to the membership of the ITU Council in ...
Social Solidarity Min. Orders Urgent Aid of EGP 25,000
10/4/2022 - Social Solidarity Minister Nivine el Kabbag decided to disburse an urgent aid of EGP 25,000 to the family of a schoolgirl, who were killed when a staircase at El Moatamadeyah Preparatory School for Gi...
Mashat Confers With Singaporean Minister on Enhancing Joint Cooperation
10/4/2022 - Minister of International Cooperation Rania El Mashat met 4-10-2022 with Senior Minister in the Singapore Cabinet Tharman Shanmugaratnam on means of boosting joint cooperation as well as Egypt's pre...
Egypt Advances Five Places in Global Innovation Index for 2022: IDSC
10/4/2022 - Egypt advanced five places in the Global Innovation Index (GII) for 2022, said the Cabinet's Information Decision and Support Center (IDSC).

Egypt ranked 89th globally out of 132 countries...
Finance Min. Says Sisi Reshaping Egypt's Economy
10/5/2022 - Finance Minister Mohamed Maait said that President Abdel Fattah El-Sisi is reshaping Egypt's economy by empowering the private sector, so that it has a greater role in economic development.

...
Int'l Cooperation Ministry Highlights Aspects of Egypt-WBG Cooperation
10/10/2022 - The International Cooperation Ministry reviewed the most significant features of development cooperation between Egypt and the World Bank Group (WBG).

This came in a report, issued by th...
PM Follows Up on Progress of National Initiative for Green Smart Projects
10/10/2022 - Prime Minister Mostafa Madbouli asserted the importance of the National Initiative for Green Smart Projects to achieve sustainable development by outlining a map that helps investors to identify the p...
Egypt’s Monthly Inflation Rises by 1.6% in September
10/10/2022 - The monthly inflation rate inched up by 1.6 percent in September compared to August, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

On a monthly basis, in...
Mashat Participates in IMF-World Bank Annual Meetings
10/10/2022 - International Cooperation Minister Rania el Mashat starts a visit to Washington to attend the 2022 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), which will s...
GITEX's 42nd Edition Opens in Dubai
10/11/2022 - GITEX Global 2022 kicked off at the Dubai World Trade Centre, with the participation of 5,000 exhibitors spanning 26 halls and two million sq. ft of exhibition space, with a notable increase of 25 per...
WB: Egypt Achieves Highest Growth Rate in ME, North Africa
10/11/2022 - Despite the challenges and difficulties facing the global economy, the Egyptian State was able to manage the economic risks arising from international changes in a thoughtful and systematic way, and m...
Al-Mashat Participates in Session on “Greening The Financial Sector”
10/11/2022 - The Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG) Rania A. Al-Mashat participated in the Organisation for Economic Co-operation and Development (OECD) and t...
Cairo, Lenovo Company Probe Investment Opportunities in Egypt
10/11/2022 - Minister of Communications and Information Technology Amr Talaat has discussed with President of Lenovo’s Europe, Middle East, and Africa (EMEA) Giovanni Di Filippo the company’s investment interests ...
Gamea Stresses Importance of US Congressional Delegation's Visit Turathna Exhibition
10/11/2022 - Chief Executive Officer of the Micro, Small & Medium Enterprise Development Agency (MSMEDA) Nevine Gamea stressed the importance of US Congressional delegation's visit to the fourth Turathna Exhibitio...
US Dollar Exchange Rate Stable at Major Banks in Egypt
10/11/2022 - The US dollar exchange was stable at the beginning of Tuesday's transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.6...
Military Production Min. Stresses Need of Optimal Use of National Industrial Capabilities
10/11/2022 - State Minister of Military Production Mohamed Salaheldin Moustafa underlined the importance of the optimal use of national industrial capabilities.

The minister also pointed out to the nece...
Finance Minister to Take Part in IMF WB Group Annual Meetings
10/11/2022 - Finance Minister Mohamed Ma'ait will be taking part in annual meetings of the International Monetary Fund (IMF) and World Bank Group, which will kick start in Washington later .

Themed “Uni...
Economic Growth Should Be Accompanied by Transitioning to Green Economy: Mohieldin
10/11/2022 - UN Climate Change High Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda Dr Mahmoud Mohieldin confirmed that this is the time for all countries, especially...
Egypt's Economy More Capable of Green Recovery: Finance Minister
10/12/2022 - Egypt's economy has become more capable of green recovery despite the daunting global challenges, affirmed Finance Minister Mohamed Maait.

The national economy has also become stronger to ...

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