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Financials and Investment News in Egypt

Madbouli: State Seeks to Increase Production of Oil Crops
2/6/2023 - The state has been working on increasing the production of oil crops and supporting the edible oil industry as part of a government plan to support locally-made foodstuffs for citizens, said Prime Min...
OIF High-Level Economic Forum Kicks Off in Cairo
2/6/2023 - Organized by the Foreign Ministry in cooperation with the OIF, a high-level economic forum opened here earlier.

Short for the International Organization of La Francophonie, the OIF has disp...
Transport Min. Inspects Workflow of 1st Phase of LRT Project
2/6/2023 - Transport Minister Kamel El Wazir made an inspection tour of the first phase of the Light Rail Transit (LRT) project.

The tour began with an inspection of the work sites at the Mohamed Nagu...
Minister Of Military Production Conferred With Romanian Minister of Economy
2/6/2023 - Minister of Military Production Mohamed Salah El-Din conferred on Monday with Romanian Minister of Economy Florin Spataru on means of bolstering joint cooperation.

During the meeting, Salah...
Supply Minister, EIB Discuss Construction of Silo in Damietta's Port
2/8/2023 - Minister of Supply and Internal Trade Ali Moselhy discussed with the European Investment Bank (EIB) delegation, headed by bank official Lionel Raphael, the construction of a large silo in Damietta's p...
Mashat Stresses Depth of Partnership With EU, OECD in Various Domains
2/8/2023 - International Cooperation Minister Rania Mashat stressed the importance of the program for the EU-funded project “Support to Enhanced Administrative and Public Economic Governance in Egypt" which is b...
WB Lauds Developing Education Experiment in Egypt
2/8/2023 - Vice President for Human Development at the World Bank (WB) Mamta Murthi lauded the experiment of developing education in Egypt via developing curricula and inventing new tracks.

Murthi ass...
Pm Inspects New Factory of Confectionery & Chocolate Co. (Corona) in Giza
2/11/2023 - Prime Minister Mostafa Madbouli made an inspection tour of a new factory affiliated to Alexandria Confectionery & Chocolate Co. (Corona) in the Industrial Park of Giza's 6th of October City.

...
PM inspects major PPP real estate project
2/11/2023 - Prime Minister Mostafa Madbouli made an inspection tour of the important "Sun Capital" real estate project which is one of the first projects to be based on the public-private partnerships (PPP) model...
PM: State Supports Private Sector to Increase Its Economic Share
2/11/2023 - Prime Minister Mostafa Madbouli said that the state is doing everything it can to help the private sector contribute more to the Egyptian economy.

“My office is ready to take any ideas or c...
PM Inspects First Three Stages of Sun Capital Project
2/11/2023 - Prime Minister Moustafa Madbouli inspected the first three residential stages of the Sun Capital project, west Cairo.

Madbouli was accompanied during his tour in the Sixth of October City w...
PM Inspects First Three Stages of Sun Capital Project
2/11/2023 - Prime Minister Moustafa Madbouli inspected the first three residential stages of the Sun Capital project, west Cairo.

Madbouli was accompanied during his tour in the Sixth of October City w...
PM: Sisi Urges Achieving Significant Shift in Development Projects in N. Sinai
2/12/2023 - President Abdel Fattah El Sisi directed the government to bring about a significant shift in the development projects under way in North Sinai, whether road or service projects, for better quality of ...
Madbouli Says State Bodies Work to Provide Incentives to Advance Industry
2/12/2023 - Prime Minister Mostafa Madbouli said different State bodies are working to provide incentives and facilitation for advancing industry and increasing exports.

Madbouli's remarks came during ...
Egypt Moves Steadily Toward Attaining Green Recovery: Finance Minister
2/12/2023 - Egypt, under its wise leadership, is moving steadily toward attaining green recovery, said Finance Minister Mohamed Maait.

Egypt is working tirelessly to transform environmental challenges...
Egypt Takes Important Steps to Avoid Financial Risks: IMF
2/12/2023 - Egypt is taking important steps to avoid financial risks, said Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.

Speaking before the Seventh Arab Fiscal Foru...
Fitch Solutions Expects 11.6 Million Tourists to Visit Egypt in 2023
2/12/2023 - The Cabinet Information and Decision Support Center has said that Fitch Solutions expects an increase in the number of tourists coming to Egypt in 2023 and up to 2026 in a way that will increase touri...
Dollar Price Stable at Start of Sunday's Transactions at Egypt's Major Banks
2/12/2023 - The US dollar exchange rate was stable at the beginning of Sunday's transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP ...
Egyps 2023 Became Important Platform In Oil, Gas Industry - Molla
2/12/2023 - Petroleum Minister Tarek el Molla said Egypt Petroleum Show (EGYPS 2023), now in its sixth edition, has become an important platform for petroleum and gas leaders, influencers and service providers in...
El Quseir, Chadian Counterpart Discuss Joint Cooperation
2/13/2023 - Agriculture and Land Reclamation Minister El Sayyed El Quseir me with Chadian Minister of State for Agricultural Production and Transformation Lauken Korayo Medar, to intensify ways of cooperation in ...

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