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Financials and Investment News in Egypt

Japanese Amb.: $110,000 to Support Egypt's Small Enterprises
6/20/2023 - Japanese Ambassador to Egypt Oka Hiroshi his country will provide a grant worth 110,000 dollars to Egypt to support its small enterprises as part of a Japanese aid program.

During a meeting...
Extension of The Application Period for The National Smart Green Projects Initiative
6/21/2023 - Minister of Planning and Economic Development Hala El-Saeed, , announced the extension of the application period for the national initiative for smart green projects until July 2023, which is submitte...
IDSC: 31.4 % Reduction in Value of Non-Petroleum Trade Deficit in1st Quarter in 2023
6/21/2023 - The Cabinet's Media Center highlighted a reduction by 31.4 % in the non-petroleum trade deficit during the first quarter of 2023 to hit 3.8 billion dollars, compared to the same quarter in 2022 that r...
CAPMAS: Egypt's Exports to France Up 61% in 2022
6/21/2023 - Egypt's exports to France went up 61 percent in 2022, hitting 1.8 billion dollars, up from 1.1 billion dollars the year before.

Data released by the Central Agency for Public Mobilizatio...
Will Gold Prices Continue to Drop Or Regain Strength After Eid Al-Adha?
6/21/2023 - An unknown rise in gold prices came before the last Eid al-Fitr holiday, until Prime Minister Mostafa Madbouly met with senior merchants and the Gold Division, and put forward several proposals that l...
PM Urges Securing Citizens' Needs of Meat & Staples Ahead of Eid Ul-Adha
6/24/2023 - A delegation from the Suez Canal Economic Zone (SCZone), led by Chairman Walid Gamal Eddin, discussed during a meeting in Mumbai, India, with representatives of major Indian industrial companies actio...
Trade Exchange Between Egypt, India Up to 6 Billion Dollars
6/24/2023 - The volume of trade exchange between Egypt and India was up to six billion dollars in 2022, against 5.3 billion dollars in 2021 with an increase of 13.7%, according to statistics by Central Agency for...
SCZONE Delegation, India's Top Motorcycle Exporter Discuss Expanding Operations in Egypt
6/24/2023 - India’s leading motorcycles export company, Bajaj Auto, expressed its desire to expand activities in Egypt through setting up an industrial project in the Suez Canal Economic Zone (SCZONE), especially...
Alexandria Chamber of Commerce Named World's Best Chamber for 2023
6/24/2023 - Alexandria Chamber of Commerce in Egypt has won the award of the World's Best Chamber for the year 2023 in recognition of undertaking the best unconventional project, the International Chamber of Comm...
Egypt Advances 6 Spots in Sustainable Development Report 2023 Rankings
6/24/2023 - Egypt moved up six spots in the 2023 Sustainable Development Report rankings, settling at number 81 out of a total of 166 countries surveyed, the Ministry of Planning and Economic Development announce...
Segypt, Saudi Arabia Discuss Cooperation in Boosting Exports
6/24/2023 - Head of the Egyptian Commercial Service (ECS) Yehia El Wathiq Bellah discussed in a meeting with CEO of the Saudi Export Development Authority Abdulrahman Althukair ways of fostering cooperation in bo...
India’s Platinum Industries to Carry Out Investment Project Worth $20m in Sokhna Area
6/24/2023 - President of the Suez Canal Economic Zone (SCZONE) Waleed Gamal Eddin has announced that Platinum Industries, a leading PVC & CPVC additives manufacturer in India, has launched a project in Sokhna ind...
Maait: 'Sustainable Debt Alliance' Is Strong Momentum to Green Investments in Developing States
6/24/2023 - Finance Minister Mohamed Maait asserted that the "Sustainable Debt Alliance", which will be officially launched in September is a strong momentum to green investments in developing countries, accordin...
Egyptian Travellers Bring Home 306 Kg of Duty-Free Gold in 42 Days
6/24/2023 - Egyptian travellers returning from abroad have brought more than 306 kilograms of gold exempted from customs duties and other fees from 11 May to 22 June, said the Egyptian Customs Authority (ECA) in ...
Egypt Holds Political Consultations With Sweden, Czechia, Slovenia
6/25/2023 - Assistant to the Minister of Foreign Affairs for European Affairs Ehab Nasr held a European tour that included Sweden, Czechia, and Slovenia to participate in political consultations on bolstering bil...
Al-Mashat Witnesses Egyptsat 2 Satellite Assembly & Testing
6/25/2023 - The Minister of International Cooperation Dr. Rania A. Al-Mashat, witnessed the completion ceremony of the assembly and testing of the satellite MisrSat 2, in cooperation with China, today, at the hea...
Up 6 Spots in SDG Rankings 2023 — Report
6/25/2023 - Egypt moved up six spots in the 2023 Sustainable Development Report rankings, settling at number 81 out of a total of 166 countries surveyed, the Ministry of Planning and Economic Development announce...
PM Urges Securing Citizens' Needs of Meat & Staples Ahead of Eid Ul-Adha
6/25/2023 - Prime Minister Mostafa Madbouli instructed the bodies concerned to work for securing citizens' needs of meat and food staples at consumer outlets nationwide, as part of the preparations under way for ...
Egypt Raises Gold Jewellery Processing Fees by 10%
6/25/2023 - The Gold Division at the Cairo Chamber of Commerce announced raising the gold processing fees for gold jewellery by 10 percent as of 1 July.

Under the new decision, the 100-gram 24-karat go...
Arab Countries Import 1.730 Million Ton of Agricultural Commodities From Egypt
7/3/2023 - Egyptian governmental data revealed that the Arab countries topped the geographical blocs that imported agricultural commodities and agricultural products from Egypt during the export season that bega...

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