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Financials and Investment News in Egypt

ICT Minister Visits US to Discuss Ways of Attracting Foreign Investment
9/11/2023 - The Minister of Communications and Information Technology Amr Talaat headed to the US on a four-day visit to meet with various officials from major ICT international companies, said the ministry in a ...
PM Follows Up New Projects in China-Egypt TEDA Zone
9/11/2023 - Prime Minister Mostafa Madbouli asserted the government is paying great attention to Chinese investments in the Suez Canal Economic Zone (SCZone).

Several Chinese companies seek to invest i...
Mashat: WB Is Leading Development Partner in Egypt
9/11/2023 - Minister of International Cooperation Rania El Mashat conferred with World Bank Human Development Director for Europe and Central Asia Region Fadia Saadah on means of bolstering partnership between Eg...
Egypt Signs Mou With China to Boost Mango Exports
9/16/2023 - Egypt signed a memorandum of understanding (MoU) with China to open the Chinese market to Egyptian mangoes, according to a statement by the Ministry of Agriculture and Land Reclamation.

The...
IDA Chief: Digital Transformation Represents Leap in Providing Services for Investors
9/16/2023 - Chairman of the Industrial Development Authority (IDA) Mohamed Abdel Karim said that the comprehensive digital transformation project of the authority is a historic turning point towards providing int...
Planning Minister Has Busy Schedule at SDG Summit 2023 in New York
9/16/2023 - Minister of Planning and Economic Development Hala El Said will take part in the Sustainable Development Goals (SDG) Summit 2023, which is slated for September 17-19 in New York, the US.

Mi...
Mashat Meets Hong Kong Chief Executive
9/16/2023 - Minister of International Cooperation Rania el Mashat met with Hong Kong Chief Executive John Lee on the sidelines of Belt and Road Summit and discussed with him ways of promoting joint cooperation an...
MSMEDA Inks EGP150-Million Deal to Develop Desert Hinterland Villages
9/16/2023 - The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an EGP150-million funding contract with Tamweely Company to develop desert hinterland villages.

The agency det...
IT Minister Meets Egyptian Businessmen in US
9/16/2023 - Minister of Communications and Information Technology Amr Talaat held an expanded meeting with a galaxy of Egyptian businessmen who are living in the US to discuss the most important projects of "Digi...
Implementation Progress of Abo Rawash's Waste-To-Energy Plant
9/16/2023 - Minister of State for Military Production Mohamed Salah Eldin Mostafa held a meeting to follow up on the implementation progress of Abo Rawash's waste-to-energy plant.

He held the meeting w...
GAFI, Investhk Sign MOU on Investment Promotion Cooperation
9/16/2023 - The CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Acting Director-General of Investment Promotion at InvestHK Jimmy Chiang co-signed a Memorandum of Understanding ...
Egypt, Hong Kong in Talks Over Cooperation, Green Finance Tools
9/16/2023 - International Cooperation Minister Rania el Mashat discussed with Hong Kong Finance Minister Paul Chan Mo-po ways of enhancing cooperation based on the State's development priorities as well as stimul...
Achieving Balanced Economic Performance to Contain Internal, External Shocks
9/16/2023 - Finance Minister Mohamed Maait said his ministry is keen that the national economy achieves a balanced performance in light of the current unprecedented global challenges prompted by the impact of the...
Egypt Chairs Arab Delegations to 7th Arab-China Cooperation on Energy
9/18/2023 - Deputy Minister of Electricity and Renewable Energy Osama Asran will lead the Arab delegations that will take part in the Arab-China Cooperation Conference on Energy, due to be held China's Hainan Pro...
Egypt Ranks Fourth Globally in Herbal Medicine Exports for 2022
9/18/2023 - The Information and Decision Support Center of the Council of Ministers recently unveiled a comprehensive report titled "Alternative Medicine: A Global and Local Overview." The detailed study delves i...
Egypt's Committed to Achieving Sustainable Development Goals
9/18/2023 - Minister of Planning and Economic Development Hala El Said announced that Egypt is committed to achieving the sustainable development goals.

During her participation in session (Local 2030 ...
Egypt Keen on Furthering Joint Cooperation With China
9/18/2023 - Egypt and China are bound by strategic ties that form a foundation for bolstering economic, trade, and investment cooperation, Minister of Trade and Industry Ahmed Samir said.

Samir made th...
Egypt’s Trade With G20 Countries Hit $88 Bln in 2022
9/18/2023 - The trade exchange between Egypt and G20 countries reached $88 billion in 2022, up 10 percent from $80.1 billion in 2021, reported by the Central Agency of Public Mobilization and Statistics (CAPMAS)....
Egypt to Establish €1B Tire Manufacturing Factory in Sczone
9/20/2023 - Egypt plans to establish a tire manufacturing factory, Rolling Plus, on an area of 400,000 square meters with investments of €1 billion.

The implementation of the project will be completed ...
Suez Canal Economic Zone, Shell Talk Cooperation on Green Hydrogen Projects
9/20/2023 - Chairman of the General Authority for the Suez Canal Economic Zone, Walid Gamal El Din, concluded his visit to the Kingdom of the Netherlands, after holding extensive meetings with major international...

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