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Egypt’s Cabinet Approves France’s Alstom Proposal to Establish Industrial Complex
Egypt >> 7/5/2023 - An investment plan by French company Alstom was approved in principle by the cabinet to establish an industrial complex in Alexandria.

The cabinet will then study the requirements and ince...
Dollar Prices Stable at Start of Wednesday’s Transactions
Egypt >> 7/5/2023 - The dollar exchange rate was stable at the start of Wednesday’s transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.7...
El Qusier: State Working on Expanding Production of Highly Productive Seeds
Egypt >> 7/5/2023 - Minister of Agriculture and Land Reclamation El Sayed el Qusier said the ministry is working on expanding production of highly productive seeds for strategic crops, to help farmers increase their inco...
Egypt Sees Decrease in Exports/Imports And Increase in Trade Balance Deficit
Egypt >> 7/6/2023 - The foreign trade data bulletin for April, issued by the Central Agency for Public Mobilization and Statistics, showed an increase in the trade balance deficit value by about 23.8 percent after it rea...
Maait: EGP 6.8 Trln Value of E-Payment of Gov't Services Until May
Egypt >> 7/6/2023 - Finance Minister Mohamed Maait said the value of e-payment of government services hit about 6.8 trillion pounds until the end of May.

He noted that no extra fees are imposed on citizens via...
El Qousair: Egypt Shares Agricultural Experience to Help Arab Countries
Egypt >> 7/6/2023 - Agriculture Minister Sayed El Qousair has underlined the need to boost cooperation between his ministry and the Arab League’s Arab Organization for Agricultural Development (AOAD).

The mini...
Egypt Conducts Studies to Expand Electricity Linkage With Libya, Jordan
Egypt >> 7/6/2023 - Minister of Electricity and Renewable Energy Mohamed Shaker told Youm7 that studies are underway to raise the output of electricity linkage with Libya from 150 megawatts to 2,000 megawatts.

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House Speaker Says Amendments to Investment Law of Special Importance
Egypt >> 7/9/2023 - Speaker of the House of Representatives Hanafy Gebaly said that a bill submitted by the government to amend the investment law is of special importance and nature.

It directly affects the...
SCZONE: We Are Keen on Cooperation With Chinese Firms
Egypt >> 7/9/2023 - The Suez Canal Economic Zone (SCZONE), said Dr. Ibrahim Abdel-Khalek, Vice chairman of (SCZONE) for Investment and Promotion Affairs, and Mr. Ahmed Saad, SCZONE’s CEO, received a business delegation f...
Dollar Prices Stable at Start of Sunday's Transactions at Egypt's Major Banks
Egypt >> 7/9/2023 - The dollar exchange rate was stable at the start of Sunday’s transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 f...
Al-Mashat Heads to Beijing to Participate In Meeting of The Forum on Global Action
Egypt >> 7/9/2023 - The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat headed to the Chinese capital, Beijing, to participate in the 1st High-Level Meeting of the Forum on Global Action for Shared Dev...
Egypt’s E-Commerce Volume Rises to $30 Bln: Senior Banker
Egypt >> 7/10/2023 - The volume of e-commerce in Egypt has increased to US$30 billion, said the CEO and Managing Director of United Bank, Ashraf al-Kady, adding that 72 percent of Egyptians have switched to online shoppin...
Tourism Revenues in Egypt to Rise to $14.4 Bln: Fitch Solutions
Egypt >> 7/10/2023 - The Fitch Solutions agency issued a report expecting tourism revenues in Egypt to rise to US$14.4 billion in 2023, compared to $13 billion during 2022.

The report anticipates recovery in th...
Egypt Inflation Hits All-Time High in June, Reaching 36.8%
Egypt >> 7/10/2023 - Egypt's headline inflation maintained its upward trend in June, reaching 36.8 percent, compared to 34.8 percent in May, as announced by the Central Agency for Public Mobilization and Statistics (CAPMA...
Protocol to Launch 2nd Phase of Award on Confronting Climate Change in Africa
Egypt >> 7/10/2023 - The Egyptian Environmental Affairs Agency (EEAA), affiliatedto the Ministry of Environment, and the Association for Sustainable Quality of Living (Estidama) has signed a co-operation protocol for the ...
FAO Delegation Visits DRC in South Sinai to Discuss Sustainable Development Projects
Egypt >> 7/10/2023 - A delegation of the Food and Agriculture Organization (FAO) paid a visit on Monday to the premises of the Desert Research Center (DRC) station in South Sinai to discuss means of implementing sustainab...
PM Follows Up on Procedures of Localizing Industry, Production Requirments
Egypt >> 7/10/2023 - Prime Minister Moustafa Madbouli said the state has introduced a set of unprecedented incentives meant to localize multiple strategic industries, in order to secure the availability of high-demand pro...
IDSC: Egypt Jumps to 24th Place in 2022 IATA’s Air Connectivity Index
Egypt >> 7/11/2023 - Egypt has witnessed a high ranking of its aviation networks, reflecting a boost in the country's global connectedness, according to a report by the cabinet's Information and Decision Support Center.
Pm Attends Inking of Mou Between Planning Ministry And Ida
Egypt >> 7/11/2023 - Prime Minister Moustafa Madbouli attended, on Tuesday 11-July-2023, the inking ceremony of a memorandum of understanding between the Ministry of Planning and the Industrial Development Authority (IDA)...
Mashat: Global Inflation, Economic Repercussions Upped Development Requirements
Egypt >> 7/11/2023 - International Cooperation Minister Rania el Mashat asserted the development cooperation has played an active role in financing development and climate action agenda in developing countries.

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