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Sisi Directs Gov't to Issue Incentives Including Tax Breaks to Back Strategic Industries
Egypt >> 8/27/2023 - Egypt’s President Abdel-Fattah El-Sisi directed the government to implement a package of incentives, including tax exemptions, to support projects in strategic industries.

The Cabinet will ...
Market Watch: Egyptian Bourse's Main Index Reaches Highest Level Ever on Sunday
Egypt >> 8/27/2023 - The Egyptian Exchange started the week with a record high as the new chairman started his term. The benchmark index EGX30 reached its all-time high at 18,516.59 points. On the other hand, gold prices ...
PM Asserts Gov’t Keenness on Providing Basic Goods in Markets
Egypt >> 8/28/2023 - Prime Minister Mostafa Madbouli met, 28-8-2023, with Supply and Internal Trade Minister Ali Moselhi in the government’s HQ in New Alamein Cityto review efforts to provide main goods for citizens natio...
ECOSOC's Economic Committee Meetings Kick Off in Cairo
Egypt >> 8/28/2023 - The economic committee of the Arab Economic and Social Council convened here on Monday in preparation for the 112th session of the Arab Economic and Social Council (ECOSOC), due to convene on Thursday...
Dubai Chamber Of Commerce Showcases Benefits of ‘Business Sectors Platform’ for Business Groups
United Arab Emirates >> 8/28/2023 - Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has hosted an awareness-raising session on the competitive advantages offered as part of the Busine...
Dubai Logs Over AED1.9bn in Realty Transactions Monday
United Arab Emirates >> 8/28/2023 - Dubai's real estate market recorded 639 sales transactions worth AED1.62 billion, in addition to 147 mortgage deals totalling AED267.43 million, and 24 gift deals amounting to AED45.74 million, data r...
E& Capital Invests in Ikigai Labs to Bring Generative AI for Tabular Data to All Enterprises in MENA
United Arab Emirates >> 8/28/2023 - e& capital today announced its participation in the Series A financing round for Ikigai Labs, a pioneering firm harnessing the power of generative AI for tabular data.

Ikigai Labs has secur...
Egypt, Portugal to Partner Up in Healthcare, Pharmaceutical Sectors
Egypt >> 9/3/2023 - Egyptian Ambassador to Lisbon Wael al-Nagar met earlier this week Portuguese Minister of Health Manuel Pizzaro to discuss the implementation of cooperation agreed upon during the latter's visit to Cai...
Transport Minister Follows Up 1st Line of High-Speed Train
Egypt >> 9/3/2023 - Transport Minister Kamel el Wazir checked on the workflow of the first line of the High Speed Rail network project (Ain Soukhna / El Alamein / Matrouh / Fayoum).

The minister's tour began ...
Egypt’s Foreign Assets Deficit Declines By 3% in July
Egypt >> 9/3/2023 - The deficit in Egypt's foreign assets deficit declined by nearly 3 percent - EGP 24.92 billion ($807.95 million) - on a monthly basis in July, as assets rose at a pace faster than the growth in liabil...
COP28 Provides A Fresh Opportunity to Further Unite Global Efforts to Reduce Carbon Emissions
Egypt >> 9/3/2023 - Tarek El Molla Minister of Petroleum & Mineral Resources, confirmed that the 28th Conference of the Parties on Climate Change (COP 28), which will be hosted by the UAE from 30th November to 12th Decem...
Uae’s Global Investments Holding Acquires 30% Stake in Eastern Company for Tobacco
United Arab Emirates >> 9/4/2023 - The UAE’s Global Investments Holding company has agreed to acquire 30 percent of the total shares of the Eastern Company for Tobacco.

Under the agreement, Global Investments will acquire 30...
Egypt Signs €340 Mln Contract to Develop Cairo-Beni Suef Railway Corridor
Egypt >> 9/4/2023 - Egyptian National Railways (ENR) signed a €340 million ($367.05 million) contract with the UAE's Orascom Construction and French electrical systems company Thales, to develop the Cairo-Beni Suef railw...
ICT Minister Visits US to Discuss Ways of Attracting Foreign Investment
Egypt >> 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
Egypt >> 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
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
Egypt >> 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
Egypt >> 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
Egypt >> 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
Egypt >> 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...

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