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Egypt Introduces Silver Licenses for Startup Companies
Egypt >> 10/2/2023 - Egypt is planning to offer silver licenses for startup companies before the end of 2023, said Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI),.

Heiba exp...
AED 123.3 Bn Market Size of 100 Investment Opportunities Under ‘Abu Dhabi Channel Partners’
United Arab Emirates >> 10/2/2023 - Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED) has unveiled that ADDED will provide 100 investment opportunities, with a combined market size of AED 123.3 b...
Mbrsc Takes Centre Stage at Iac 2023 in Baku, Showcasing Uae's Presence in Global Space Exploration
United Arab Emirates >> 10/2/2023 - Dubai World Trade Centre (DWTC) has announced that Gulfood Manufacturing, the most influential annual F&B manufacturing event in the world, will take place from 7th to 9th November 2023.

T...
Minister: Moody's Change of Egypt's Future Outlook to Stable Reflects Gov’t Efforts
Egypt >> 10/7/2023 - Egyptian Minister of Finance Mohamed Maait said Moody's latest decision to revise the future outlook for the country’s economy from negative to stable reflects the government's efforts to accelerate s...
Egypt, OECD Discuss Cooperation
Egypt >> 10/7/2023 - Egypt, OECD discuss cooperation to transfer Egyptian int’l partnership experience to other developing states.

Egypt’s Minister of International Cooperation Rania Al- Mashat discussed coope...
PM: NAC's Central Business District to Be Important Destination for Int'l Firms
Egypt >> 10/7/2023 - The Central Business District in the New Administrative Capital will become one of the most important destinations aiming at attracting international firms to open their headquarters in Egypt and prov...
Trade Minister: Egyptian Real Estate Sector Represents Over 20% of GDP
Egypt >> 10/7/2023 - Trade and Industry Minister Ahmed Samir said the Egyptian real estate sector represents more than 20 percent of the Gross Domestic Product (GDP).

Samir added that the sector plays a key rol...
Military Production Minister: We Carry Out Several National Projects
Egypt >> 10/7/2023 - State Minister for Military Production Mohamed Salaheddin Mostafa asserted the necessity of exerting more efforts to help the military production company for information systems remain the most import...
Moody's Change of Egypt's Future Outlook to Stable Reflects Gov’t Efforts: Maait
Egypt >> 10/7/2023 - Egyptian Minister of Finance Mohamed Maait said Moody's latest decision to revise the future outlook for the country’s economy from negative to stable reflects the government's efforts to accelerate s...
Abu Dhabi National Exhibition Centre Wins Best Venue Award At C&IT Awards
United Arab Emirates >> 10/7/2023 - Abu Dhabi National Exhibition Centre, one of the ADNEC Group’s venues, won the “Best Venue - Rest of World” for 2023 at the International Conference & Incentive Tourism (C&IT) Awards, strengthening it...
Prime Minister Chairs Meeting of National Population Council
Egypt >> 10/10/2023 - Prime Minister Mostafa Madbouly chaired the meeting of the National Population Council.

He stressed that the population is one of the most important issues that have a high priority on the...
IMF Lowers Growth Forecast for Egyptian Economy to 3.6%
Egypt >> 10/10/2023 - The International Monetary Fund lowered its growth forecast for the Egyptian economy during the current fiscal year 2023-2024 to 3.6 percent, compared to its previous estimates of 4.1 percent.

...
Egyptian Banks Suspend Debit Card Usage Abroad
Egypt >> 10/10/2023 - Banks across Egypt have suspended debit cards in Egyptian pounds abroad to stop the drain of foreign currencies.

A large number of direct debit card holders recently used their cards for la...
Africa at Heart of Imf And Wbg Annual Meetings in Marrakech
Egypt >> 10/10/2023 - Strengthening the resilience of Africa, a crossroad between Europe and the rest of the world, is at the heart of discussions in the annual meetings of the International Monetary Fund (IMF) and the Wor...
Egypt’s Annual Headline Inflation Decelerates in September to 38%: CAPMAS
Egypt >> 10/10/2023 - Egypt’s annual headline inflation decelerated in September to 38 percent, down from 39.7 percent in August, the Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday.

...
Military Production Min Follows Up Proposed Budget of Affiliated Companies, Units
Egypt >> 10/11/2023 - Minister of Military Production Mohamed Salah Eddin underlined that the 2023-2024 FY proposed budget of the ministry's affiliated companies and units to focus on increasing contribution to implementin...
Egypt's Exports Record Significant Development, Reaching 311.7Bln During Last Decade
Egypt >> 10/11/2023 - Egyptian exports have witnessed remarkable developments in the last ten years, which led to the total value of Egyptian exports reaching about 311.7 billion dollars during the past 10 years, according...
Moody’s Downgrades Credit Ratings of Five Major Egyptian Banks to CAA1, B3
Egypt >> 10/11/2023 - Major credit rating agency Moody’s downgraded the ratings of five key Egyptian state-owned and private banks to CAA1 and B3.

Moody’s downgraded the state-owned National Bank of Egypt (NBE),...
Dutch Study Unveils Methods to Boost Egypt's Food Security
Egypt >> 10/11/2023 - Egypt has seen tremendous growth in the agricultural sector over the past 60 years.

The sector contributes nearly 11 percent of GDP and 18 percent of export earnings. It also employs 20 pe...
Egypt Real Estate Projects Tie for Second Highest Value in MENA: Report
Egypt >> 10/11/2023 - Egypt and the UAE shared the second place spot for value of ongoing real estate projects in the Middle East and North Africa (MENA) region in the first half (H1) of 2023, with both countries having $5...

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