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Trade Minister, German-Arab Chamber of Industry Examine Future Coop Opportunities
Egypt >> 11/8/2023 - Minister of Trade and Industry, Ahmed Samir, met with Jan Noether, CEO of the German-Arab Chamber of Industry and Commerce (AHK) to examine opportunities to enhance economic cooperation between Egypt ...
Egypt Approves Building New Private Free Zone in Ain Sokhna
Egypt >> 11/8/2023 - Egypt has approved the construction of a new private free zone in Ain Sokhna to produce feldspar and silica-free bio-quartz and lapitec panels, which have diverse industrial and decorative uses.
Egypt Eyes Extra EGP 70 Billion From Privatization in FY2023/2024
Egypt >> 11/8/2023 - Egypt seeks to collect additional revenue of EGP 70 billion ($2.27 billion) from its privatization programme during the fiscal year (FY) 2023/2024, according to a recent book released by the Cabinet’s...
Egypt Extends Zero-Custom Gold Import Initiative By Another 6 Months
Egypt >> 11/8/2023 - The Egyptian Cabinet approved meeting extending the zero-custom initiative for gold imports by Egyptians abroad for six months ending on 10 May, according to a statement.

The Cabinet attrib...
Escalation of War in Gaza to Increase Food Insecurity, Inflation in Middle East: World Bank
Egypt >> 11/8/2023 - Egypt's Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the country, according to a Cabinet...
Egypt to Sign 4 Agreements for Auto Manufacturing
Egypt >> 11/8/2023 - Egypt's Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the country, according to a Cabinet...
Minister: Govt Works to Stimulate Start-Ups to Promote Sustainable Economic Growth
Egypt >> 11/11/2023 - Minister of Finance Mohamed Maait said the government is working to stimulate start-ups and entrepreneurship within the framework of its keenness to encourage investment, open up new horizons for more...
PM Opens Food Commodities Expo in Fayoum, Asserts Necessity of Monitoring Prices
Egypt >> 11/11/2023 - Prime Minister Moustafa Madbouli opened the permanent food commodities exhibition in Fayoum during a tour of the governorate to inspect a number of development and service projects.

The Pre...
PM Madbouli: Presidential Directives to Support Smes
Egypt >> 11/11/2023 - Prime Minister Moustafa Madbouli asserted that Ayady Misr exhibition is important and comes within the framework of the directives of President Abdel Fattah El Sisi to support micro, small and medium ...
Egypt's Annual Inflation Eases to 38.5% in October: Capmas
Egypt >> 11/11/2023 - Egypt's annual headline inflation has declined significantly, reaching 38.5 percent, down from 40.3 percent in the month prior, according to the data released by the Central Agency for Public Mobiliza...
Egypt, Volkswagen Sign Agreement to Study Building Automotive Zone in Port Said
Egypt >> 11/12/2023 - Egyptian state entities signed an agreement with German automobile manufacturer Volkswagen to conduct a feasibility study for the East Port Said Automotive Zone (EPAZ) worth $240 million in investment...
Egypt Secures $500 Mln in Financing for Educational and Health Projects
Egypt >> 11/12/2023 - Egypt's Ministry of Finance has secured $500 million in financing from Deutsche Bank, Bahrain-based bank ABC, and Kuwait-based Arab Investment and Export Credit Guarantee Corporation, known as "Dhaman...
World Bank Awards Egypt for Fostering Economic Competition
Egypt >> 11/12/2023 - Egypt was awarded by the World Bank for its outstanding Strategy for Competition Policies and Competitive Neutrality, according to a statement by the Egyptian Competition Authority (ECA).

T...
Egypt's Annual Core Inflation Decelerates 1.6 Percent in October
Egypt >> 11/12/2023 - Egypt's annual core inflation rate decelerated by 1.6 percent in October, recording 38.1 percent, down from 39.7 percent in September, according to the data released by the Central Bank of Egypt (CBE)...
Dahab Masr, Kash Now to Offer Gold Purchasing Online
Egypt >> 11/12/2023 - Dahab Masr has entered into a strategic partnership with Egypt-based digital payment provider Kash Now to facilitate gold purchasing through the Kash Now app.

With the new partnership, cust...
Finance Ministry Arranges $500 in Financing For Health, Education Projects
Egypt >> 11/12/2023 - The Egyptian Finance Ministry has successfully arranged a loan worth 500 million dollars from Deutsche Bank and the Arab Banking Corporation (ABC).

The loan is guaranteed by the Arab Invest...
Pm Follows Up on Financial Entanglements Procedures Between Nib, Egypt Post Authority
Egypt >> 11/12/2023 - Prime Minister Mostafa Madbouly held a meeting to follow up on the position of the financial entanglement procedures between the National Investment Bank (NIB) and Egypt Post Authority.

Pri...
Planning Ministry Updates Egypt Vision 2030
Egypt >> 11/12/2023 - Planning Minister Hala el-Saeed unveiled the ministry’s update of Egypt Vision 2030 in light of the changes and challenges witnessed over the past few years at local, regional and international levels...
NTRA Obtains ISO 27001 of Information Security Systems
Egypt >> 11/13/2023 - The National Telecommunications Regulatory Authority of Egypt (NTRA), in cooperation with JAS-ANZ, obtained ISO 27001 of Information Security Systems in the fields of in-house cybersecurity and digita...
Egypt’s Total Budget Deficit Hits 3.2% Of GDP In Two Months
Egypt >> 11/13/2023 - Egypt’s total budget deficit reached 3.2 percent of GDP or more than EGP 383 billion ($12.4 billion) during the first two months (July and August) of FY2023/2024, according to the Ministry of Finance’...

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