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Central Bank of Egypt Auctions EGP 130 Bln T-Bills
Egypt >> 1/9/2024 - The Central Bank of Egypt (CBE) auctioned EGP 130 billion treasury bills (T-bills) with four maturities between April 2024 and January 2025.

The new T-bills will be issued next Tuesday afte...
Bid For Closer Trade Ties With Bahrain
Egypt >> 1/10/2024 - Egypt’s Trade and Industry Minister Ahmed Samir and his Bahraini counterpart, Abdulla bin Adel Fakhro met for economic co-operation talks.

The talks were on the sidelines of the 4th Higher ...
Egypt, Saudi Arabia Sign Mou for Mineral Exploration
Egypt >> 1/10/2024 - The Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla signed a memorandum of understanding (MoU) with the Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef for techn...
Egypt's Qalaa Holdings to Establish 2 Railway Lines in Eastern Africa
Egypt >> 1/10/2024 - Minister of Transport Kamel al-Wazir stated in a meeting with the Rwandan ambassador that Qalaa Holdings would implement a railway line between Tanzania's Dar Al-Salaam Port and Burundi, passing throu...
PM Directs Officials to Start Projects for Upgrading View of Gameat al Dowal al Arabiya Axis
Egypt >> 1/10/2024 - Prime Minister Moustafa Madbouli directed the officials to start implementing a project for upgrading the view of Gameat Al Dowal Al Arabiya axis which is an important axis.

He made the rem...
Pm Attends Inking of Wind Energy Project Worth $1.5bn
Egypt >> 1/10/2024 - Prime Minister Moustafa Madbouli attended the inking of a usufruct agreement between the New and Renewable Energy Authority (NREA) and a consortium led by ACWA Power to produce 1.1 GW of wind energy f...
Irrigation Min: 37,000 Km of Agricultural Drainage Network Cleared Annually
Egypt >> 1/10/2024 - Minister of Irrigation and Water Resources Hani Sewilam said the agricultural drainage network that extends to up to 22,000 km is cleared twice a year.

This came as the minister received a ...
Egypt's Annual Headline Inflation Eases to 35.2% in December: CAPMAS
Egypt >> 1/10/2024 - Egypt's annual headline inflation decelerated to 35.2 percent in December, down from 36.4 percent in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported .

...
INTERVIEW- Egypt’s Securitization of FX Revenu: Risks And Prospects
Egypt >> 1/10/2024 - Egypt’s securitization of FX revenue will not affect assets, says Sherif Samy, former chair of Financial Regulatory Authority.

Egypt is studying securitizing up to 25 percent of its USD rev...
World Bank Mission Visits Egypt to Discuss State Ownership Policy And Financing
Egypt >> 1/10/2024 - A mission from the World Bank (WB) arrived in Egypt on Tuesday for a multi-day visit to discuss the development of the country's State Ownership Policy Document and how best to manage these assets, ac...
Madbouli: State Pays Attention to Developing Sczone to Attract Foreign Investments
Egypt >> 1/11/2024 - Prime Minister Mostafa Madbouli said his visit to the Suez Canal Economic Zone (SCZone) comes within the framework of the keenness of the state on development of the SCZone and providing different pot...
Dollar Prices Stable at Start of Thursday's Transactions
Egypt >> 1/11/2024 - The dollar exchange rate was stable at the start of transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying...
Minister: Egyptian Government to Introduce Improved Social Protection Package
Egypt >> 1/13/2024 - The Egyptian government is preparing to introduce a social protection package that encompasses various improvements, including wage and pension adjustments and an increase in the tax exemption thresho...
Etta, Mcci Sign Cooperation Mou to Boost All Joint Activities
Egypt >> 1/13/2024 - The Egyptian Travel Agents Association (ETTA) signed a memorandum of understanding with the Makkah Chamber of Commerce & Industry (MCCI) to activate bilateral cooperation in several fields and tourism...
Esmat, Pakistani Business Delegation Review Investment Opportunities
Egypt >> 1/13/2024 - Minister of Public Enterprise Sector Mahmoud Esmat had talks with a delegation of Pakistani investors on a number of cooperation files and available investment opportunities.

The meeting wa...
Egypt, Morocco Discuss Boosting Economic Cooperation
Egypt >> 1/13/2024 - Trade and Industry Minister Ahmed Samir had talks with his Moroccan counterpart Ryad Mezzour on the fringe of their participation in the fourth meeting of the higher committee of integrated industrial...
Dlrs19 Mln In 2 Grants from Switzerland for Water Management Program in Upper Egypt
Egypt >> 1/13/2024 - The Ministry of International Cooperation has announced signing of two grants worth 19 million dollars with the Swiss side that the Ministry of Housing would use in implementing the second phase of th...
Trade Minister Probes Boosting Cooperation With Officials in Bahrain
Egypt >> 1/13/2024 - Minister of Trade and Industry Ahmed Samir discussed ways and mechanisms for boosting cooperation with a number of officials and representatives of business community in Bahrain, according to a statem...
Egyptian Government to Introduce Improved Social Protection Package: Minister
Egypt >> 1/13/2024 - The Egyptian government is preparing to introduce a social protection package that encompasses various improvements, including wage and pension adjustments and an increase in the tax exemption thresho...
China's CSCE Begins Delivery of Towers in Egyptian New Capital's Central Business District
Egypt >> 1/14/2024 - Prime Minister Mostafa Madbouli attended the ceremony held to celebrate the delivery of the first three towers - out of 20 - at the New Administrative Capital’s Central Business District (CBD) and tha...

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