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Egypt’s Budget Deficit Rose to 5.51 Percent in July-November
Egypt >> 1/23/2024 - Egypt’s budget deficit rose to 5.51 percent of GDP between July and November 2024 from 3.37 percent during the same period last year, according to data released by the Ministry of Finance.

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PM Orders Feasibility Study be Outlined for City of Hospitals
Egypt >> 1/23/2024 - Prime Minister Moustafa Madbouli has directed the Healthy Ministry to outline a feasibility study for a city of hospitals and research centers.

The study should determine the cost of operat...
Sisi Directs Intensive Work to Enhance Egypt's Higher Education
Egypt >> 1/27/2024 - President Abdel Fattah El Sisi issued directives to maintain intensive work to enhance the quality, efficiency and competitiveness of university education in Egypt.

The President made the r...
Minister: Egypt Looking Forward to Benefiting from Hong Kong Experience to Boost Investment Flows
Egypt >> 1/27/2024 - Finance Minister Mohamed Maait asserted that Egypt is looking forward to benefiting from Hong Kong experience in boosting the investment flows in accordance with the keenness of the Egyptian side on d...
Trade Minister says looking forward to boosting exports to Europe, Africa
Egypt >> 1/27/2024 - Minister of Trade and Industry Ahmed Samir underscored the ministry's keenness to boost exportation to the continents of African and Europe alongside cementing coordination with commercial offices abr...
Supply Minister: State Working on Plan for Modern Civilized Markets Nationwide
Egypt >> 1/27/2024 - The State is working on a plan to establish modern civilized markets in all governorates, especially Port Said as a trading hub, Minister of Supply and Internal Trade Ali Moselhi said.

In a...
DPA Chairman Visits Italian Port of Trieste
Egypt >> 1/27/2024 - Board chairman of the Damietta Port Authority (DPA) Ahmed Hawash paid a work visit to the Italian Port of Trieste.

This comes to continue efforts of Transport Minister Kamel el Wazir during...
Communication Minister Asserts Encouraging Setting Up Digital Export Centers Nationwide
Egypt >> 1/27/2024 - Minister of Communications and Information Technology Amr Talaat asserted state's keenness on fostering a favorable business climate for investments in the information technology alongside encouraging...
Egypt on Verge of Achieving Its Nuclear Dream After Over 60 Years
Egypt >> 1/27/2024 - El-Dabaa Nuclear Power Plant, Egypt’s first-ever nuclear power plant project, will contribute to attaining Sustainable Development Goals (SDGs), which include generating clean energy, increasing depen...
Finance Minister Asserts Keenness on Encouraging Startups in Technology Domains
Egypt >> 1/27/2024 - Minister of Finance Mohamed Maait asserted keenness on supporting startups operating in various technological projects in the financial, industrial and services domains.

The Minister made t...
Central Bank of Egypt to Issue EGP 130 Bln T-Bills This Week
Egypt >> 1/28/2024 - The Central Bank of Egypt (CBE) is set to issue EGP 130 billion treasury bills (T-bills) with four different maturities between April 2024 and January 2025.

Last week, the bank auctioned EG...
Egypt Approves Third Phase of Zero-Customs Car Import Initiative
Egypt >> 1/28/2024 - The Egyptian Cabinet has approved the extension of the zero-customs car import initiative for expats for an additional three-month period, starting from 29 January, according to the Egyptian Gazette.<...
Saudi Strawberry Imports Ban Isn’t Exclusive to Egypt: Agriculture Trade Regulator
Egypt >> 1/28/2024 - Saudi Arabia’s decision to ban strawberry imports does not apply only to Egypt, said Saad Moussa, supervisor of Egypt’s Central Administration of Plant Quarantine (CAPQ).

Moussa explained t...
What Is Causing Turmoil in Egypt's Gold Market? Official Answers
Egypt >> 1/28/2024 - Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand, fueled by an overwhelming demand for profit, said Ihab Wassef, head of the Gold and Precious...
Egypt to Issue Bonds on Hong Kong Stock Exchange: Finance Minister
Egypt >> 1/28/2024 - Egypt is poised to issue bonds denominated in the local currency (Hong Kong dollar) on the Hong Kong Stock Exchange, Minister of Finance Mohamed Maait said on Saturday.

In addition to the b...
Gov't Denies Issuing Decision to Cancel Anti-Dumping Duties on Rebar Imports
Egypt >> 1/29/2024 - The Cabinet's media center denied news about issuing a decision to cancel the anti-dumping duties on rebar imports.

In a statement the media center said it contacted the Ministry of Trade a...
Maeet : Expats’ Tax-Free Car Imports Extended 3 Months
Egypt >> 1/29/2024 - Egyptian Finance Minister Mohamed Maeet said that the government would extend tax-free car imports for more Egyptian expats to benefit from the initiative.

Three extra months will be given ...
Central Bank of Egypt to Issue EGP 130 Bln T-Bills
Egypt >> 1/29/2024 - The Central Bank of Egypt (CBE) is set to issue EGP 130 billion treasury bills (T-bills) with four different maturities between April 2024 and January 2025.

Last week, the bank auctioned EG...
National Dialogue's 2nd Phase to Begin With Economy Issues
Egypt >> 1/29/2024 - The Board of Trustees of the National Dialogue has decided to launch its second phase, General Coordinator, and the Chairman of the State Information Service, Diaa Rashwan announced in a statement.
Egypt To Issue Bonds on Hong Kong Stock Exchange
Egypt >> 1/29/2024 - Egypt is poised to issue bonds denominated in the local currency (Hong Kong dollar) on the Hong Kong Stock Exchange, Minister of Finance Mohamed Maait said.

In addition to the bond issuance...

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