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Is EGX Poised to Rebound in May After April’s Losses?
Egypt >> 5/6/2024 - Some hope that Egypt’s Stock Exchange (EGX) will regain in May the heavy losses incurred in April in response to the geopolitical tensions in the region along with other local developments.

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Egypt Hosts Nearly 9 Million Foreigners Despite Economic Challenges: Asst. FM
Egypt >> 5/7/2024 - Despite economic challenges, Egypt is exerting strenuous efforts for hosting nearly nine million foreigners and over 570,000 asylum seekers from 133 countries, Wael Badawi, Deputy Assistant Minister o...
Dollar Exchange Rate Stable at Start of Tuesday's Transactions
Egypt >> 5/7/2024 - The dollar exchange rate was stable at the start of transactions at Egypt's major banks.

At the National Bank of Egypt (NBE), Banque Misr and the Commercial International Bank (CIB), the do...
Egypt’s Tourism, Suez Canal Revenues Could Shrink By $13.7 Bln
Egypt >> 5/7/2024 - Revenues from Egypt’s tourism sector and Suez Canal in the current FY2023/2024, which ends on 30 June, and the upcoming FY2024/2025 could shrink by up to $13.7 billion the United Nations Development P...
32nd Session of Egyptian-Jordanian Joint Higher Committee Kicks Off in Cairo
Egypt >> 5/7/2024 - The 32nd session of the Egyptian-Jordanian Joint Higher Committee kicked off in Cairo, the Ministry of International Cooperation announced.

The committee, which runs through, is a the key m...
Minister Mashat, Dutch Amb Talk Join Work Files, Follow Up on Mutual Projects
Egypt >> 5/8/2024 - Egyptian Minister of International Cooperation, Dr. Rania Al-Mashat, held a bilateral discussion session with Ambassador Peter Mollema, the Dutch Ambassador to Cairo, to discuss joint work files and f...
Egypt Ready to Share Its Extensive Urban Development Experience With Oman: Housing Min
Egypt >> 5/8/2024 - Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said Egypt is ready to share its extensive urban development experience with the Sultanate of Oman, and promote joint fruitful coo...
Egyptair Announces 50% Discount on Int'l Flights
Egypt >> 5/8/2024 - On the occasion of EgyptAir's 92nd anniversary, the national carrier of Egypt has announced that it will offer its valued customers a 50 per cent discount on all international flights.

The ...
PM Says Egypt Successfully Handles Consequences of Reforms
Egypt >> 5/12/2024 - Prime Minister Mostafa Madbouli has underscored efforts exerted by Egypt to radically solve problems and overcome consequences of reform measures.

Addressing the International Finance Corpo...
Egypt Is Among Largest Countries of Operations for IFC
Egypt >> 5/12/2024 - Minister of International Cooperation Rania Al-Mashat affirmed that the relationship with the International Finance Corporation (IFC) has facilitated approximately $9 billion in financing and investme...
PM Discusses Ways of Boosting Inbound Tourism With Public, Private Sectors
Egypt >> 5/12/2024 - Prime Minister Mostafa Madbouli convened a meeting that brought together several investors from the tourism sector, to deliberate on crafting a national vision aimed at enhancing inbound tourism to Eg...
Egypt, IFC Ink Two Agreements to Support Msmes, Healthcare
Egypt >> 5/12/2024 - Banque du Caire and the International Finance Corporation (IFC), a member of the World Bank Group, signed a financing agreement worth $100 million.

The agreement includes $50 million to sup...
PM Affirms Desire to Accelerate Boosting Share of Private Sector in Economy
Egypt >> 5/12/2024 - Prime Minister Mostafa Madbouli said that the Egyptian government has a real desire to accelerate extending the participation of the private sector in the economy.

The premier made the rema...
Planning Minister Participates in IFC Day
Egypt >> 5/13/2024 - Today, the private sector is no longer just an engine of growth, but a critical partner in achieving SDGs. Forward-thinking economies are recognizing the power of innovation to tackle challenges, and ...
Egypt to Host Joint Annual Meetings of Arab Financial Entities in New Administrative Capital
Egypt >> 5/13/2024 - Egypt will host the Joint Annual Meetings of Arab Financial Institutions set to take place in the New Administrative Capital on May 22.

The decision reflects Egypt's commitment to supporti...
Green Growth Summit to Drive Sustainable Transition in Egypt, MENA
Egypt >> 5/13/2024 - Hivos, an international cooperation organization, is set to host the highly-anticipated Green Growth Summit in Cairo on 14 May following the success of its recent summit in Tunisia.

The sum...
Int’l Cooperation Min. Named Vice-Chair of EBRD Annual Meetings
Egypt >> 5/14/2024 - Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) Rania al Mashat, has been chosen for the first time ever as vice-chair of the...
Military Production Min. Asserts Significance of Luring Fresh Investments
Egypt >> 5/14/2024 - Minister of State for Military Production Mohamed Salah El Dien Mostafa asserted the importance of attracting fresh investments for the benefit of entering into partnerships in various domains, whethe...
11,000 Tons of Goods Handled at Red Sea Ports
Egypt >> 5/14/2024 - About 11,000 tons of goods were handled at the different Red Sea harbors, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said the imports included 3,000 tons of goods, 28...
Egypt Raises Training Budget to LE 1.7B In 34-Fold Increase Over Past 5 Years
Egypt >> 5/18/2024 - Egypt's Minister of Communications and Information Technology (MCIT), Amr Talaat, highlighted the role of Egypt's Digital Creativity Centers in empowering entrepreneurs to acquire technical, economic,...

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