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Finance Minister: Gov't Eyes Enhancing Coop. With USCC to Attract Further Investments
Egypt >> 10/26/2024 - Finance Minister Ahmed Kouchouk said the Egyptian government looks forward to enhancing cooperation with the United States Chamber of Commerce (USCC) to attract further foreign direct investments in d...
Investment Minister Says Govt Working on Strategy to Improve Investment Climate
Egypt >> 10/26/2024 - Minister of Investment and Foreign Trade Hassan el Khatib said the Egyptian government is working on a strategy to improve the investment climate, citing the introduction of monetary, financial and ta...
Egypt Sovereign Fund to Run Under Ministry of Investment: Egyptian Gazette
Egypt >> 10/27/2024 - Prime Minister Mostafa Madbouly issued a decree stipulating that The Sovereign Fund of Egypt (TSFE) be affiliated with the Ministry of Investment and External Trade, the Egyptian Gazette said.

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Maait Elected Executive Director Representing Arab Countries, Maldives at IMF
Egypt >> 10/27/2024 - Egypt’s former minister of finance Mohamed Maait has been elected as the executive director and member of the Executive Board, representing Arab countries and the Maldives at the International Monetar...
Prime Minister Meets Finance Minister
Egypt >> 10/28/2024 - Prime Minister Moustafa Madbouly met with Minister of Finance Ahmed Kouchouk.

Minister of Finance Ahmed Kouchouk expressed optimism about having ‘constructive’ discussions with the Internat...
Egypt to Host New Electric Car Manufacturing Hub in Partnership With China
Egypt >> 10/28/2024 - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, oversaw the signing of an agreement between China's BAIC Company and Alkan Auto Company, part o...
Egypt Invests EGP 4.8b in Mega Commercial Projects in Beni Suef, Sharqia
Egypt >> 10/28/2024 - The Egyptian Ministry of Supply and Internal Trade is set to embark on ambitious commercial development projects in Beni Suef and Sharqia governorates, allocating 4.8 billion Egyptian pounds.

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Egypt Secures Green Climate Fund Support for Climate Resilience, Sustainable Development
Egypt >> 10/28/2024 - The Ministry of Planning, Economic Development, and International Cooperation has announced the approval of three major financing programs by the Green Climate Fund (GCF) to drive climate change mitig...
Saudi Arabic Tops List of BRICS States Importing from Egypt
Egypt >> 10/28/2024 - Saudi Arabia topped the list of BRICS countries importing from Egypt during the first 8 months of the current year 2024, according to data from the Central Agency for Public Mobilization and Statistic...
Egypt-Algeria Trade Records $622M During First 8 Months of 2024
Egypt >> 10/28/2024 - The Central Agency for Public Mobilization and Statistics (CAPMAS) issued Monday a statement on Egyptian-Algerian relations, as the volume of Egyptian exports to Algeria increased to record $605 milli...
"Agrimaster" Factory Contributes to Opening New Markets for Paper
Egypt >> 10/28/2024 - Environment Minister Yasmin Fouad said that "Agrimaster" factory for manufacturing paper and cardboard in the 6th of October works on recycling waste of paper and cardboard to produce different kinds ...
The United Bank Plans to Float 30% of Its Shares on EGXff
Egypt >> 10/28/2024 - The United Bank has announced its intention to offer 30 percent of its capital, equal to 330 million shares owned by the Central Bank of Egypt (CBE), on the Egyptian Stock Exchange (EGX) this.

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Green Climate Fund to Fund 3 Major Greening Projects in Egypt And Globally
Egypt >> 10/28/2024 - The projects that will receive GCF funding include initiatives focused on greening financial systems, the Smart Climate-Resilient Agriculture Investment Fund, and the Facility for Expanding Climate-Re...
Egypt Finalizes Preparations to Host 12th World Urban Forum
Egypt >> 10/30/2024 - Egyptian Prime Minister Mostafa Madbouly chaired a meeting to review the final preparations for hosting the 12th World Urban Forum in Cairo from November 4-8.

The meeting was attended by se...
Cabinet Approves Actual Operation of Comprehensive Health Insurance System in Suez
Egypt >> 10/30/2024 - The cabinet approved during its weekly meeting, under Prime Minister Moustafa Madbouli, starting the actual operation of the comprehensive health insurance in the Suez governorate as of December 2024....
PM Attends Signing Of Mou With DP World to Study Development of Public, Free Zone
Egypt >> 10/30/2024 - Prime Minister Mostafa Madbouli attended in the New Administrative Capital the signing of a memorandum of understanding about studying the development of a public, free zone in lands allocated for the...
Indian Pearl Group Signs EGP 100 Mln Polyurethane Project in Sokhna
Egypt >> 10/30/2024 - Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din witnessed the signing of a contract for Indian Pearl Group’s polyurethane production project, valued at E...
Japanese Sumitomo Electric €22 Mln Plant in Egypt to Start Operation in November
Egypt >> 10/30/2024 - Japanese Sumitomo Electric Egypt will commence operating its plant for manufacturing electrical wiring harnesses for cars and vehicles, valued at 22 million euros, in the 10th of Ramadan City in Novem...
Cabinet Approves Re-forming Committee for Managing Foreign Debt File
Egypt >> 10/31/2024 - The cabinet approved during its weekly meeting under Premier Moustafa Madbouli a draft cabinet decision on re-forming a committee formanaging foreign debt file and regulating foreign loans.

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Egyptian Amb. to Athens Receives Greek Tourism Minister
Egypt >> 10/31/2024 - Ambassador Omar Amer, Egypt's Ambassador to Athens, hosted Ms. Olga Kefalogianni, the Greek Minister of Tourism, at the embassy.

During the meeting, they discussed ways to enhance cooperati...

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