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Financials and Investment News

IMF Concludes Fortnight Mission for Egypt’s EFF 4th Review
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regarding the fourth review of Egypt's $8 billion Extende...
Egypt Engineering Industry Exports Grow By 25.6% in 9 Months: Export Council
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching $3.936 billion, up from $3.133 billion during the...
FRA Authorizes Issuance of Standard E-Insurance Policies
Egypt >> 11/23/2024 - The Financial Regulatory Authority (FRA) Board of Directors, under Mohamed Farid, issued decision no. 267 of 2024 amending the Board of Director's decision no.122 of 2015 regarding allowing insurance ...
Partnership With WEF Promotes Investment Horizons, Boosts Development, Growth
Egypt >> 11/23/2024 - Minister of Planning, Economic Development and International Cooperation Rania el Mashat asserted Egypt’s appreciation to the depth of joint ties with the World Economic Forum (WEF) as it is an intern...
Egyptair Participates in IBTM Show in Barcelona
Egypt >> 11/23/2024 - EgyptAir participated in Incentives, Business Travel & Meetings (IBTM) show in Barcelona in coordination with the Egyptian Tourism Authority within the framework of EgyptAir’s keenness on increasing t...
Housing Minister Directs Accelerating Implementation of Development Projects in Northwestern Coast
Egypt >> 11/23/2024 - Minister of Housing, Utilities and Urban Communities Sherif el Sharbiny directed officials of new cities in the Northwestern Coast to accelerate the implementation rate of projects there to hand over ...
SCZONE Participates in 3rd IMCE
Egypt >> 11/23/2024 - The General Authority for Suez Canal Economic Zone (SCZONE) will participate in the third edition of the International Annual Industry Forum and Exhibition (IMCE) on November 25-27.

The eve...
Communication Minister Lauds Efforts of African Countries Participating in 2nd Global Dialogue on AI
Egypt >> 11/23/2024 - Minister of Communication and Information Technology Amr Talaat said that, during the 2nd Global Dialogue on Artificial Intelligence (AI) held in Cairo, more than 20 African and non-African countries ...
PM Witnesses "Investment in Industry.. Opportunities for Integration And Growth
Egypt >> 11/25/2024 - Prime Minister Moustafa Madbouli witnessed activities of session entitled "Investment in Industry.. Opportunities for Integration and Growth" as part of activities of the the International Manufacturi...
Egypt to Increase Industrial Sector Contribution to GDP to 20-30%
Egypt >> 11/25/2024 - Prime Minister Mostafa Madbouly emphasized the government’s commitment to increasing the industrial sector’s contribution to the GDP from the current 14 percent to 20–30 percent.

Speaking ...
Industry Minister: Gov't Seeks to Turn Egypt Into Regional, Industrial Hub
Egypt >> 11/25/2024 - Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir asserted the Egyptian government is paying a greater interest to the industry sector in accordance wi...

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