Egypt extends EGP 50bn hotel financing initiative by six months to boost tourism capacity
Minister of Finance Ahmed Kouchouk and Minister of Tourism and Antiquities Sherif Fathy announced that the Cabinet has approved a six-month extension of the EGP 50bn financial facilitation initiative, effective…
Egypt brokers African consensus on AfCFTA rules of origin after four years of talks
Egypt, in its capacity as Chair of the African Continental Free Trade Area (AfCFTA) Ministerial Council of Trade Ministers, has secured consensus among member states on the long-pending rules of…
Egypt urges ceasefire in Sudan as EU denounces RSF brutality after El-Fasher’s capture
As fighting in Sudan escalates and the Rapid Support Forces (RSF) seize control of El-Fasher— the last stronghold of the Sudanese army in Darfur—regional and international calls for action are…
Egypt, Netherlands renew water MoU, explore beach nourishment to protect Mediterranean coast
Egypt’s Water Resources and Irrigation Minister Hani Sweilam met with Dutch Ambassador to Cairo Peter Mollema to strengthen bilateral ties in water management, according to a statement from the Ministry…
Al-Ahram Chemicals invests $10m to establish formaldehyde, derivatives complex in Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed today the signing of a contract between Al-Ahram Chemicals and Resins and Derivatives Company and the Main Development…
Egypt to launch national health tourism platform in push to become Global Medical Hub by 2030
Egypt is set to launch a National Health Tourism Platform as part of its ambitious goal to position the country among the top 10 global destinations for medical and wellness…
Finance Ministry introduces new VAT facilitations to support taxpayers
Minister of Finance Ahmed Kouchouk has issued two ministerial decrees introducing new facilitations for taxpayers under the Value Added Tax (VAT) system, aiming to strengthen trust, partnership, and tax certainty…
Egypt assumes presidency of INTOSAI as INCOSAI 25 kicks off in Sharm El-Sheikh
Egypt, represented by the Accountability State Authority (ASA), has officially taken over the presidency of the International Organization of Supreme Audit Institutions (INTOSAI) for a three-year term. The handover ceremony…
CBE governor attends graduation ceremony of Future Leaders programme at EBI
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE) and Chairperson of the Egyptian Banking Institute (EBI), attended the graduation ceremony of four new cohorts of the “Future Leaders”…
Kuwaiti PM arrives in Cairo for talks to bolster economic ties
Kuwaiti Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah arrived in Cairo on Wednesday for talks aimed at strengthening bilateral cooperation in a range of economic sectors, Egypt's cabinet said in…