Egypt M&A activity drops in 2023, but second half shows resilience: Baker McKenzie
Egypt's M&A activity saw a mixed performance in 2023, according to a report by global law firm Baker McKenzie. While overall deal volume and value declined compared to 2022, the…
Egyptian Engineering Export Council delegation visits Libya to explore joint investment opportunities
Delegation meets with Libyan officials to discuss ways to enhance trade cooperation in various fields
Finance Minister announces new customs facilities for shipping agencies to expedite goods release
Amendments allow changing destination of shipping to dry ports, warehouses, and vice versa, and modifying customs declaration online on 'Nafeza' platform to ease importing
Shoukry joins G20 foreign ministers’ meeting in Rio de Janeiro
Egypt’s Minister of Foreign Affairs Sameh Shoukry travelled to the Brazilian city of Rio de Janeiro to take part in the G20 foreign ministers’ meeting, which will take place on…
Egyptian Prime Minister meets with Ivorian Speaker, pledges support, cooperation
Egyptian Prime Minister Mostafa Madbouly met with Adama Bictogo, Speaker of the Ivorian National Assembly, on Tuesday to discuss strengthening bilateral relations and joint cooperation between the two countries. Madbouly…
Egyptian President Al-Sisi, Iraqi leader Al-Hakim discuss regional issues, bilateral relations
Egypt’s President Abdel Fattah Al-Sisi met on Tuesday with Ammar al-Hakim, the leader of the Iraqi National Wisdom Movement, and his accompanying delegation, in the presence of Abbas Kamel, the…
Egypt condemns US veto of Gaza ceasefire resolution
Egypt expressed its regret and rejection of the UN Security Council’s failure to issue a resolution demanding an immediate ceasefire in the Gaza Strip, due to the United States’ veto…
Cote d’Ivoire, IMF secure $1.3bn loan for climate action
The Ivorian government and the International Monetary Fund (IMF) staff have agreed on a climate change reform program backed by a $1.3bn loan from the Resilience and Sustainability Facility (RSF).…
Shell’s participation in EGYPES 2024 highlights need for reliable, affordable, sustainable energy system
Shell Egypt, a strategic partner of the Egypt Petroleum Show (EGYPES) 2024, emphasized the importance of addressing the energy trilemma, showcasing innovative initiatives aimed at shaping a sustainable energy future.…
Nigerian president affirms readiness to host African central bank in 2028
Nigerian President Bola Tinubu declared his country's readiness to host the African Central Bank (ACB), reiterating the vision outlined in the Abuja Treaty. He expressed his administration's commitment to collaborating…