Egypt’s trade deficit rises by 5% in November 2023
Egypt’s trade deficit reached $3.07bn in November 2023, compared to $2.92bn in the same month of the previous year, marking a 5% increase, according to the monthly bulletin of “Foreign…
Russia and Egypt Celebrate 80 Years of Diplomatic Ties
The Russian Embassy in Egypt and RT Arabic held a gala event on February 6, 2024, at the Cairo Opera House to commemorate the 80th anniversary of Russian-Egyptian diplomatic relations.…
MSMEDA invests EGP 1bn in Luxor to support small businesses, community development: Rahmi
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has invested EGP 1bn in Luxor from July 2014 to December 2023, according to its CEO Basil Rahmi. Out of this…
Egypt to host 71st ACI AFRICA on 24 February
The Egyptian Holding Company for Airports and Air Navigation, one of the companies affiliated with the Ministry of Civil Aviation, will host the 71st edition of the African Airports Council…
Egypt, Islamic Development Bank boost cooperation in various sectors
Egypt’s Minister of International Cooperation, Rania A. Al-Mashat, met with Muhammad Sulaiman Al Jasser, President of the Islamic Development Bank Group (IsDB), at the Ministry of International Cooperation’s headquarters in…
Local T-bill, bond balances hit EGP 4.962trn in 2023: Finance Ministry
Foreign bonds reach $33.96bn and €4bn, and equivalent of $500m in JPY and CNY
MENA witnesses 48 IPOs raising $10.7bn in 2023
29 companies across diverse sectors eye listings in 2024, led by KSA, UAE; Egypt plans 4 IPOs
Egypt to boost local bus production with Nasr Automotive
Nasr Automotive signs deals to supply eco-friendly buses to various entities
Egypt condemns terrorist attack near Istanbul court
Egypt strongly condemned on Tuesday the shooting attack that occurred near a court in Istanbul, which injured several people. The Ministry of Foreign Affairs issued a statement expressing Egypt’s rejection…
Meta, Egypt’s Ministry of Youth and Sports unite for youth wellbeing in celebration of Safer Internet Day
Meta and Egypt's Ministry of Youth and Sports are proudly announcing a collaboration dedicated to enhancing youth safety and wellbeing. This landmark collaboration is an integral part of Meta's ongoing…