MSMEDA finances 1.9 million small, micro-projects with EGP 48.3bn in President Al-Sisi’s tenure
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has increased its performance significantly since President Abdel Fattah Al-Sisi took office in July 2014, according to its CEO Bassel Rahmi.…
Egypt rejects displacement of Palestinians: Cairo ambassador to Brussels
Egypt adopts comprehensive approach to deal with illegal migration, says Abdel Aty
Environment Minister addresses challenges of refugees, climate change in developing countries
Egypt’s Environment Minister Yasmine Fouad participated on Monday in a high-level panel discussion on the “Interconnected Refugees and Climate Initiative: The Way Forward,” launched by the King of Jordan during…
ElSewedy Industrial Development, Futur Vert Egypt to establish $50m agricultural nutrients complex
ElSewedy Industrial Development Company, a subsidiary of Elsewedy Electric, and Futur Vert Egypt, a subsidiary of the Emirati company Sharqia Holding Limited, have signed a contract to allocate an industrial…
Egypt’s Trade Minister invites Turkish companies to invest in pharmaceutical sector
The Minister of Trade and Industry of Egypt, Ahmed Samir, attended the 39th Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of the Islamic…
COP28: $57bn mobilized, historic declarations set stage
The first four days of COP28 have witnessed a remarkable outpouring of global solidarity and commitment to tackling climate change. Over $57bn in financial pledges have poured in, spanning across…
From debt burdens to climate solutions: Mohieldin champions debt swaps at COP28
Financing climate action is not a debt sentence, but an investment opportunity. This was the central message of Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt and Special…
COP28: Egypt inks green energy deals, methanol, ammonia, 1GW solar with storage
Egypt's green ambitions took a major leap forward with the signing of three key partnerships. Minister of International Cooperation Rania A. Al-Mashat oversaw the agreements, which will see the government…
CBE attracts $1.09bn in bids for dollar-denominated treasury bills
The Central Bank of Egypt (CBE) announced that it received 23 bids worth $1.09bn for a tender of local treasury bills denominated in US dollars. The CBE issued the tender…
President Al-Sisi opens EDEX 2023, launches Egyptian frigate ‘Al-Jabbar’
President Abdel Fattah Al-Sisi on Monday opened the third international exhibition of defence and military industries “Egypt Defence Expo” (EDEX 2023), at the Egypt International Exhibition Centre, which will run…