Egypt, Germany to expand partnership with new €100m debt swap
Egypt and Germany are expanding their economic partnership with a focus on innovative financing and private sector investment, with a new €100m ($109m) tranche under a debt-for-development swap programme to…
Rowad signs cooperation protocol with UK Export Finance to boost regional development
Rowad Modern Engineering has announced the signing of a cooperation protocol with UK Export Finance (UKEF) at the British Embassy in Cairo. The agreement is designed to strengthen strategic cooperation…
Egypt to establish three private free zone factories for PVC panels, textiles with $216.5m in investments
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir affirmed the government’s ongoing commitment to reviewing applications for establishing private free zone projects and granting…
Government efforts continue to secure gas supplies for power, industry during summer
Minister of Petroleum and Mineral Resources Karim Badawi has affirmed that the ministry is pressing ahead with its strategy to sustainably provide natural gas to meet domestic market needs —…
CIB completes fifth securitisation issuance for B.TECH worth EGP 859.4m
Commercial International Bank (CIB) – Egypt, the country’s largest private-sector bank, has successfully completed the fifth issuance under B.TECH’s securitisation programme, with a total value of EGP 859.4m. CIB acted…
Egyptian Countryside Development chief discusses cooperation with Italian ambassador
Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, met with Michele Quaroni, the Italian Ambassador to Cairo, along with his accompanying delegation. Also attending the…
Madbouly reviews legalisation of newly annexed lands to new cities, housing offerings
Prime Minister Mostafa Madbouly chaired a meeting on Monday at the government headquarters in New Alamein City to follow up on the legalisation of land recently annexed to several new…
Roche helps Egypt expand digital pathology and AI diagnostics
Roche Diagnostics is supporting Egypt's expansion of digital pathology and the integration of artificial intelligence into its public health system to improve the speed and accuracy of diagnoses, particularly in…
Egypt tops global shisha tobacco ‘maassel’ exports in 2024
Egypt has retained its position as the world’s largest exporter of shisha tobacco (maassel) in 2024, capturing 32% of global exports with a total value of $127.4m and an export…
Local development minister explores digital transformation of Egyptian cities with Esri
Local Development Minister Manal Awad met with Richard Budden, Director of Local Governments and Smart Cities at global GIS leader Esri, to discuss strengthening the digital capabilities of Egyptian cities…