NBE cooperates with GIZ to raise efficiency of SMEs in industrial sector
The National Bank of Egypt (NBE) has announced the signing of a cooperation protocol with the German Agency for International Cooperation (GIZ), with the aim of providing non-financial services to…
TSFE aims to maximize state assets: El-Ebiary
7 companies join TSFE’s pre-IPO sub-fund, mergers possible in certain sectors to create new entities
Egypt launches initiative for conserving coral reefs in Red Sea
Egypt’s Minister of Environment Yasmine Fouad has affirmed that Egypt's Red Sea initiative on coral reefs comes as one of the fruits of the ministry’s efforts to create a supportive…
Egyptian-Italian consortium to establish 1st public free zone in Damietta under industrial developer system
Region includes 220 industrial plots of land on area of 183 feddan
We need innovative African financing tools that focus on developing infrastructure: Finance Minister
African financial structure required, more capable of dealing with external shocks through flexible mechanisms
Supporting Egypt’s currency is like putting water in bucket that has holes: IMF Chief
I have high respect for President Al-Sisi and I trust that by working together, he can make right decisions for country, says Georgieva
Egypt raises private sector minimum monthly wage to EGP 3000
The National Wages Council (NWC) has approved increasing the minimum wage in the private sector from EGP 2,700 to EGP 3000 per month as of July 2023. The approval came…
Al-Sisi affirms Egypt’s keenness to attract Italian investments in mining sector
President Abdel Fattah Al-Sisi affirmed Egypt's appreciation of its long-standing historical relations with Italy and its keenness to develop them in various areas of bilateral cooperation, In this regard, he…
Egypt lays foundation stone for 2 logistical-commercial zones in Kafr El-Sheikh with EGP 6bn investments
Minister of Supply and Internal Trade Ali El Moselhy and Minister of State for Emigration and Egyptian Expatriates’ Affairs Soha Gendi have laid the foundation stone for two logistical and…
160k tonnes of fodder supplies worth $82m released from Egyptian ports within 7 days: Agriculture Minister
Elsayed Elkosayer, Minister of Agriculture and Land Reclamation, has said that 160,000 tonnes of fodder supplies worth $82m were released from Egyptian ports from 9 to 15 June. He said,…
