Petroleum Minister, Capricorn Energy discuss expanding investments in Western Desert
Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, held talks with a high-level delegation from Capricorn Energy to discuss expanding the company’s investments in Egypt and increasing production in…
Investment Minister, UK Ambassador discuss expanding economic, investment cooperation
Mohamed Farid Saleh, Egypt’s Minister of Investment and Foreign Trade, met with Mark Bryson-Richardson, Ambassador of the United Kingdom to Egypt, and his accompanying delegation to explore ways to strengthen…
Industry Minister tours Shaq El-Thoban marble hub to boost exports, industrial integration
Khaled Hashem, Egypt’s Minister of Industry, and Ibrahim Saber, Governor of Cairo, conducted an extensive inspection tour of five marble and granite manufacturing plants, in addition to the Mining Industries…
Egytrans-Nafith consortium to build EGP 1bn truck management system at Sokhna Port
A consortium comprising Egytrans NOSCO and Nafith International will invest more than EGP 1bn to develop and manage a digital truck management system at Sokhna Port, the Suez Canal Economic…
Egypt proposes joint business council with Philippines to bolster trade
Egypt has proposed creating a joint business council with the Philippines to enhance trade in agriculture, pharmaceuticals, infrastructure, and energy, Foreign Minister Badr Abdelatty said on Wednesday. In a telephone…
Egypt’s FM condemns RSF attack on North Darfur, seeks regional cooperation with Juba
Egypt on Wednesday condemned in the strongest terms an attack by the Rapid Support Forces (RSF) on the Mustariha area of North Darfur, which resulted in civilian casualties and the…
Egypt’s Al-Hamra port begins crude storage for third parties in regional hub push
The Al-Hamra petroleum port has commenced crude oil storage and trading for third parties as part of a strategy to transform the facility into a regional logistics hub, Egypt’s Petroleum…
Egypt’s high-speed rail to create ‘Suez Canal on rails’ linking Red, Mediterranean seas
Egypt's first high-speed electric rail line will act as a "Suez Canal on rails" by providing a land link between the Red Sea and the Mediterranean, Transport Minister Kamel al-Wazir…
Egypt PM expands industrial investment incentives with up to 50% tax deductions
Egypt has expanded the range of industrial activities eligible for investment incentives, offering tax deductions of up to 50% of investment costs to boost local manufacturing and deepen supply chains,…
Egypt Rejects Allegations of Red Sea Access Trade-Off with Ethiopia for GERD Flexibility
An official source, cited by the Middle East News Agency (MENA), has categorically denied reports claiming that Egypt is prepared to grant Ethiopia maritime access to the Red Sea in…