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,…
Why did Egypt’s inflation increase again in May? CBE answers
Egypt’s annual headline urban inflation increased to 32.7% in May 2023 from 30.6% in April 2023. The annual increase was mainly driven by higher food prices and supported by continued…
Communications Minister witnesses graduation of new batches of Digital Egypt Builders initiative
Amr Talaat, Minister of Communications and Information Technology, has witnessed the graduation ceremony of new batches of the Digital Egypt Builders initiative. The ceremony witnessed the awarding of Master’s degrees…
