Egypt establishes textile industries council to develop spinning, weaving sector
Gamea said that the establishment of this council came with the aim of developing textile industries at the level of the republic and coordinating efforts to strengthen all the textile…
Net international reserves increased to EGP 40.980bn in January 2022: CBE
The balance of special drawing rights decreased by $2.642bn in January as well, down from December’s $2.657bn.
UN calls for investing in combating FGM, upholding rights of females
In 2012, the UN General Assembly designated 6 February as the International Day of Zero Tolerance for FGM with the aim of amplifying and directing efforts to eliminate this practice.
Madbouly follows up on GEM construction updates
PM stressed state’s commitment to deadlines for project
COP 27 in Egypt will be essential opportunity for Africa, world: UN
‘We are in emergency mode, we need all hands on deck’: António Guterres
CBE to auction treasury bills worth $1.05bn
proceeds of T-bill issuance will be directed to pay off previous bid that CBE put forward on 9 February 2021, through which it obtained $1.088bn
Egypt will raise African aspirations in combating climate change during COP 27: FM
Spokesperson for the Ministry of Foreign Affairs Ahmed Hafez said that during the meeting, Shoukry confirmed that Egypt will be keen on presenting the effects of climate change on Africa…
Raya Holding studies partial acquisition offer from international organisation in Aman
In an interview with Daily News Egypt, Khalil said that the branch in Aman’s contributions to the company’s total revenues amounted to about 15%, stressing the company’s plan to maximise…
Metito-Orascom alliance aims to establish desalination plants in Libya, Iraq
Supply, operation study for floating station in Saudi Arabia has been completed: Medawar
Exporters recommend opening new markets, deepening local manufacturing to reach the desired $100bn in exports
Accordingly, governments encourage exports because they increase employment opportunities and raise average wages and, consequently, the standard of living of the population. Exports also raise foreign exchange reserves.
