Al Shabaab claims responsibility for attack on Somali President’s convoy; Egypt denounces “terrorist” act
Egypt has strongly condemned the attack targeting the convoy of the President of the Federal Republic of Somalia, Hassan Sheikh Mohamud, in Mogadishu on Tuesday, which resulted in deaths and…
Egyptian-Tanzanian Business Forum aims to spur investment, cooperation
Egypt's Minister of Foreign Affairs and Immigration, Badr Abdelatty, and Tanzania's Minister of Foreign Affairs and East African Cooperation, Mahmoud Thabit Kombo, jointly inaugurated the Egyptian-Tanzanian Business Forum on Wednesday,…
Egypt, India set ambitious trade target of $12bn in five years, up from $4.2bn
Egypt and India have set an ambitious target to increase bilateral trade from $4.2bn in 2024 to $12bn over the next five years. This goal was outlined during a meeting…
Egypt unveils national financing strategy to meet SDGs
Egypt has launched its National Integrated Financing Strategy (E-INFS) to help meet its Sustainable Development Goals (SDGs) by 2030. Prime Minister Mostafa Madbouly, speaking at the launch event on Tuesday,…
Egypt, UK discuss strengthening healthcare cooperation, supporting Gaza’s recovery
Egyptian Minister of Health and Population, Khaled Abdel Ghaffar, met with UK Trade Envoy to Egypt, Yasmin Qureshi, and British Ambassador to Cairo, Gareth Bayley, on Tuesday to discuss strengthening…
Special Group partners with Mint Real Estate to elevate asset management for New Capital project
Special Group for Trade and Investment has entered a strategic partnership with Mint Real Estate Asset Management, a subsidiary of Al Ahly Sabbour, to oversee the full scope of asset…
Egypt achieves EGP 330bn primary surplus in H1 2024/25, reflecting strong financial performance
Egypt has recorded a primary surplus of EGP 330bn for the first half (H1) of the fiscal year 2024/25, marking its highest surplus to date, according to Minister of Finance…
Food sector exports surpass $10bn in 2024, achieving record growth
At the 2024 General Assembly meeting of the Chamber of Food Industries, Chairperson Ashraf El Gazayerli announced that the food sector achieved a remarkable 21% increase in exports last year,…
HDP Signs Contract with Consolidated Contractors Company (CCC) to Develop SQ1 in New Cairo with EGP 1.7bn Investment
Housing and Development Properties (HDP), the real estate arm of the Housing and Development Bank, has signed a construction contract with Consolidated Contractors Company (CCC) to carry out the construction…
Egypt launches EGP 4bn initiative to support 10 million families on ration cards
Ahmed Kouchouk, Minister of Finance, and Sherif Farouk, Minister of Supply and Internal Trade, have reviewed the progress of implementing the presidential directive designed to provide additional financial support to…