Central Bank of Egypt governor stresses need for boosting domestic production to curb inflation
The Governor of the Central Bank of Egypt (CBE), Hassan Abdalla, is participating on Wednesday in the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’…
Egypt’s PM says Gaza war dominating political scene, vows to continue economic reform
Egyptian Prime Minister Mostafa Madbouly said on Wednesday that current events in the region are dominating the political scene and that the government is moving forward with its economic reform…
El Gouna Film Festival’s 8th edition to coincide with UN’s 80th anniversary
The eighth edition of the El Gouna Film Festival (GFF) will coincide with the 80th anniversary of the United Nations, highlighting development issues through a partnership with the U.N. in…
Cairo governor briefs PM on Khan el-Khalili, Rameses Square development
Egyptian Prime Minister Mostafa Madbouly on Wednesday met with the Governor of Cairo, Ibrahim Saber, to review the executive status of a number of ongoing development projects in the capital…
Egypt’s SCZONE showcases investment opportunities to US ambassador, companies
The head of the Suez Canal Economic Zone (SCZONE) has met with the US ambassador to Cairo and a delegation from major American companies to showcase investment opportunities, particularly in…
Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences
Egypt on Tuesday strongly condemned Israel’s latest military operation in Gaza City, calling it a dangerous escalation and a blatant violation of international humanitarian law. The Egyptian Foreign Ministry warned…
Egypt expands medical, humanitarian support for Gaza patients
Egypt’s Health Minister Khaled Abdel Ghaffar chaired a high-level meeting on Tuesday of the national committee for health and social support to Gaza’s wounded and ill, alongside the ministers of…
MSMEDA plans to establish permanent African markets for Egyptian SMEs: Rahmy
Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency is working on a strategic plan to establish permanent African markets for products…
Finance Ministry presents three new investor facilitation packages to PM to boost investment climate
Minister of Finance Ahmed Kouchouk announced the submission of three new investor facilitation packages to Prime Minister Mostafa Madbouly, as part of ongoing efforts to stimulate private investment and enhance…
Egypt’s construction sector drives FDI growth with $35.8bn from Ras El Hekma deal: GAFI
Egypt’s construction and real estate sector has emerged as the top recipient of foreign direct investment (FDI), attracting $35.8bn in FY 2023/2024—primarily fueled by the landmark Ras El Hekma deal—according…