Optimism persists despite high inflation rates in Egypt’s financial markets: Experts
Deeper dive into financial markets is crucial yet overlooked, says Abdelatif
Egypt, Lithuania forge ahead in ICT collaboration
Amr Talaat, Egypt’s Minister of Communications and Information Technology, welcomed Marius Skuodis, Lithuania’s Minister of Communications and Transport, along with his delegation, to the ministry’s headquarters in Egypt’s New Administrative…
UNDP, MSMEDA strengthen collaboration to empower local communities in Aswan
The United Nations Development Programme (UNDP) and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) of Egypt have reaffirmed their commitment to supporting local communities through joint initiatives. During…
Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities
Egyptian Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to discuss efforts to ensure the availability of essential and basic commodities and increase their strategic reserves. The meeting was…
Egyptian exporters advocate for two-year tax exemption
Ahmed Zaki, Secretary-General of the Exporters Division at the Cairo Chamber of Commerce, has urged for a comprehensive review and stocktaking of Egyptian exports. His proposal includes a strategic focus…
Egypt’s external debt increases to $168.03bn in December 2023: CBE
The Central Bank of Egypt (CBE) has reported that Egypt’s external debt rose to $168.03bn in December 2023, compared to $164.521bn in September 2023. This represents an increase of approximately…
GAFI empowers entrepreneurs, startups in collaboration with African Development Bank
The General Authority for Investment and Free Zones (GAFI), in partnership with the African Development Bank, successfully concluded a programme aimed at enhancing the entrepreneurial ecosystem. This initiative significantly bolstered…
Environment Ministry, Haretna Foundation sign protocol for sustainable development
The Egyptian Ministry of Environment has signed a cooperation protocol with the Egyptian Haretna Foundation for Sustainable Development. The primary aim of this partnership is to preserve the environment and…
TSFE outlines three potential acquisition strategies for Misr Pharmacies
Misr Pharmacies is gearing up to channel EGP 120m into expansion and digitalization efforts this year, as per recent media disclosures. CEO Ahmad Hassan of Misr Pharmacies has revealed plans…
Global military spending soars to $2.44trn amid war, geopolitical tensions: SIPRI
Global military expenditure reached a staggering $2.443trn in 2023, marking a significant 6.8% increase from the previous year. This represents the steepest year-on-year rise since 2009, according to a new…
