Egypt, Greece seek to deepen investment, innovation partnership
The General Authority for Investment and Free Zones (GAFI) is working to strengthen investment cooperation with Greece as part of Egypt’s broader strategy to expand economic ties with international partners.…
Egypt invests EGP 26.5bn to upgrade power transmission network in FY2025
Egypt invested approximately EGP 26.5bn in fiscal year 2024/2025 to modernize and expand its power transmission network, enhance grid efficiency, and integrate renewable energy into the national grid, the Ministry…
Harby Group launches construction of Seven Residence in October Gardens
Harby Group has commenced construction on its latest residential development, Seven Residence, in October Gardens, following the receipt of ministerial approvals and the implementation of a payment model that links…
Egypt, India discuss March trade mission to expand industrial exports
The Egyptian-Indian Business Council held an expanded meeting marking a new phase in economic relations between Egypt and India, shifting the focus from traditional trade exchange towards joint manufacturing, technology…
Epstein shadow haunts Westminster as Prince Andrew discloses sensitive trade files
In the quiet corridors of British diplomacy in 2010, the Duke of York held a position of significant trust as the UK’s special representative for international trade. However, newly unearthed…
Egypt’s FRA raises microfinance insurance age limit to 65 in updated model
Egypt’s Financial Regulatory Authority (FRA) has raised the maximum age for microfinance insurance from 60 to 65 years as part of an updated standard group insurance model, according to a…
Egypt’s Supply Ministry cuts frozen poultry prices ahead of Ramadan
Egypt’s Ministry of Supply and Internal Trade has ordered a significant reduction in the price of frozen poultry at state-affiliated outlets and "Ahlan Ramadan" exhibitions, moving the price below the…
CBE’s role is not to push currency up or down: Governor
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the second edition of the AlUla Conference for Emerging Market Economies, organised by the Saudi Ministry of Finance…
Arab, Muslim states condemn Israeli measures in West Bank, reject annexation
The foreign ministers of Egypt, Jordan, the United Arab Emirates, Indonesia, Pakistan, Türkiye, Saudi Arabia, and Qatar condemned what they described as Israel’s “illegal measures” aimed at asserting sovereignty over…
MSMEDA signs EGP 500m funding agreement with Suez Canal Bank
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 500m with Suez Canal Bank to expand funding for industrial and productive projects and…