Private sector captures 63% of Egypt’s total investments as economic growth accelerates: Kouchouk
Egypt's private sector accounted for 63% of the country's total investments over the past year, becoming the largest contributor to economic growth following a 32% increase in private investments, Minister…
Egyptian Prime Minister heads to New York to lead delegation at UN General Assembly
Egyptian Prime Minister Mostafa Madbouly departed Cairo International Airport for New York on Sunday morning to lead Egypt's delegation at the 81st session of the United Nations General Assembly (UNGA),…
FRA explores developing Egyptian Movable Collateral Registry services
The Financial Regulatory Authority (FRA) has launched an extensive dialogue with stakeholders to develop the services, procedures, and electronic operating system of the Egyptian Movable Collateral Registry, in line with…
Egyptian FM urges protection of Strait of Hormuz shipping during UNGA meetings
Egyptian Foreign Minister Badr Abdelatty called for de-escalation and a return to political negotiations over the Iran crisis and developments in Yemen, while stressing the need to protect freedom of…
Two waste transfer stations open in Nile Delta with 600-tonne daily capacity
Two waste transfer stations with a combined capacity of 600 tonnes a day have opened in Dakahleya and Gharbeya at a cost of €3.8m as part of the Kitchener Drain…
FRA approves 11 companies, entities to conduct non-banking financial activities
The Financial Regulatory Authority (FRA) has approved the establishment, registration and licensing of 11 companies and entities to conduct non-banking financial activities, alongside the establishment of investment funds and specialised…
National Identity Conference opens in Alexandria to address societal cohesion and digital challenges
The "National Identity: Deep Roots and a Renewed Vision" conference opened on Monday at the Bibliotheca Alexandrina, bringing together ministers, academics, and youth representatives to address societal cohesion and cultural…
Egypt’s electricity minister reviews grid upgrades and battery storage plans to absorb renewable energy
Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat reviewed plans to upgrade the national unified power grid to absorb new solar and wind capacities and implement battery storage projects…
GAFI approves first four projects in Al Ahly Industrial Development investment zone
Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), chaired a meeting of the Board of Directors of Al Ahly Industrial Development Company’s investment zone in…
Investment minister inspects ECPC Conciles prestressed concrete factory
Mohamed Farid, Minister of Investment and Foreign Trade, inspected the ECPC Conciles factory for the production of prestressed concrete in 10th of Ramadan City, in the presence of Khaled Hashem,…