Egypt showcases water scarcity experience at UN desertification conference in Mongolia
Egypt is showcasing its experience in addressing water scarcity and climate adaptation at the high-level segment of the 17th Conference of the Parties to the United Nations Convention to Combat…
Egypt’s foreign minister urges implementation of Trump peace plan and US-Iran pact in call with French counterpart
Minister of Foreign Affairs Badr Abdelatty has called for the implementation of the first and second phases of US President Donald Trump's peace plan and the resumption of the US-Iran…
Private sector secures 60% of investments as economic risk falls, Egypt finance minister tells premier
The private sector currently accounts for nearly 60% of total investments in Egypt as improving economic indicators drive international risk assessments to their lowest levels since 2014, Finance Minister Ahmed…
First phase of Egypt’s Decent Life scheme delivers upgrades to 907 villages as government preps second stage
Prime Minister Mostafa Madbouly announced the completion of 23,741 infrastructure projects during the first phase of the "Decent Life" presidential initiative, a massive national scheme aimed at developing rural villages.…
Foreign exchange reserves at safe levels, Egyptian premier and central bank governor affirm
Egypt currently holds safe levels of foreign exchange reserves capable of securing strategic requirements for basic commodities, Prime Minister Mostafa Madbouly and Central Bank of Egypt (CBE) Governor Hassan Abdalla…
US firms offered port and terminal operations as Egypt seeks regional manufacturing status
Transport Minister Kamel El-Wazir has pitched opportunities for US companies to manage and operate key port terminals and establish joint industrial zones in a bid to position Egypt as a…
US and Egyptian officials explore port partnerships as SCZone touts expansion
The Suez Canal Economic Zone (SCZone) attracted 117 new projects in its industrial areas with investments totalling approximately $7.3bn during the concluded fiscal year (FY) 2025/26, its chairperson announced. …
Egypt’s foreign minister, US advisor coordinate on de-escalation in Sudan, Libya, and Horn of Africa
Minister of Foreign Affairs Badr Abdelatty and Massad Boulos, Senior Advisor to the US President for Arab and African Affairs, discussed efforts to de-escalate ongoing crises in Sudan, Libya,…
CBE issues regulations governing eKYC services to support digital banking, financial inclusion
The Central Bank of Egypt (CBE) has approved regulations governing the services of the Digital Financial Identity (DFI) Platform for identifying bank customers and electronically verifying their identities (eKYC), as…
Egypt’s investment risk rating falls to lowest level since 2014, finance minister says
International investors have lowered their assessment of investment risk in Egypt to its lowest level since 2014 in response to recent economic reforms, Finance Minister Ahmed Kouchouk said. Speaking…