Egypt sets $12bn target for ready-to-wear garment exports by 2031
Abdel Aziz Elsherif, Head of the Egyptian Commercial Service (ECS), met with Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), to discuss a comprehensive plan to boost…
Price cuts underway across Egypt, says trade federation report
Egyptian Prime Minister Mostafa Madbouly has reviewed a report from the Federation of Egyptian Chambers of Commerce on the progress of a recent initiative to lower prices on a wide…
African agribusiness market expected to reach $1tr by 2030
The African agribusiness market reached approximately $280bn in 2023, according to estimates by the African Development Bank (AfDB), with $35bn representing the Egyptian market alone. It is expected to grow…
Al-Sisi extends Hassan Abdalla’s term as CBE acting governor
President Abdel Fattah Al-Sisi has issued a presidential decree extending the mandate of Hassan Abdalla as acting governor of the Central Bank of Egypt (CBE) for another year, starting from…
Serbia’s Vucic vows ‘tough measures’ against protesters after unrest
Serbian President Aleksandar Vučić on Sunday vowed to take "tough measures" against what he called "rioters" following a wave of widespread anti-government protests, in which he accused some participants of…
Israelis protest for hostage deal amid growing pressure on Netanyahu
Mass protests demanding an end to the war in Gaza and a hostage exchange deal took place in Tel Aviv on Sunday night, amid Israeli media reports that the option…
Zelenskyy seeks US security guarantees as Trump says he can ‘end war now’
Ukrainian President Volodymyr Zelenskyy arrived in Washington on Monday expressing confidence that Ukraine would secure US "security guarantees" with European support, ahead of critical talks with US President Donald Trump,…
Raya Holding reports 38.3% revenue growth in H1 2025, reaching EGP 27.78bn
Raya Holding for Financial Investments, a leading Egyptian investment company with diversified operations across high-growth sectors, announced robust consolidated financial results for the first half (H1) of 2025. The company…
Egypt exports 210,000 tonnes of food, agricultural products in one week
Egypt exported around 210,000 tonnes of food and agricultural products last week, according to a report by the General Organization for Export and Import Control (GOEIC) released by the National…
Egypt to establish four new free zones to drive export growth
The General Authority for Investment and Free Zones (GAFI) has held a meeting with investors from Egypt’s public free zones to discuss development plans and operational mechanisms aligned with the…