British companies express interest in investing in Egypt’s real estate sector
Assistant Minister of Housing for Technical Affairs, Abdel Khalek Ibrahim, recently met with Acting British Ambassador in Cairo, Qudsi Rasheed, and representatives from over 30 British companies. The purpose of…
Egypt’s comprehensive water strategy: From High Dam upgrades to Nile Basin partnerships
Egypt's Ministry of Water Resources and Irrigation has undertaken a comprehensive strategy to address the nation's water needs, investing in infrastructure upgrades, modern irrigation techniques, and international collaborations. In…
Banks report strong Q1 2024 profits in Egypt despite economic challenges
Banks' net profits reach EGP 156.223bn in Q1 2024: CBE
MSMEDA finances 2 million micro, small projects with EGP 51.2bn in 10 years
Basel Rahmi, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has allocated EGP 51.2bn to fund 2 million micro and small projects from…
Egypt aims for international certification as Malaria-free: Health Ministry
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, recently met with a delegation from the Global Malaria Programme of the World Health Organization (WHO) to prepare for Egypt’s international…
Egypt, EIB sign €621m agreement for green sustainable industries
Minister of International Cooperation, Rania Al-Mashat, recently signed two agreements totaling €621m with the European Investment Bank (EIB) and the SPE Capital Fund. The purpose of these agreements is to…
Maait discusses green, sustainable financing opportunities with UNDP
Mohamed Maait, Egypt’s Minister of Finance, recently met with Abdallah Al Dardari, Assistant Secretary-General of the United Nations for the United Nations Development Programme (UNDP). The meeting took place during…
Former Egyptian Tourism Minister Hisham Zaazou joins board of Arabian Kuwaiti Group
Tarek Eid, CEO of Arabian Investment House Holding—the real estate division of Arabian Kuwaiti Group—announced the appointment of former Egyptian Tourism Minister Hisham Zaazou to the company’s board of directors.…
Finance Ministry to launch 6 T-bill, bond auctions of EGP 143bn early July
The Ministry of Finance has announced its intention to issue six auctions of treasury bills and bonds worth EGP 143bn in the first week of July 2024. Acting on behalf…
GAFI CEO outlines ambitious investment reforms at Egypt-EU Investment Conference
At the Egypt-EU Investment Conference, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), unveiled a comprehensive package of reforms aimed at transforming Egypt into…