World Bank highlights procedures to improve state-owned enterprise governance in Egypt
Despite Egypt’s growth potential, state-owned enterprises (SOEs) and restrictive regulations currently hinder competitiveness. The government aims to redefine the state’s economic role, enhance the business environment, and manage public assets…
Domestic liquidity in banking sector increases to EGP 10.1trn in April 2024: CBE
Non-governmental deposits in local currency increase to EGP 6.505trn in April
Egyptian Countryside Development partners with Elsewedy Capital for agricultural investment project in Farafra, Siwa
Amr Abdel Wahab, the Chairperson and Managing Director of the Egyptian Countryside Development Company, recently signed an allocation contract with Ahmed El-Sewedy, the chairman of Elsewedy Capital Holding Company. According…
Tax policy plays crucial role in attracting investment to Egypt: ETA chief
ETA intensifies communication with business community to exchange visions for stimulating investment environment
British Harbour Energy to invest in Egypt’s petroleum sector
Minister of Petroleum and Mineral Resources, Tarek El Molla, recently met with Linda Cook, the CEO of Harbour Energy—one of the largest British companies operating in the petroleum, gas, and…
Al-Mashat leads Egyptian delegation at inaugural Korea-Africa Summit
Minister of International Cooperation Rania Al-Mashat is leading the Egyptian delegation at the inaugural Korea-Africa Summit in Seoul, representing President Abdel Fattah Al-Sisi. The summit, hosted by South Korean…
CBE to auction $500m in US dollar-denominated T-bills
Proceeds from this auction will be used to pay off previous T-bill issuance on 6 June 2023, through which CBE raises $554.1m
Egypt urges Israeli withdrawal from Rafah crossing amid Gaza ceasefire talks
The tripartite Egyptian-American-Israeli meeting in Cairo concluded with Egypt maintaining its stance on the necessity of Israeli withdrawal from the Rafah crossing, according to Egyptian media reports. The official Israeli…
Egypt’s PM pushes for 30,000 annual teacher appointments to address nationwide shortage
Madbouly calls for swift implementation of Teacher Service Extension Law
Egypt’s Foreign Minister in Spain for talks on Palestinian crisis, bilateral ties
Egypt's Foreign Minister, Sameh Shoukry, arrived in Madrid on Sunday for discussions with Spanish officials on the escalating crisis in Gaza and broader efforts towards Palestinian statehood, the Egyptian…