Egyptian-Emirati partnership to develop $500 project overlooking Warraq Island
Project spans area of 20,000 sqm, includes 3 residential and commercial towers, and luxury hotel
Kenyan delegation visits SCZone to learn from Egyptian expertise
Egypt's Suez Canal Economic Zone Authority (SCZone) welcomed a delegation from Kenya's Special Economic Zone Authority (SEZA) on a visit aimed at knowledge sharing and collaboration in developing frameworks for…
Egypt’s digital exports surge to $6.2bn in FY 2022/23: IDSC
Outsourcing services sector grew 54.2% in FY 2022/23, reaching $3.7bn
Egypt’s President Al-Sisi urges ceasefire, humanitarian aid in Gaza
Egypt’s President Abdel Fattah Al-Sisi received on Tuesday, the Director of the Central Intelligence Agency, CIA, William Burns. The meeting was also attended by the Director of the General Intelligence…
Egypt, Qatar work toward ceasefire agreement in Gaza
The directors of the US Central Intelligence Agency (CIA), William Burns, the Israeli intelligence agency Mossad, David Barnea, and the Egyptian General Intelligence Service, Abbas Kamel, will travel to Doha…
Egyptian Cabinet approves $200m in new petroleum agreements
The Egyptian Cabinet, led by Prime Minister Mostafa Madbouly, provisionally approved five petroleum commitment agreements during its first meeting on Tuesday. These agreements, expected to generate roughly $200m in investments,…
Egypt to schedule remaining dues to foreign oil firms within a month: Madbouly
The Egyptian government has established a plan to schedule the remaining outstanding payments owed to foreign oil companies within the next month, according to Prime Minister Mostafa Madbouly. Speaking at…
CBE withdraws EGP 1.249trn in open market operations
The Central Bank of Egypt (CBE) withdrew EGP 1.249trn in open market operations from 30 banks on Tuesday. This follows last week’s withdrawal of EGP 1.082trn from 31 banks. The…
El-Khatib outlines plan to achieve Egypt’s $100bn exports target
Egypt's newly appointed Minister of Investment and Foreign Trade, Hassan El-Khatib, has outlined a comprehensive plan to significantly boost the country's exports, to achieve the goal of $100bn annually. El-Khatib,…
Egyptian government takes steps to improve efficiency of public investment spending
The Egyptian government is taking steps to improve the governance and efficiency of public investment spending, according to Rania Al-Mashat, Minister of Planning and Economic Development and International Cooperation. During…