Over 2,800 Chinese firms invest $8bn in Egypt: GAFI chief
More than 2,800 Chinese companies currently operate in Egypt, with combined investments surpassing $8bn, according to Hossam Heiba, CEO of Egypt’s General Authority for Investment and Free Zones (GAFI). Major…
Pro-Europe candidates lead in Poland, Romania, Portugal elections
Pro-European Union candidates have shown strong performances in elections held in Poland, Romania, and Portugal, where they faced challenges from nationalist, right-wing parties. In Poland, Warsaw Mayor Rafał Trzaskowski, a…
Trump and Putin hold call on Ukraine war amidst deadlock fears
US President Donald Trump and Russian President Vladimir Putin commenced a phone call on Monday to discuss avenues for ending the war in Ukraine, the White House announced. The call…
Tatweer Misr launches REACH programme to stimulate real estate demand amid market slowdown
In a strategic move to counter Egypt’s real estate market slowdown, Tatweer Misr has launched the REACH programme, a flexible financial solution designed to revive consumer demand and address the…
Egypt’s Environment Minister urges stronger public-private partnerships for Arab green transition
Egypt’s Environment Minister Yasmine Fouad has called for deeper collaboration between governments and the private sector across the Arab world to accelerate the region’s transition to a green economy, warning…
Egypt’s Al-Mashat, EU Commissioner Sikela review economic partnership, NWFE programme
Egypt's Minister of International Cooperation, Rania Al-Mashat, met with Josef Sikela, the European Commissioner for International Partnerships, during his visit to Egypt to discuss enhancing economic relations. The two officials…
Al-Wazir directs authorities to enforce European charging protocol for EVs
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, chaired the 24th meeting of the Ministerial Group for Industrial Development, attended by ministers responsible for…
AAIB, MSMEDA sign EGP 150m agreement to boost Egypt’s SME industrial sector
The Arab African International Bank (AAIB) has signed a new financing agreement with the Micro, Small and Medium Enterprise Development Agency (MSMEDA), securing EGP 150m to support small and medium-sized…
Tharwa Petroleum 2024 results approved; Minister calls for new investment arm
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, on Monday approved the 2024 operational results of Tharwa Petroleum Company during its General Assembly meeting. During the assembly, Badawi emphasised…
We support Egyptian Drilling Company’s international expansion, with focus on Saudi Arabia, Kuwait: Petroleum Minister
Kareem Badawi, Minister of Petroleum and Mineral Resources, has reiterated the Ministry’s support for the Egyptian Drilling Company’s (EDC) strategic expansion into international markets, particularly strengthening its footprint in Saudi…