Minister of Finance, Ahmed Kouchouk, has issued two ministerial decrees (Nos. 502 and 503 for 2024) regarding key personnel changes at the Egyptian Customs Authority. Sherif El-Kilany Appointed Head ...

The private placement for shares in the United Bank concluded successfully, with a total of 1.878 billion shares subscribed, representing a 5.99 times oversubscription. Major international and local ...

President Abdel Fattah El-Sisi met with Prime Minister, Moustafa Madbouly, and Governor of the Central Bank of Egypt (CBE), Hassan Abdallah. The meeting reviewed the key macroeconomic indicators and ...

The fifth edition of the Arab Sustainable Development Week (ASDW) commenced on November 24, 2024, at the League of Arab States headquarters in Cairo. The event’s theme is Sustainable Solutions for the ...

President Abdel Fattah El-Sisi briefed on the government's plans to ensure the energy sector's needs for petroleum products and the stable supply of gas to the national electricity grid. These efforts ...

UAE’s Global South Utilities and China’s JA Solar signed Memorandum of Understanding (MoU) to establish two solar energy factories in Egypt, in the presence of Prime Minister, Mostafa Madbouly. The ...

The Financial Regulatory Authority (FRA) announced the successful sale of 350 carbon emission reduction certificates, marking a significant step in activating Egypt’s voluntary carbon market. The ...

Prime Minister Mostafa Madbouly revealed during a press conference that delays in settling dues to the Italian company operating the Zohr gas field had stalled further investments in the project.

The Central Bank of Egypt (CBE) reported an increase in net foreign assets (NFA), which reached EGP 520.121 billion by the end of October, compared to EGP 505.074 billion at the end of September, ...

Turkey’s Erciyas Company plans to establish a factory in Egypt to produce wide-diameter oil, natural gas, and water pipelines with an investment worth $60 million, according to a statement released by ...

Al Dahra Egypt, a subsidiary of UAE-based Al Dahra Agricultural Company, is in discussions with the Egyptian government to acquire 80,000 acres in Toshka, East Oweinat, and El-Salhiya regions by 2025.

The Egyptian Minister of Agriculture and Land Reclamation, Alaa Farouk, revealed that the trade volume between Egypt and Australia increased from $270 million in 2015 to approximately $650 million in ...