In a significant step towards transforming Egypt into a regional logistics hub, Prime Minister Mostafa Madbouly addressed the media following the ceremony of the first flight of the Egyptian-Italian ...

Egyptian Prime Minister Mostafa Madbouly announced that Egypt and Qatar will collaborate on a significant real estate investment project in the country's North Coast region. The project is expected to ...

Egypt’s car imports reached $1.692 billion during the first eight months of 2024, marking a significant rise from $1.155 billion in the same period of 2023. This increase of approximately $536.6 ...

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 ...

Credit ratings agency Moody's has expressed optimism about Egypt's economic trajectory, projecting a 5% growth rate for the upcoming fiscal year. This follows an estimated 4% growth in the current ...

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 ...

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 ...

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.