Egypt to build freight terminal at Qous Station on High-Speed Rail to boost Qena Industrial Zone
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, recently conducted a comprehensive inspection tour of the second line of Egypt’s high-speed electric rail network, which spans 1,100 km from October to Aswan, including
Egypt, France discuss ways to advance investment cooperation, streamline customs procedures
The General Authority for Investment and Free Zones (GAFI) held an expanded meeting with French Ambassador to Egypt Éric Chevallier and Egyptian Customs Authority Chairperson Ahmed Amoui, bringing together senior French officials and representatives of French companies operating in the
GAFI unveils updated framework for financial valuation, due diligence
The General Authority for Investment and Free Zones (GAFI) has officially approved an updated technical and regulatory framework for corporate valuation and pre-investment financial due diligence. This move is part of Egypt’s broader efforts to improve the business climate and
Egyptian Commercial Service launches first SCZONE investment promotion mission to U.S.
The Egyptian Commercial Service (ECS) office in Washington, headed by Minister Plenipotentiary for Commercial Affairs Yehia El Wathik Bellah, organised Suez Canal Economic Zone (SCZONE) Chairperson Walid Gamal El-Din’s first promotional mission to the United States from 1 to 5
Israel escalates military action in Gaza, violates ceasefire amid rising casualties
Tensions in Gaza have reached new heights as the Health Ministry reported five additional fatalities over the past 24 hours, including three newly confirmed deaths, along with 11 injuries. The ministry stated that two bodies had been recovered, though an
Pakistanis see economic stability and low bribery rates, though police corruption persists: Transparency International
A majority of Pakistanis recognise government efforts to stabilise the economy and report facing no bribery pressures in daily life, although the police force remains the sector perceived as most corrupt, a Transparency International Pakistan survey showed on Tuesday. The
Egypt reviews plans for first national medical simulation centre
Egypt’s Health Minister Khaled Abdel Ghaffar reviewed progress on the country’s first national medical simulation and clinical training centre, known as the “Nile” project, during a meeting on Monday, according to the Ministry of Health. Abdel Ghaffar described the centre
Al-Sisi, Haftar discuss Libya stability, call for withdrawal of foreign forces
Egypt’s President Abdel Fattah Al-Sisi met with Libyan National Army (LNA) Commander Khalifa Haftar in Cairo on Monday to discuss Libya’s stability and the broader regional situation. The meeting underscored Egypt’s firm commitment to Libya’s unity and sovereignty, with both
Egypt finalising tender documents for Hurghada airport management
Egypt is finalising the technical and regulatory studies required to offer the management and operation of Hurghada International Airport to the private sector, Civil Aviation Minister Sameh El-Hefny said on Monday. The announcement came following a meeting at the New
GAFI launches guideline for cash investment Incentive to support industrial projects
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced the release of the official guideline for the new cash investment incentive dedicated to industrial projects. The initiative reflects the government’s commitment to transparency, clarity, streamlined