Egypt’s Al-Mashat receives Global Leadership Award in Doha, highlights $97bn African FDI
Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat received the Global Leadership Award from the Choiseul Institute on Tuesday, citing a surge in foreign direct investment as evidence of strengthening partnerships between Africa and the Gulf. Speaking
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
Egypt calls for inclusive Nile Basin dialogue, warns against ‘hostile rhetoric’
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, stressed on Sunday that the challenges facing the Nile Basin cannot be resolved through unilateral measures. He called for renewed inclusivity and trust-building within the Nile Basin Initiative (NBI) as the
UN envoy calls for ‘Club of Debtors’ to tackle Africa’s financial crisis
Africa needs a coordinated “Club of Debtors” to negotiate fair restructuring terms and counter the inflated risk premiums that are strangling the continent’s development, a senior United Nations envoy said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in
Next phase to see deeper African market integration, new financial instruments: EGX chair
Islam Azzam, Chairperson of the Egyptian Exchange (EGX), said the coming phase will witness deeper cooperation among African markets, alongside the introduction of new financial instruments and strengthened frameworks for transparency and disclosure. These steps, he noted, are expected to
Egypt remains priority as Africa50 expands infrastructure investments across continent: Alami
Rabat – Egypt continues to be one of Africa50’s top priority markets, according to Imane Alami, Director of Fund Raising and Investor Relations at the pan-African infrastructure investor and asset manager. Speaking on the sidelines of the Africa Investment Forum,
Africa must reverse colonial infrastructure models to unite: Former Egypt PM
Africa must dismantle the legacy of colonial infrastructure designed for resource extraction and replace it with networks that foster internal unity, former Egyptian Prime Minister Ibrahim Mahlab said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in Cairo, Mahlab
AfDB calls on African nations to accelerate private capital mobilisation to close development financing gap
Rabat – African Development Bank (AfDB) President Sidi Ould Tah urged African governments and financial institutions to intensify efforts to mobilise private capital to bridge the continent’s widening infrastructure and development financing gap. Speaking at the opening of the 2025
Al-Sisi directs acceleration of New Delta project, expanded land reclamation
Egyptian President Abdel Fattah Al-Sisi instructed officials on Monday to speed up work on the New Delta agricultural project and advance new land reclamation initiatives as part of national efforts to strengthen food security, the presidency said. Presidential spokesperson Mohamed
Cairo to host 1st Egyptian–African Economic Conference to advance trade, investment, integration
Egypt will host the first Egyptian–African Economic Conference on Saturday at Al-Ahram’s headquarters in Cairo, under the patronage of Prime Minister Mostafa Madbouly and Abdel Sadeq Al-Shorbagy, chairperson of the National Press Authority. Organised by Al-Ahram Hebdo as part of