CBE set to decide EGP interest rates amid sharp split in market expectations
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold its seventh regular meeting of the year tomorrow, Thursday, to determine the direction of the key policy interest rates, which remain the primary indicator guiding short-term
Egypt concludes first D-8 health ministers’ meeting with consensus on four priority areas
Egypt has concluded the first health ministerial meeting of the Developing Eight (D-8) Organisation for Economic Cooperation with broad agreement on four priority areas for joint action, the Ministry of Health announced. The three-day gathering, held in the New Administrative
Local Development Ministry to showcase Upper Egypt development programme at Nov. 27 conference
Egypt will on Nov. 27 hold a high-level conference titled “Reform and Empowerment of Local Administration: Lessons Learned from the Local Development Program in Upper Egypt,” the Ministry of Local Development has announced. The conference, to be held under the
Town Writers Announces a Strategic Partnership With Attaby for Construction and Industry, With Construction Investments Worth EGP 5.1 Billion Over the Next Two Years
Town Writers, a leading real estate developer, has announced the signing of a new strategic partnership agreement with Attaby for Construction and Industry, one of the subsidiaries of Attaby Holding. The company specializes in construction, infrastructure, general contracting, industry, and
Egypt’s drug authority discusses market stability with global pharma firms
The head of the Egyptian Drug Authority (EDA) has met with representatives of multinational pharmaceutical companies to discuss mechanisms for strengthening the country’s drug system and supporting investment. EDA Chairman Dr. Ali El-Ghamrawy affirmed the authority’s keenness to enhance its
El Khatib meets with ICC’s Denton on sidelines of Bloomberg summit
Egyptian Minister of Investment and Foreign Trade, Hassan El Khatib, has met with the head of the International Chamber of Commerce (ICC) in Johannesburg to discuss joint cooperation, the ministry said in a statement. The meeting between El Khatib and
Egypt’s Al-Sisi urges ‘awareness’ and hard work to overcome challenges
Egyptian President Abdel Fattah al-Sisi on Tuesday stressed the importance of national awareness and collective effort to overcome the significant challenges facing the country and to achieve its development and economic growth goals. Speaking to students applying to the Police
Egypt’s public prosecution hands over seized gold worth $34m to central bank
Egypt’s public prosecution has handed over 265 kilograms of seized gold bullion, valued at nearly EGP 1.65bn ($34 million), to the country’s central bank in a move praised by the prime minister as a model for efficient resource management. Speaking
ACI system for air shipments to be implemented by January 2026: Customs chief
Ahmed Amawy, Head of the Customs Authority, confirmed that the successful implementation of the Advanced Cargo Information (ACI) system for maritime shipments has paved the way for its introduction for air shipments starting on 1 January 2026. He explained that
Khalda Petroleum announces new gas discovery in Western Desert
The Ministry of Petroleum and Mineral Resources announced on Monday that Khalda Petroleum Company has made a new gas discovery in the Western Desert. In a statement issued on Monday, the ministry said the company successfully drilled the exploratory well