Egypt prioritizes land route project with Chad to strengthen trade, economic integration
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, began his visit to N’Djamena, Chad, by participating in the opening session of the International Forum for Infrastructure Development of Chad (FIDIT). The event was attended
Egypt, Croatia sign MoU to strengthen bilateral investment ties
Egyptian Prime Minister Mostafa Madbouly and Croatian Prime Minister Andrej Plenković witnessed the signing of a Memorandum of Understanding (MoU) between Egypt’s General Authority for Investment and Free Zones (GAFI) and Croatia’s Ministry of Economy and Sustainable Development. The agreement
Egypt’s foreign exchange earnings surge to $159.6bn in 2023/2024
Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in 2022/2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). This growth was largely driven by
Misr Italia Properties Achieves EGP 4bn in Sales for January 2025
Misr Italia Properties recorded EGP 4bn in sales in January 2025, marking an impressive 200% growth compared to the same period last year. This strong performance is seen as a key step toward meeting the company’s first-quarter targets, with expectations
Egypt launches EGP 1bn ‘Alliance & Development’ initiative to drive regional innovation
Ayman Ashour, Minister of Higher Education and Scientific Research, has launched the competitive call for the presidential initiative ‘Alliance and Development’ to establish seven regional alliances aimed at stimulating innovation across the country, with funding reaching up to EGP 1bn.
Tax relief package scheduled for March: ETA chief
Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), has confirmed that the Minister of Finance is closely monitoring the implementation mechanisms of the new tax relief package, designed to meet the aspirations of taxpayers and businesses. She announced
Egypt’s Health Minister explores investment opportunities with San Donato delegation
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Kamal El-Gheribi, Chairperson of GKSD Holding for Investment and Chairperson of the Italian San Donato Hospital Group, along with an accompanying delegation, to discuss potential
Energy firms urge Egypt to honor payments, boost cooperation on advanced technologies
Egypt’s Prime Minister Mostafa Madbouly chaired a high-level roundtable discussion on Tuesday titled “Egypt’s Energy Transition Future” at the Cabinet headquarters in the New Administrative Capital. The meeting brought together key ministers—including those of Environment, Electricity and Renewable Energy, Finance,
FRA explores AI integration in insurance, investment funds: Farid
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), has announced that a study is underway to facilitate the use of artificial intelligence (AI) algorithms in insurance and investment fund activities. These technologies will enable more efficient comparisons between investment
Environment Minister, Fayoum Governor discuss progress of ‘Safe Haven for Wildlife’ project in Wadi El Rayan
Minister of Environment Yasmine Fouad and Governor of Fayoum Ahmed El Ansari met to review the latest developments in the “Safe Haven for Wildlife in Wadi El Rayan Protected Area” project. The meeting, attended by key officials, environmental leaders, and