Egypt celebrates World Water Day 2025 under theme ‘Preserving Glaciers’
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, led the 2025 World Water Day celebration on Saturday evening, organized by the Ministry of Water Resources and Irrigation in collaboration with the European Union Delegation in Egypt. The event was
ETA holds key meetings with professional syndicates to optimize new tax benefits
Rasha Abdel Aal, the Head of the Egyptian Tax Authority (ETA), has conducted a comprehensive meeting with representatives from the syndicates of doctors, engineers, veterinarians, dentists, and pharmacists to outline the first phase of the new tax relief initiative and
Cabinet approves private free zone project for metro parts, cables in Borg El Arab
Prime Minister Mostafa Madbouly chaired a meeting of the ministerial group for industrial development, which was attended by key ministers from Egypt’s economic group and other relevant authorities. During this session, approval was granted for a new project under the
Gold prices surge 5.9% since early March amid market uncertainty
Global gold prices continued their upward trajectory last week, marking a third consecutive weekly gain despite a pullback in the final two trading sessions after reaching an all-time high. Over the past week, gold prices rose by 1.3%, peaking at
Annual urban inflation drops sharply to 12.8% in February 2025: CBE
Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025, down from 24.0% in January, marking its lowest level in nearly three years. This sharp decline was largely driven by a favorable base effect and stable monthly price
Air Liquide Egypt, UEG sign MoU for green ammonia project
Air Liquide Egypt and United Energy Group (UEG) have signed a Memorandum of Understanding (MoU) to collaborate on sustainable energy transition projects in Egypt, focusing on the production of low-carbon ammonia derived from renewable hydrogen. Egypt, with its abundant renewable
GAFI and Mashreq Bank to promote investment opportunities in Egypt
Egypt’s General Authority for Investment and Free Zones (GAFI) and Mashreq Bank Egypt have signed a memorandum of understanding (MoU) to enhance cooperation in the field of investment and promote Egypt’s growing business opportunities. The MoU was signed on
HSBC introduces pioneering liquidity solution for Middle East corporates, advancing real-time treasury management
HSBC has unveiled an innovative cash concentration solution designed to help corporate clients navigate the Middle East’s accelerating digital transformation. The HSBC Seven-Day Cash Concentration Solution empowers businesses to automate in-country liquidity management every day of the week, including weekends
Egyptian Red Crescent prioritises aid to Palestinians amid crisis
The Egyptian Red Crescent’s Board of Directors convened a meeting, chaired by Maya Morsy, Minister of Social Solidarity and Deputy Chairperson of the Board, with a primary focus on the organisation’s ongoing efforts to support Palestinians amid the current humanitarian
Egypt launches ‘Digital Pioneers’ initiative to train youth, expand tech exports
Egyptian President Abdel Fattah Al-Sisi met on Tuesday with Prime Minister Mostafa Madbouly and Minister of Communications and Information Technology Amr Talaat to review government efforts on the “Digital Pioneers” initiative, a programme designed to equip young people with advanced