EGP 9.3bn allocated to 44,400 farmers under National Veal Project: Agriculture Minister
The National Veal Project, led by Minister of Agriculture and Land Reclamation Alaa Farouk, has approved EGP 299.6m in funding for 428 small-scale farmers and young graduates. This support will facilitate the purchase of 4,280 head of cattle under the
Egypt launches debt-for-investment initiatives to support sustainable development, green transition
Egypt’s Minister of Finance, Ahmed Kouchouk, announced new initiatives to swap debt for investments in sustainable development and the green transition, reaffirming the country’s commitment to enhancing concessional development financing and expanding fiscal space for developing nations. Speaking at the
Madinet Masr partners with Dino Activations as sponsor of Disney on Ice in Cairo
Madinet Masr, one of Egypt’s leading real estate developers, has announced a partnership with Dino Activations, the exclusive local partner of Disney shows, in collaboration with Feld Entertainment, the global entertainment giant. Through this collaboration, Madinet Masr will serve as
Egypt seeks to attract Qatari, Bahraini investments in industry, transport
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held a series of meetings with Qatari and Bahraini officials to enhance economic cooperation and attract investments into Egypt’s industrial and transport sectors. It came
Egypt’s Universal Health System boosts economy, access: Al-Mashat
Egypt’s Universal Health Insurance System (UHIS) aims to provide healthcare coverage for all citizens and improve service quality, according to Minister of Planning, Economic Development, and International Cooperation Rania A. Al-Mashat. Speaking at the Universal Health Insurance Authority’s Annual Forum,
Minister of Supply discusses retail sector development with Panda
Minister of Supply and Internal Trade Sherif Farouk held an extensive meeting with Panda Retail Company, a leading player in the retail sector, to explore avenues for foreign investment and bolster Egypt’s food distribution system. The discussions focused on enhancing
ETA expands digital services to enhance taxpayer support
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), reaffirmed the authority’s commitment to enhancing electronic tax services, aiming to streamline procedures and reduce the burden on taxpayers. These efforts align with the Ministry of Finance and ETA’s broader
Prime Minister reviews Ras El-Hekma masterplan with Modon Holding Leadership
Prime Minister Mostafa Madbouly met on Sunday with Jassem Mohamed Bu Ataba Al Zaabi, Chairperson of Modon Holding, and Bill O’Regan, Group CEO of Modon Holding, to discuss the latest developments in the masterplan for Ras El-Hekma City on Egypt’s
Investment Minister visits Spain to strengthen economic ties
Minister of Investment and Foreign Trade Hassan El-Khatib arrived in Madrid on Sunday for a high-level visit aimed at deepening economic relations between Egypt and Spain. During his trip, he will meet with senior officials, business leaders, and key members
Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024
The Central Bank of Egypt (CBE) reported that the net foreign assets of the Egyptian banking sector recorded a surplus of $5.224bn (EGP 265.898bn) in December 2024, down from $5.95bn (EGP 295.6bn) in November. According to the CBE’s latest report,