Egypt’s Al-Wazir, Poland’s PADMA discuss plan to establish furniture production complex in New Alamein
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with a delegation from Polish company PADMA, led by CEO Dariusz Krupa, to discuss the company’s investment plans in Egypt’s furniture manufacturing sector. PADMA
SCZone Chairperson promotes zone’s investment opportunities in Marseille
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZone), recently participated in a promotional tour in Marseille, France, seeking to attract French investment to the SCZone. Gamal El-Din participated in a session titled “Business Climate in Egypt: Challenges,
EBI highlights strong achievements in FY 2023/24, expanding reach across Africa
The Egyptian Banking Institute (EBI), the official training arm of the Central Bank of Egypt, has announced its achievements for the fiscal year (FY) 2023/24, highlighting its commitment to developing human capital within the banking sector in Egypt and across
Investment Minister meets 30 French companies to promote investment in Egypt
Minister of Investment and Foreign Trade Hassan El-Khatib has participated in a series of meetings organized by MEDEF International, the French Business Confederation comprising 7,100 companies across various sectors. The meetings were attended by French Ambassador to Cairo Eric Chevallier,
Electricity Minister explores partnership with Siemens Energy for emissions reduction
Minister of Electricity and Renewable Energy Mahmoud Esmat met with Siemens Energy Managing Director for Africa, Dietmar Siersdorfer, and Managing Director Ashraf Hamasa, along with their delegation. The meeting focused on advancing energy generation through innovative technologies to address energy
Madaar announces expansion plans, exclusive offers at Cityscape Egypt 2024
Madaar Development, a leader in Egypt’s real estate market, has presented exclusive deals and flexible long-term payment plans at Cityscape Egypt 2024, solidifying its market presence with ambitious expansion plans and innovative offerings. During the exhibition that lasted from 25
CBE reports $9.7bn BoP surplus for FY 2023/24
Despite the current economic and political challenges on the global front, the transactions of the Egyptian economy with the external world achieved an overall BoP surplus of $9.7bn during FY 2023/2024, according to the Central Bank of Egypt (CBE). The
Cairo Urban Week Kicks Off October 27: A Celebration of Sustainability, Art, and Urban Development
In the lead-up to the 12th World Urban Forum (WUF12), which Egypt will host in November, the United Nations Human Settlements Programme (UN-Habitat) in Egypt, in collaboration with the Cairo Governorate, is launching Cairo Urban Week on October 27. This
Egypt, China Foreign Ministers discuss cooperation, regional concerns at UN
Egypt’s Foreign Minister and Minister of Immigration and Expatriate Affairs, Badr Abdelatty, met with China’s Foreign Minister, Wang Yi, on the sidelines of the United Nations General Assembly. The two ministers expressed satisfaction with the progress of strategic relations between
Egypt-Germany trade exchange reaches $2.5bn in H1 2024: CAPMAS – Dailynewsegypt
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Wednesday a 4.2% increase in the trade exchange between Egypt and Germany, reaching $2.5bn during the first half of 2024, compared to $2.4bn in the same period of 2023. In