Arab African International Bank reports $156m net profit in H1 2024 – Dailynewsegypt
Arab African International Bank (AAIB) reported a net profit of $156m for the first half of 2024, according to a statement released by the bank. This represents a significant increase in profitability for the bank, driven by a change in
Government secures funding for payments to foreign partners in petroleum sector – Dailynewsegypt
Egyptian Prime Minister Mostafa Madbouly convened a meeting on Wednesday to address the needs of the petroleum sector and efforts to boost petroleum product output. Attendees included Central Bank of Egypt’s Governor Hassan Abdalla, Finance Minister Ahmed Kouchouk, and Petroleum
Madbouly reviews efforts to reduce public debt in Egypt – Dailynewsegypt
Egypt’s Prime Minister Mostafa Madbouly met with Finance Minister Ahmed Kouchouk on Wednesday to discuss the country’s ongoing efforts to reduce public debt, maintaining its downward trajectory as a percentage of GDP. A Wednesday press statement by the Cabinet indicated
Egypt’s Health Minister reviews progress in launching e-platform for medical tourism – Dailynewsegypt
Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, received representatives of the company implementing the electronic platform for health tourism, in preparation for its launch during the coming period, at the ministry’s headquarters
Egypt, Japan strengthen economic ties, marking 70 Years of partnership – Dailynewsegypt
The Egyptian Ministry of Planning, Economic Development, and International Cooperation hosted a high-level dialogue to bolster economic relations between Egypt and Japan, coinciding with the 70th anniversary of their diplomatic partnership. The Monday meeting, chaired by Minister Rania Al-Mashat,
Minister El-Khatib, US Ambassador discuss boosting trade, investment relations – Dailynewsegypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, welcomed Herro Mustafa Garg, the US Ambassador to Cairo, along with her delegation. The meeting reviewed the shared economic relations and explored ways to develop and strengthen trade and investment cooperation between
Egypt’s economic stability, private investment attraction on track: Finance Minister – Dailynewsegypt
Ahmed Kouchouk, the Minister of Finance, affirmed that Egypt’s economic situation has stabilized and that the government is actively working to attract private investments. He highlighted that the country achieved positive financial indicators in the budget for the fiscal year
Egypt’s economic stability, private investment attraction on track: Finance Minister – Dailynewsegypt
Ahmed Kouchouk, the Minister of Finance, affirmed that Egypt’s economic situation has stabilized and that the government is actively working to attract private investments. He highlighted that the country achieved positive financial indicators in the budget for the fiscal year
Egypt’s PM advocates for year-round affordable markets – Dailynewsegypt
Egypt’s Prime Minister, Mostafa Madbouly, has proposed the establishment of permanent markets for the sale of goods at affordable prices, akin to the “Ahlan Ramadan” (Welcome Ramadan) and “Ahlan Madaris” (Back to School) fairs. This proposal was made during a
Committed to providing transparent, fair tax environment: Abdel Aal – Dailynewsegypt
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has stressed the authority’s commitment to creating a more transparent and fair tax environment and ensuring effective communication with taxpayers. She highlighted the authority’s efforts to provide tax awareness and