Grand Egyptian Museum to boost tourism, help attract 30 million visitors by 2030: Al-Mashat
The Grand Egyptian Museum (GEM) is a strong addition to cultural tourism in Egypt and will help the country achieve its goal of attracting 30 million tourists by 2030, Minister of Planning Rania Al-Mashat has said. In an interview with
Polish investments in Egypt surpass $1.7bn, driven by green ammonia, furniture, and silo projects
Polish investments in Egypt have recorded remarkable growth in recent years, reaching over $1.7bn, supported by several major projects led by leading Polish companies. Among the most prominent are Hynfra’s $1.6bn green ammonia production project, Padma’s €70m investment in furniture
Finance Ministry, MSMEDA implement ambitious plan to support entrepreneurs: Rahmy
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), affirmed the strong support provided by the Ministry of Finance to the small and medium enterprise (SME) sector through the General Authority for Government Services, and its
Suez Canal sees largest container ship in two years as traffic returns
The Suez Canal on Saturday witnessed the passage of the CMA CGM BENJAMIN FRANKLIN, the largest container ship to transit the waterway in two years, in what the canal authority’s chairperson described as a positive sign of traffic returning to
NFAs in Egypt’s banking sector rise by EGP 115.2bn during FY 2024/25
The Central Bank of Egypt (CBE) has revealed that net foreign assets (NFAs) within the banking system rose by the equivalent of EGP 115.2bn during the fiscal year (FY) 2024/2025, recording a growth rate of 18.4%. This increase resulted from
Egypt’s government complaints system received 193,000 requests in October
Egypt’s unified government complaints system received 193,000 complaints, requests, and inquiries in October, with ministries handling 62% of the total, the prime minister’s office said. Prime Minister Mostafa Madbouly reviewed a detailed report on the system’s performance and praised the
Egypt launches world’s largest palm farm in Toshka, Al-Owainat with 2.3 million trees
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has stated that the 8th International Egyptian Dates Festival is receiving strong state support, reflecting Egypt’s focus on developing promising industrial and export sectors. The festival
NBE leads EGP 1bn syndicated loan to finance Mashareq Real Estate’s ZAG East in New Cairo
The National Bank of Egypt (NBE) has led a consortium of banks to arrange a long-term syndicated loan worth approximately EGP 1bn for Mashareq Real Estate Investment, a subsidiary of Pioneers Properties for Urban Development (PRE Group). The financing will
Egypt to adopt World Bank Human Capital Report as roadmap for government policy
Egypt will adopt the World Bank’s Human Capital Report on Egypt as a roadmap for government policy, aligning national development strategies with global human capital indicators and the country’s long-term sustainability goals, Minister of Health and Population Khaled Abdel Ghaffar
ICCD launches B57+ initiative to strengthen economic integration among Islamic nations
The Islamic Chamber of Commerce and Development (ICCD) has announced the launch of the B57+ Initiative during the 2025 Business Leaders Summit in Istanbul, marking a significant step forward in economic cooperation and private-sector integration among member states of the