Egypt’s Al-Mashat receives Global Leadership Award in Doha, highlights $97bn African FDI
Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat received the Global Leadership Award from the Choiseul Institute on Tuesday, citing a surge in foreign direct investment as evidence of strengthening partnerships between Africa and the Gulf. Speaking
Egyptian Commercial Service launches first SCZONE investment promotion mission to U.S.
The Egyptian Commercial Service (ECS) office in Washington, headed by Minister Plenipotentiary for Commercial Affairs Yehia El Wathik Bellah, organised Suez Canal Economic Zone (SCZONE) Chairperson Walid Gamal El-Din’s first promotional mission to the United States from 1 to 5
Egypt forecasts economic growth of at least 5% this fiscal year, minister tells IMF
Egypt expects its economy to grow by at least 5% by the end of the current fiscal year, supported by a continued pace of structural reforms, Planning Minister Rania Al-Mashat said on Saturday. Speaking during a meeting with an International
Egypt’s PM cites optimism on IMF reviews as economic indicators beat targets
Prime Minister Mostafa Madbouly stated on Wednesday that there is “optimism” concerning ongoing talks with the International Monetary Fund (IMF) mission, citing positive economic indicators that have surpassed targets in some areas. Speaking at a weekly press conference following a
Egypt, Bulgaria sign protocol to expand economic ties across 19 sectors
Egypt and Bulgaria have signed a protocol to strengthen cooperation across 19 strategic sectors, including renewable energy, industry, and investment, aiming to bolster economic relations ahead of the centenary of diplomatic ties between the two nations. The agreement was finalised
Egypt, S. Korea hold meeting to tackle investment challenges, deepen economic cooperation
Egypt’s General Authority for Investment and Free Zones (GAFI) convened the inaugural meeting of the Egyptian-Korean Business and Investment Development Committee, with the participation of GAFI CEO Hossam Heiba and Hyundo Yi, Commercial Attaché at the South Korean Embassy in
Egypt’s ECS, US Commercial Service discuss strengthening economic partnership
Head of the Egyptian Commercial Service (ECS) Abdel Aziz El-Sherif met with US Foreign Commercial Service Officer Paul Oliva and Jennifer Patterson, who oversees trade and investment at the Economic Office of the US Embassy in Cairo, as part of
UN envoy calls for ‘Club of Debtors’ to tackle Africa’s financial crisis
Africa needs a coordinated “Club of Debtors” to negotiate fair restructuring terms and counter the inflated risk premiums that are strangling the continent’s development, a senior United Nations envoy said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in
China’s WINPEX to establish $15m lighting equipment plant in Ain Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a new investment agreement with China’s WINPEX, a company specialised in lighting products and electrical appliances. The project, developed under the umbrella of industrial developer
Egypt’s Al-Sisi links national progress to strict law enforcement, says society has role in reforming legal application
Egyptian President Abdel Fattah Al-Sisi on Wednesday linked national progress directly to the strict enforcement of laws without exception, arguing that the entire society, including families, schools, and media, has a critical role in developing awareness to ensure the proper