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
Suez Canal Economic Zone receives 24 new cranes for Hutchison’s automated Sokhna terminal
Egypt’s Suez Canal Economic Zone (SCZone) received 24 new container-handling units on Monday for the Red Sea Container Terminal (RSCT), operated by Hutchison Ports at Ain Sokhna, the authority said in a statement. The equipment — supplied by Shanghai Zhenhua
Egypt to analyse 3.5 billion e-invoices, receipts to boost economy, service quality: Finance Minister
Finance Minister Ahmed Kouchouk said that Egypt is ready to deploy artificial intelligence tools to fully capitalise on its digitised tax and public finance systems. He noted that the ministry now holds 3.5 billion electronic invoices and receipts that it
Egypt, Azerbaijan hold talks to deepen economic and digital cooperation
Egypt’s Planning and Economic Development Minister Rania Al-Mashat met Azerbaijan’s Digital Development and Transport Minister Rashad Nabiyev in Cairo on Monday as the two countries opened the sixth session of the Joint Egyptian–Azerbaijani Committee for Economic, Scientific and Technical Cooperation.
Egypt’s Madbouly meets Japanese, Vietnamese leaders at G20 to deepen strategic, economic ties
Egyptian Prime Minister Mostafa Madbouly held separate meetings with Japanese Prime Minister Sanae Takaichi and Vietnamese Prime Minister Pham Minh Chinh on the sidelines of the 2025 G20 Summit in Johannesburg, where he is representing President Abdel Fattah Al-Sisi. Madbouly
Egypt secures €53.8m green industry financing from AFD, EIB
Egypt signed a €53.8m concessional financing and grant agreement with the French Development Agency (AFD) and the European Investment Bank (EIB) to support its Sustainable Green Industries (GSI) programme, which promotes greener industrial production, reduces emissions, and enhances competitiveness, the
Entrepreneurship key to building more competitive economy at 2025 awards ceremony: Al-Mashat
Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said entrepreneurship remained a core pillar of the country’s move towards a more productive, innovative and competitive economy, as she attended the 5th Egypt’s Entrepreneur Awards (EEA) 2025 at
El Khatib meets with ICC’s Denton on sidelines of Bloomberg summit
Egyptian Minister of Investment and Foreign Trade, Hassan El Khatib, has met with the head of the International Chamber of Commerce (ICC) in Johannesburg to discuss joint cooperation, the ministry said in a statement. The meeting between El Khatib and



