Egyptian Minister, Japanese Ambassador review cooperation plans in Cairo
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Japan’s Ambassador to Cairo, IWAI Fumio, to discuss the implementation plan for outcomes from her December 2024 visit to Japan. The meeting, held at the ministry’s headquarters
CIB completes EGP 1.56bn securitization deal for B.TECH, serving as financial advisor, arranger, and manager
The Commercial International Bank (CIB) Egypt has successfully concluded the fourth securitization deal for B.TECH, valued at EGP 1.5605bn. CIB acted as the financial advisor, arranger, manager, and promoter for the transaction, which is part of a two-year securitization Programme
CBE reveals developments in Egypt’s external debt as of June 2024
Egypt’s external debt reached $152.9bn in June 2024, marking a decrease of approximately $11.8bn (7.2%) compared to June 2023. This decline resulted from several factors, including the conversion of around $11bn in UAE deposits at the CBE into investments for
Suez Canal signs MoU with Omani Integrated Logistic Services
Osama Rabie, Chairperson of Suez Canal Authority, witnessed on Wednesday, the signing of a Memorandum of Understanding (MoU) with Omani Integrated Logistic Services SAOC. The signing ceremony, held at the Authority’s headquarters in Ismailia. The MoU outlines discussions on
Egypt’s National Food Safety Authority outlines progress on 2023-2026 strategy
Egypt’s Prime Minister Mostafa Madbouly met with Tarek El-Hoby, head of the National Food Safety Authority, to review the progress made in implementing the authority’s strategic plan for 2023-2026. The meeting, held today, focused on the plan’s objectives, which aim
FEDCOC urges reassessment of customs law penalties to boost investment climate
Mohamed Al-Argawy, Chairperson of the Customs Committee of the Importers Division at the Federation of Chambers of Commerce (FEDCOC), has called for a review of specific provisions in the customs law pertaining to penalties for violations and the responsibilities of
Madinet Masr, GTCI partner to invest over EGP 263m in Taj City infrastructure
Egyptian real estate developer Madinet Masr has entered a strategic partnership with GTCI Constructors for Energy and Infrastructure Projects, a subsidiary of Al Tawakol Group, to invest more than EGP 263m in advancing the infrastructure of Taj City, a mixed-use
Deputy PM emphasizes private sector’s role in advancing Egypt’s health system
Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, has underscored the significance of private sector collaboration in developing Egypt’s health system. Speaking at a symposium organized by the Egyptian-Lebanese Businessmen Association under the theme “The Importance
Egyptian Foreign Minister meets Sudan’s Burhan, pledges continued support
Egyptian Foreign Minister Badr Abdelatty met with General Abdel Fattah Al-Burhan, head of Sudan’s Sovereign Council, on Wednesday in Port Sudan. The meeting, which took place on Jan. 15, 2025, was held under the guidance of the Egyptian President. According
Egypt’s Local Development Minister meets S. Korean ambassador to strengthen cooperation
Manal Awad, Egypt’s Minister of Local Development, welcomed Kim Young-hyun, South Korea’s Ambassador to Cairo, for a meeting to discuss expanding bilateral cooperation in the field of local development. The Monday meeting was also attended by Hossam Al-Qawish, Assistant Minister