Egypt’s Al-Sisi and EU’s Costa discuss regional stability, humanitarian aid for Gaza
Egyptian President Abdel Fattah Al-Sisi met with European Council President António Costa on Tuesday to discuss regional stability, the flow of aid into Gaza and the strengthening of ties between Egypt and the European Union. The meeting occurred on the
Al-Sisi affirms support for Lebanon in meeting with Aoun
Egypt’s President Abdel Fattah Al-Sisi met with Lebanon President Joseph Aoun on Tuesday on the sidelines of the Extraordinary Arab Summit held in the New Administrative Capital. According to Egyptian Presidency Spokesperson Mohamed El-Shennawy, Al-Sisi affirmed Egypt’s unwavering support for
Al-Sisi, Al-Sharaa discuss Syrian stability, regional cooperation
Egyptian President Abdel Fattah Al-Sisi met with Syrian President Ahmed Al-Sharaa on Tuesday on the sidelines of the Extraordinary Arab Summit held in the New Administrative Capital. According to Egyptian Presidency Spokesperson Mohamed El-Shennawy, Al-Sisi began the meeting by
FRA approves new rules for Egypt’s settlement guarantee fund
Egypt’s Financial Regulatory Authority (FRA) has approved executive rules and procedures governing the operation of the Settlement Guarantee Fund, aiming to align with global best practices and bolster capital market financial stability. The rules and procedures were issued by the
Egypt’s Electricity Minister affirms commitment to stable power supply, renewables expansion
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Essmat, addressed the Senate on Monday, outlining the ministry’s ongoing efforts to ensure a stable, high-quality electricity supply and its future plans for the sector. He affirmed the government’s commitment to providing
Egypt unveils new oil, gas investment opportunities to boost production
Egypt’s Ministry of Petroleum and Mineral Resources has announced fresh investment opportunities aimed at enhancing exploration, production, and sustainability in the oil and gas sector. The ministry is offering access to seven undeveloped fields in the Mediterranean and six exploration
Gold Star Fashion invests $4.5m in garment factory at West Qantara
The Suez Canal Economic Zone (SCZONE) has signed an investment agreement with Chinese apparel manufacturer Gold Star Fashion to establish a garment production facility in the West Qantara Industrial Zone. The agreement, signed at SCZONE’s headquarters in the New Administrative
MSMEDA injects EGP 2.6bn to support over 95,000 small, micro projects in Qena
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency has provided EGP 2.6bn in funding for over 95,000 small and micro projects in Qena between July 2014 and December 2024. This initiative
CI Capital, Compass launch EGP 3bn C3 Fund to invest in EGX-listed equities
CI Capital Holding and Compass Capital for Financial Investments announced on Monday the launch of Egypt’s first onshore private equity fund, C3 Capital Fund 1, with a target size of EGP 3bn at final close. The fund is dedicated to
German investors eye Egypt as key market, multiple trade delegations expected in 2025
German investors are showing a strong interest in Egypt’s economic potential, recognizing the country’s strategic opportunities and ongoing market reforms, according to Maren Diale-Schellschmidt, CEO of the German-Arab Chamber of Industry and Commerce (AHK Egypt). She emphasized that Egypt’s economic