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
Hamas agrees to draft Gaza ceasefire agreement
As the Israeli war on Gaza continues into its 466th day, there are growing signs that a prisoner exchange deal, aimed at halting the conflict in stages, is nearing completion. The negotiations are being mediated by Egypt, Qatar, and the
Geely Auto to open Egyptian factory with plans for regional export hub
Egyptian Prime Minister Mostafa Madbouly met with Song Jim, Chairperson of Geely Global Automobile and Vice Chairperson of Geely Auto Holding, to discuss the company’s plans to establish a vehicle manufacturing plant in Egypt through a partnership with Auto Mobility.
Deputy PM reviews progress on Egyptian baccalaureate reform
Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, has directed the formation of a higher advisory committee for human development to evaluate the national project and develop operational mechanisms for its implementation, leveraging
Egypt, US presidents discuss Gaza ceasefire efforts
Egyptian President Abdel Fattah Al-Sisi and US President Joe Biden held a phone conversation on Tuesday evening to discuss ongoing efforts to secure a ceasefire in the Gaza Strip. According to an official statement from the Egyptian Presidency, the two
Elsewedy, China’s Kingdom Holdings sign $60m deal to boost Egypt’s textile sector
Elsewedy Industrial Development, a subsidiary of Elsewedy Electric, has signed a significant $60 million agreement with China’s Kingdom Holdings, a global leader in the textile industry, to establish a private free zone in Egypt’s Industria Sadat. The agreement, supported by