Polish investments in Egypt surpass $1.7bn, driven by green ammonia, furniture, and silo projects
Polish investments in Egypt have recorded remarkable growth in recent years, reaching over $1.7bn, supported by several major projects led by leading Polish companies. Among the most prominent are Hynfra’s $1.6bn green ammonia production project, Padma’s €70m investment in furniture
Finance Ministry, MSMEDA implement ambitious plan to support entrepreneurs: Rahmy
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), affirmed the strong support provided by the Ministry of Finance to the small and medium enterprise (SME) sector through the General Authority for Government Services, and its
Suez Canal sees largest container ship in two years as traffic returns
The Suez Canal on Saturday witnessed the passage of the CMA CGM BENJAMIN FRANKLIN, the largest container ship to transit the waterway in two years, in what the canal authority’s chairperson described as a positive sign of traffic returning to
Egypt, Russia, EU coordinate on Gaza peace implementation, Sudan crisis
Egyptian Foreign Minister Badr Abdelatty on Friday held separate phone calls with his Russian counterpart, Sergey Lavrov, and the European Union’s foreign policy chief, Kaja Kallas, to discuss the implementation of the Gaza peace deal and the escalating crisis in
NFAs in Egypt’s banking sector rise by EGP 115.2bn during FY 2024/25
The Central Bank of Egypt (CBE) has revealed that net foreign assets (NFAs) within the banking system rose by the equivalent of EGP 115.2bn during the fiscal year (FY) 2024/2025, recording a growth rate of 18.4%. This increase resulted from
Egypt’s government complaints system received 193,000 requests in October
Egypt’s unified government complaints system received 193,000 complaints, requests, and inquiries in October, with ministries handling 62% of the total, the prime minister’s office said. Prime Minister Mostafa Madbouly reviewed a detailed report on the system’s performance and praised the
Egypt launches world’s largest palm farm in Toshka, Al-Owainat with 2.3 million trees
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has stated that the 8th International Egyptian Dates Festival is receiving strong state support, reflecting Egypt’s focus on developing promising industrial and export sectors. The festival
Egypt to adopt World Bank Human Capital Report as roadmap for government policy
Egypt will adopt the World Bank’s Human Capital Report on Egypt as a roadmap for government policy, aligning national development strategies with global human capital indicators and the country’s long-term sustainability goals, Minister of Health and Population Khaled Abdel Ghaffar
Egypt’s FM meets Algerian president to discuss Gaza reconstruction, Libya crisis
Egyptian Foreign Minister Badr Abdelatty met with Algerian President Abdelmadjid Tebboune in Algiers on Wednesday, where he delivered a written message from his counterpart, President Abdel Fattah Al-Sisi. During the meeting, Abdelatty reviewed the outcomes of the Sharm El-Sheikh Peace
Transcargo International receives Egypt’s first customs licence as port-based distribution centre
Transcargo International (TCI), operating at Adabiya Port under the Suez Canal Economic Zone (SCZONE), has been granted Egypt’s first customs licence to operate as a port-based distribution centre — a milestone that supports the state’s strategy to position Egypt as