Food sector exports surpass $10bn in 2024, achieving record growth
At the 2024 General Assembly meeting of the Chamber of Food Industries, Chairperson Ashraf El Gazayerli announced that the food sector achieved a remarkable 21% increase in exports last year, surpassing $10bn. This milestone marks an unprecedented achievement for the
Egypt achieves EGP 330bn primary surplus in H1 2024/25, reflecting strong financial performance
Egypt has recorded a primary surplus of EGP 330bn for the first half (H1) of the fiscal year 2024/25, marking its highest surplus to date, according to Minister of Finance Ahmed Kouchouk. This achievement reflects strong financial performance, bolstered by
Special Group partners with Mint Real Estate to elevate asset management for New Capital project
Special Group for Trade and Investment has entered a strategic partnership with Mint Real Estate Asset Management, a subsidiary of Al Ahly Sabbour, to oversee the full scope of asset management for its real estate portfolio and upcoming developments. The
Egypt, UK discuss strengthening healthcare cooperation, supporting Gaza’s recovery
Egyptian Minister of Health and Population, Khaled Abdel Ghaffar, met with UK Trade Envoy to Egypt, Yasmin Qureshi, and British Ambassador to Cairo, Gareth Bayley, on Tuesday to discuss strengthening bilateral healthcare cooperation and providing ongoing medical and humanitarian aid
Egypt unveils national financing strategy to meet SDGs
Egypt has launched its National Integrated Financing Strategy (E-INFS) to help meet its Sustainable Development Goals (SDGs) by 2030. Prime Minister Mostafa Madbouly, speaking at the launch event on Tuesday, emphasised the importance of shared solutions to address pressing development
Egypt, India set ambitious trade target of $12bn in five years, up from $4.2bn
Egypt and India have set an ambitious target to increase bilateral trade from $4.2bn in 2024 to $12bn over the next five years. This goal was outlined during a meeting between Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib,
Egypt’s Al-Sisi, Kuwait’s Amir condemn Gaza hostilities, call for two-state solution
Egypt’s President Abdel Fattah Al-Sisi and Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, spoke by phone on Tuesday, during which they jointly condemned Israel’s renewed actions in the Gaza Strip and called for a two-state solution to the
Egypt seeks to strengthen collaboration with UN agencies in agricultural development
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, met with Elena Panova, the UN Resident Coordinator in Egypt, to discuss expanding cooperation between the Ministry of Agriculture and UN agencies involved in the agricultural sector. The meeting, which was
Egypt expands Takaful, Karama Programme to 4.7 million families in 2025
During a recent session of the Senate chaired by Abdel Wahab Abdel Razek, Minister of Social Solidarity Maya Morsy provided an update on Egypt’s social protection programmes, which are aimed at supporting vulnerable families across the country. These programmes are
Royal tomb dating back 3,500 years discovered in Upper Egypt
A royal tomb dating back 3,500 years has been discovered in Upper Egypt (southern Egypt), the Egyptian Tourism and Antiquities Ministry announced on Sunday. According to a ministry statement, a joint Egyptian-American archaeological team from the University of Pennsylvania