Egyptian, Somali Ministers explore agricultural partnership
Egyptian Minister of Supply and Internal Trade Sherif Farouk met with Asad Abdirizak, Somali State Minister of Agriculture and Irrigation, on Monday to discuss cooperation between the two countries on food security and trade. During the meeting, the Somali minister
MSMEDA injects over EGP 500m into MSME financing in January 2025: CEO
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) provided over EGP 500m in financing for MSMEs in January 2025, in collaboration with leading banks and financial institutions, alongside direct funding through its branches across Egypt. This initiative aligns with
PM Madbouly meets Emirati ministers to review joint Egypt-UAE projects
Prime Minister Mostafa Madbouly held a high-level meeting on Sunday to assess the progress of joint projects between Egypt and the UAE. The meeting was attended by Vice Prime Minister for Industrial Development and Minister of Industry and Transport Kamel
Investment Minister meets Kuwait’s AREF Investment Group to explore expansion in Egypt
During his visit to Kuwait, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with a delegation from AREF Investment Group to discuss the company’s current projects in Egypt and explore new investment opportunities. The meeting highlighted AREF’s existing
Egypt Declares 2025 “Year of Umm Kulthum”
Egypt’s Ministry of Culture has declared 2025 the “Year of Umm Kulthum,” launching a year-long celebration to commemorate the 50th anniversary of the legendary Egyptian singer’s death. Known variously as “the star of the east”, “mother of the Arabs” and
Egypt, Djibouti emphasise Red Sea security, Somalia stability, discuss port link
Egyptian and Djiboutian foreign ministers held political consultations Sunday, focusing on strengthening bilateral relations, including a potential link between Egyptian ports and Djibouti. The meeting followed a separate discussion earlier in the day between Egyptian President Abdel Fattah Al-Sisi and
No justification for Red Sea escalation after Gaza ceasefire: Egypt’s Abdelatty
Egyptian Foreign Minister Badr Abdelatty said Sunday there is no justification for escalation in the Red Sea region following the successful ceasefire agreement in Gaza. Egyptian efforts continue to implement the agreement’s stages, including the exchange of detainees and prisoners,
Kuwait Finance House expands into Egypt with Ahli United Bank acquisition
Kuwait Finance House (KFH) has officially launched its operations in Egypt following the successful acquisition of Ahli United Bank Bahrain in 2022. The transformation into a fully Sharia-compliant financial institution was completed in December 2023, followed by a merger with
Egypt boosts domestic short-staple cotton production in East Owainat
Egypt has cultivated 2,000 acres of short-staple cotton in East Owainat as part of a project to boost domestic production and reduce reliance on imports for the textile industry. Public Enterprise Sector Minister Mohamed Shimi received a progress report on
Gold reaches new historic high, marking fifth consecutive week of gains
Gold prices have soared to a new historic high, marking a significant milestone as the precious metal increased for the fifth consecutive week. The surge comes amidst rising global tensions and uncertainty in the financial markets, driven in part by