18.3% increase in Egypt’s trade deficit in July 2024
The Central Agency for Public Mobilization and Statistics issued the monthly bulletin of Foreign Trade Data for July 2024. Egypt’s trade deficit reached $4.60bn during July 2024, versus $3.89bn for the same month of the previous year, an increase of
Minister of Local Development reviews World Urban Forum preparations
Manal Awad, Minister of Local Development, held a meeting on Tuesday to examine the ongoing preparations for the 12th World Urban Forum, scheduled for 4 to 8 November in Cairo. The meeting included Ibrahim Saber, Governor of Cairo; Khaled Seddik,
Advansys delivers 1st phase of UTEC Offshore Delivery Center in Egypt
The Cairo-based Offshore Delivery Center (ODC) marks a key milestone between Advansys and UTEC and represents a pivotal step toward transforming the regional offshore services landscape. Advansys, a dynamic provider of global sustainable solutions, has completed the initial phase of
Egypt and Djibouti sign agreement to build solar power plant
Egypt and Djibouti signed a bilateral agreement and an executive contract on Tuesday for the construction of a 276.5 kilowatt solar power plant in Djibouti. The agreement, signed via video conference, marks a significant step in the ongoing collaboration between
Saudi Arabia ranks 2nd among Egypt’s trading partners in Q1 2024
The Central Bank of Egypt (CBE) said that the Kingdom of Saudi Arabia ranked second among Egypt’s top trading partners until the end of the first quarter (Q1) of 2024, with trading worth $5.209bn, including $3.871bn imports and$1.338bn exports.
Egypt has capacity, flexibility to manage budget financing needs: Finance Minister
Ahmed Kouchouk, the Minister of Finance, emphasized that financial and economic reform is an ongoing and sustainable process. “This process extends beyond our reform programmes supported by international institutions,” he said. “We have achieved positive results in terms of financial
EGAS, Greek Copelouzos sign agreement to establish new gas company
Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the signing of a shareholders’ agreement for partnership in a joint company, headquartered in Greece, between the Egyptian Natural Gas Holding Company (EGAS) and the Greek Copelouzos Group, with the aim
Egypt to organize 2nd Population, Health, and Human Development conference next week
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, announced the themes of the second edition of the International Conference on Population, Health and Human Development (PHDC’24), which will be held from 21 to 25 October.
Egypt’s Irrigation Minister, World Bank discuss water cooperation at CWW
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met with Stefan Gumpert, Director of the World Bank Office in Egypt, and his accompanying delegation, where they reviewed the status of several areas of cooperation between the Ministry and the
Exclusive: Saudi Crown Prince to arrive in Egypt within hours, announce major investments
Saudi Crown Prince Mohammed bin Salman is expected to arrive in Cairo, Egypt within hours, where he will announce several major investments and projects, sources close to the matter have told Daily News Egypt. The visit comes as part of