Netanyahu refuses Egypt’s Gaza truce proposal
Israeli Prime Minister Benjamin Netanyahu rejected the Egyptian initiative for a short-term truce with the resistance movements in the Gaza Strip, which was announced by Egyptian President Abdel Fattah Al-Sisi on Sunday evening. Al-Sisi said during a press conference
Egypt looks forward to constructive discussions during IMF’s 4th review of reform programme: Kouchouk
Ahmed Kouchouk, Egypt’s Minister of Finance, expressed optimism for positive and constructive discussions during the upcoming visit of the International Monetary Fund (IMF) mission, which aims to conduct the “fourth review” of Egypt’s economic reform programme. He emphasized the importance
MSMEDA injects EGP 1.9bn to fund 80,000 small, micro-enterprises in Aswan over decade
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency has invested EGP 1.9bn in Aswan from 1 July 2014 to the end of September 2024. This funding has supported approximately 80,000 small
Egypt proposes 2-day Gaza truce, strengthens ties with Algeria
Egypt has proposed a two-day ceasefire in the Gaza Strip, with the exchange of four Israeli detainees for some Palestinian prisoners as a potential starting point, President Abdel Fattah Al-Sisi announced Sunday. Egypt opposes any forced displacement of Palestinians from
PM follows up on Ras El-Hekma development progress, compensation status
Prime Minister Mostafa Madbouly held a meeting Sunday to review updates on the development of the first phase of Ras El-Hekma project and the status of compensating the area’s residents. At the beginning of the meeting, the Prime Minister noted
No plans to increase taxes for investors: Deputy Finance Minister
Sherif El-Kilani, Deputy Minister of Finance for Tax Policies, said that the tax facilities announced by the Minister of Finance are the first package, and will be followed by many other packages. He noted that implementing the first package of
Military Production, Environment Ministers inaugurate banana fiber recycling plant
Egypt’s Minister of Environment, Yasmine Fouad, and the Minister of State for Military Production, Mohamed Salah El-Din Mustafa, inaugurated a factory for the production of environmentally friendly cardboard packaging from banana fiber waste at the Armored Vehicles Production and Repair
ACUD hosts Japan’s Titan Capital to discuss investment opportunities in Egypt’s NAC
Chairperson and Managing Director of Administrative Capital for Urban Development (ACUD), Khaled Abbas, met with Japanese Titan Capital’s owner Kanazawa Yukio and Chairperson Niwa Koshiro, along with members of their investment alliance, which includes 15 of Japan’s top companies. The
GCF approves financial aid of $2.687bn to Egypt, other countries
The Green Climate Fund (GCF) approved the financing proposals for the multi-country programmes: Greening Financial Systems, the Smart Resilient Agriculture Investment Fund, and the Resilient Water Infrastructure Expansion Facility, to finance these projects in a number of countries, including Egypt,
Maait assumes role as representative of Arabs, Maldives at IMF
Egypt’s former finance minister Mohamed Maait has officially taken on his new role as Executive Director and member of the Executive Board, representing the Arab Group and Maldives at the International Monetary Fund (IMF). Maait expressed gratitude to President Abdel