Trump vows to ‘get back on track’ Nile dam deal in meeting with Al-Sisi
US President Donald Trump pledged to resume mediation of the long-standing dispute between Egypt and Ethiopia over the Grand Ethiopian Renaissance Dam (GERD), during a meeting with Egyptian President Abdel Fattah Al-Sisi on Wednesday. He described the project as a
Madbouly says Egypt has paid $5bn of arrears to foreign oil partners
Egypt has paid approximately $5bn of outstanding arrears to foreign partners in the petroleum sector and remains committed to settling regular monthly invoices, Prime Minister Mostafa Madbouly said on Wednesday. Speaking during a weekly cabinet meeting at the government headquarters
Madbouly opens largest-ever Cairo International Book Fair with record international participation
Egypt on Wednesday opened the 57th edition of the Cairo International Book Fair, with Prime Minister Mostafa Madbouly inaugurating the event on behalf of President Abdel Fattah Al-Sisi at the Egypt International Exhibition Centre in New Cairo. Held under presidential
ETA launches mobile app for electronic payment of real estate transaction tax
The Egyptian Tax Authority (ETA) has launched a new mobile application that allows taxpayers to pay real estate transaction tax electronically and obtain tax clearance certificates in a fast and convenient manner, according to Rasha Abdel Aal, the ETA chairperson.
Egypt to fast-track state divestment and private sector role, Al-Sisi tells Davos
President Abdel Fattah Al-Sisi on Wednesday declared that Egypt is committed to empowering the private sector as the primary engine of national growth, inviting global investors to capitalise on a reformed business climate during a high-profile session at the World
Egypt reviews progress on Capital Medical City project
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with representatives of INCOME at the ministry’s headquarters in the New Administrative Capital to review the latest developments in the implementation of the Capital Medical City
Opinion | The Strategic Evolution of Egypt’s Personal-Care Manufacturing
After more than two decades leading manufacturing and consumer-goods operations across international markets, my outlook on Egypt’s personal-care sector remains resolutely optimistic. We are witnessing a fundamental shift where the industry is no longer defined by cost efficiency alone. Instead,
Egypt’s Environment Minister discusses boosting eco-tourism investment in natural reserves
Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, held extensive talks on Tuesday with representatives of the Tahya Misr Fund to explore opportunities for expanding investment in eco-tourism across the country’s natural reserves. According to a
HDP launches Grand Lane residential project in New Cairo with EGP 50bn investments
Housing and Development Properties (HDP), the real estate development arm of the Housing and Development Bank, has announced the launch of its new residential project, Grand Lane, in New Cairo, with total investments estimated at approximately EGP 50 billion. The
Egypt targets 70% private sector investment by 2030 following 5.3% quarterly growth: Al-Mashat
Egypt is targeting a rise in the private sector’s share of total investment to over 70% by 2030, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Tuesday, following a 5.3% GDP growth rate in the first