Amre Moussa calls for unified Arab voice amidst Gaza crisis
Amre Moussa, a venerable statesman in both Egyptian and Arab diplomacy, the Chair of the Constituent Assembly which drafted the Egyptian Constitution, Egypt’s former Minister of Foreign Affairs and former Secretary-General of the Arab League, has called for a unified
Investment Minister visits Spain to strengthen economic ties
Minister of Investment and Foreign Trade Hassan El-Khatib arrived in Madrid on Sunday for a high-level visit aimed at deepening economic relations between Egypt and Spain. During his trip, he will meet with senior officials, business leaders, and key members
Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024
The Central Bank of Egypt (CBE) reported that the net foreign assets of the Egyptian banking sector recorded a surplus of $5.224bn (EGP 265.898bn) in December 2024, down from $5.95bn (EGP 295.6bn) in November. According to the CBE’s latest report,
Hassan Allam launches Jinet Agriculture, expands agricultural portfolio
Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a new subsidiary dedicated to enhancing agricultural productivity and sustainability. As part of this initiative, Jinet Agriculture has acquired 14,100 feddans of agricultural land in West Minya from the
Servier Egypt celebrates jubilee with new production line, cancer programme
Servier Egypt, part of the global Servier Group, has commemorated its 70th anniversary with the opening of a new production line and the launch of the “Access Cancer Treatment (ACT) for Children” initiative. The announcements were made at an
Egypt denounces Netanyahu’s remarks, cites humanitarian efforts in Gaza
Egypt condemned remarks made by Israeli Prime Minister Benjamin Netanyahu to an American media outlet, characterising them as containing “false claims, deliberate misinformation, and unacceptable distortions”. The Egyptian Ministry of Foreign Affairs issued a statement criticising Netanyahu’s comments, saying they
Slvr Communities unveils RVR as part of EGP 30bn investment plan over five years
Slvr Communities has officially entered Egypt’s real estate market, announcing an ambitious EGP 30bn investment strategy over the next five years. Ahmed El-Sweisy, Chairperson of Slvr Communities, emphasized Egypt’s rapid urban development, which has created strong investment opportunities and fostered
Egyptian real estate tycoon proposes $27bn Gaza reconstruction plan
Egyptian real estate tycoon Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding Group, has proposed a $27bn reconstruction plan for Gaza as an alternative to US President Donald Trump’s proposals, which he criticised as illogical and unfeasible.
Egypt’s Suez Canal explores food security partnership with China’s FAMSUN
Suez Canal Authority (SCA) Chairperson Osama Rabie recently met with Chen Zhengjun, President of China’s FAMSUN, to discuss potential collaboration in food security. The talks centered on forming a strategic partnership as part of the SCA’s broader development initiatives, leveraging
Advancing industrial development through modernization, investment: El-Shemy
The Ministry of Public Enterprises Sector is advancing its efforts to develop the industrial sector within its affiliated companies and enhance their performance. Minister Mohamed El-Shemy affirmed that a comprehensive strategy is in place to modernize factories with advanced technology,