CBE joins Pan-African Payment and Settlement System
As part of Egypt’s efforts to deepen economic collaboration with African nations, the Central Bank of Egypt (CBE) has joined the Pan-African Payment and Settlement System (PAPSS). Developed by the African Export-Import Bank (Afreximbank), PAPSS streamlines cross-border payments and trade
Egypt hosts key satellite session of African Conference on Precision Agriculture
The African Conference on Precision Agriculture (AfCPA), a transformative event aimed at driving agricultural innovation across the continent, has launched simultaneously in 10 African nations, with Egypt taking a prominent role as one of the satellite hosts. The Egyptian session,
Al-Sisi receives high-level delegation from DR Congo
Egyptian President Abdel Fattah Al-Sisi met on Monday with Kombo Mondongo Bula, special advisor to the President of the Congo, and Jacques Tshisekedi, internal security advisor to the President of the Democratic Republic of the Congo (DRC). The meeting also
Madbouly reviews Egypt’s wheat procurement strategy
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting Monday to review the country’s wheat procurement strategy. The meeting, attended by key ministers and agency heads, focused on ensuring sufficient wheat supplies to meet the needs of Egypt’s growing population. Attendees
CBE plans to establish fund to support producers in various sectors: Al-Wazir
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, reiterated Egyptian banks’ commitment to providing the financing necessary for production and industrial facilities. This initiative aims to redirect focus from consumer financing to industrial growth.
BP CEO meets with Egyptian President, Prime Minister, pledges continued investment
Egyptian President Abdel Fattah Al-Sisi and Prime Minister Mostafa Madbouly met separately Monday with Murray Auchincloss, chief executive officer of British Petroleum (BP), to discuss ongoing and future energy investments in Egypt. The meetings, attended by Minister of Petroleum and
Minister of Investment discusses ENKA’s expansion plans in Egypt across key sectors
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, held a meeting with Mehmet Tara, Chairperson of ENKA, a leading Turkish company specializing in infrastructure, renewable energy, real estate, and oil and gas. The discussions centred on investment opportunities in
Egypt imports 158,700 tonnes of European apples in 2023: Polish Fruit Growers
Mirosław Maliszewski, a Member of the Polish Parliament (Sejm) and President of the Polish Fruit Growers Association, reported that Egypt imported approximately 158,754 tonnes of European apples during the 2022/2023 season, valued at €71.785m. Speaking at a conference organized by
Hepatitis C initiative saves Egypt about EGP 16bn in medical costs: Health Minister
Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, has reviewed the Ministry of Health and Population’s efforts to implement evidence-based interventions and initiatives. He highlighted the significant success of the Presidential Initiative to Eliminate Hepatitis C,
KOICA, NTA host seminar celebrating capacity building training for Egyptian civil servants
The Korea International Cooperation Agency (KOICA), the official development assistance agency of the Republic of Korea, and the Egyptian National Training Academy (NTA) jointly organized a Knowledge Sharing Seminar to celebrate the conclusion of a three-year capacity-building programme in Korea.