Al-Sisi, Eni CEO discuss boosting bilateral cooperation
Egypt’s President Abdel Fattah Al-Sisi received on Monday Claudio Descalzi, CEO of the Italian company Eni, and his accompanying delegation of senior company officials, to discuss joint cooperation. The meeting was attended by Karim Badawi, Egypt’s Minister of Petroleum and
Egyptian government plans to borrow EGP 1.293trn from domestic market
The Egyptian government plans to borrow EGP 1.293trn from the domestic market during November and December 2024, according to figures obtained by Daily News Egypt. The government intends to use the borrowed funds to repay previous debt instruments and finance
CBE issues guidelines for tourism support initiative
The Central Bank of Egypt (CBE) has issued the guidelines for the tourism support initiative, previously announced by the Egyptian government, to allocate EGP 50bn, funded by the Ministry of Finance. According to a circular from the Central Bank, the