Egyptian investments in Africa surpass $14bn: FM
Badr Abdelatty, Egypt’s Minister of Foreign Affairs, participated in the Egypt-Gabon Business Forum held in Libreville, the capital of Gabon. The event brought together Gabonese President Ali Bongo Ondimba, seven key Gabonese government ministers—including those responsible for Foreign Affairs, Public
Egyptian, Uzbek officials discuss increased cooperation at business forum
Egyptian and Uzbek officials met on Wednesday at the Egyptian-Uzbek Business Forum in Tashkent to discuss strengthening economic ties between the two nations. The forum, which coincided with the 7th session of the Joint Egyptian-Uzbek Committee for Economic, Scientific, and
Madbouly directs efforts to forge balanced trade agreements with Africa
Egypt’s Prime Minister Mostafa Madbouly recently chaired a meeting of the Permanent Higher Committee for Monitoring Egyptian-African Relations, attended by Egypt’s economic ministers and other relevant government officials. The session, part of the government’s ongoing efforts to strengthen Egyptian-African ties,
Egypt-Ireland trade exchange hits $448m in 10M 2024
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the trade exchange between Egypt and Ireland reached $448m during the first 10 months of 2024, up from $428m in the same period of 2023, marking a $20m increase.
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
Damietta Port’s new container terminal nears completion
Damietta Port’s new container terminal is nearing completion, with operational trials set to begin immediately after phase one is finished, according to officials. Egypt’s Prime Minister Mostafa Madbouly and Vice Prime Minister for Industrial Development and Minister of Industry and
Egypt, Qatar PMs pledge enhanced cooperation
Prime Ministers Mostafa Madbouly of Egypt and Mohammed bin Abdulrahman bin Jassim Al Thani of Qatar co-chaired a meeting to discuss strengthening bilateral cooperation across various sectors. The meeting, held at the Council of Ministers headquarters in Egypt’s New Administrative
Deputy PM highlights cooperation, investments at Egyptian-Sudanese Business Forum
The first Egyptian-Sudanese Business Forum, held on Saturday, focused on strengthening economic cooperation between the two nations. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, opened the forum by emphasizing the importance of expanding
Egypt-AU trade exchange rises 5.7% to $9.2bn in 2023
Trade exchange between Egypt and the African Union countries reached $9.2bn in 2023, up from $8.7bn in 2022. This marks an increase of $500m and a growth rate of 5.7%, according to the Central Agency for Public Mobilization and Statistics
Egypt-Saudi Arabia trade exchange increases to $7.5bn in 9M 2024: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced an increase in the trade exchange between Egypt and Saudi Arabia to $7.5bn in the first nine months of 2024, compared to $5.6bn in the same period of 2023,