UAE, Egypt move to finalise comprehensive economic partnership agreement negotiations
Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib said. During a meeting in
IBF & Company acquires 50% stake in Diatom CBT to drive cross-border e-commerce expansion
IBF & Company has completed the acquisition of a 50% equity stake in Diatom CBT, a cross-border technology company operating in the UAE and Egypt, in a move aimed at strengthening its portfolio of technology-driven ventures and expanding its footprint
Egypt discusses Trump peace plan phase two and Gaza force at UAE forum
Egyptian Minister of Foreign Affairs Badr Abdelatty discussed the implementation of the second phase of President Trump’s peace plan for Gaza and the urgent formation of an international stabilization force during meetings at the Sir Bani Yas Forum on Saturday.
El-Shimy, UAE Ambassador discuss strengthening industrial, investment cooperation
Egypt’s Minister of Public Enterprises Sector Mohamed El-Shimy met with Hamad Obaid Al Zaabi, the newly appointed UAE Ambassador to Egypt, to discuss ways to enhance bilateral cooperation, particularly in the industrial and investment sectors. Both sides underscored the importance
Housing Ministry to facilitate real estate funds in Egypt to attract foreign investment
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny stated that the ministry is continuously working to develop the real estate sector to drive economic growth and provide suitable housing opportunities for citizens. This effort includes future strategies to enhance
UAE to Install Over 500 Electric Vehicle Charging Stations by 2025
The United Arab Emirates (UAE) plans to install more than 500 electric vehicle (EV) charging stations by the end of 2025. Sharif Al Olama, the UAE’s Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, announced
Egypt’s foreign exchange earnings surge to $159.6bn in 2023/2024
Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in 2022/2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). This growth was largely driven by
Egypt leads Arab diplomatic push on Gaza crisis, Palestinian statehood
Egypt Minister of Foreign Affairs and Emigration, Badr Abdelatty, has held intensive consultations with foreign ministers from across the Arab world to address the escalating crisis in Gaza and the broader Palestinian issue, according to a statement from the Ministry
PM Madbouly meets Emirati ministers to review joint Egypt-UAE projects
Prime Minister Mostafa Madbouly held a high-level meeting on Sunday to assess the progress of joint projects between Egypt and the UAE. The meeting was attended by Vice Prime Minister for Industrial Development and Minister of Industry and Transport Kamel
Egypt, Jordan, Qatar, Saudi Arabia, UAE reaffirm two-state solution, pledge Gaza reconstruction at Cairo meeting
A two-state solution for the Palestinian territories, a comprehensive reconstruction plan for Gaza, and full support for Palestinian rights were the key outcomes of a meeting of Arab League foreign ministers in Cairo on Saturday, Feb. 1. The meeting, hosted