Business
Talks underway to disburse 2nd tranche of European aid to Egypt, worth €4 billion
June 21, 2025
Talks underway to disburse 2nd tranche of European aid to Egypt, worth €4 billion
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania al-Mashat, held a negotiating meeting with the relevant national authorities…
Egypt ranks 9th globally, 1st in Africa for FDI in 2024
June 20, 2025
Egypt ranks 9th globally, 1st in Africa for FDI in 2024
Rania al-Mashat, Egypt’s Minister of Planning and Economic Development and International Cooperation, announced the launch of the World Investment Report…
Egypt in advanced talks with Qatar for multi-billion dollar North Coast investment
June 20, 2025
Egypt in advanced talks with Qatar for multi-billion dollar North Coast investment
Qatar is reportedly engaged in advanced discussions to invest $3.5 billion in a major tourism project along Egypt’s Mediterranean coast,…
Egypt to operate one of Mediterranean’s largest gas wells in June, producing 50 million cubic feet daily
June 19, 2025
Egypt to operate one of Mediterranean’s largest gas wells in June, producing 50 million cubic feet daily
The Egyptian Ministry of Petroleum plans to produce approximately 40 to 50 million cubic feet of natural gas from the…
President Sisi affirms keenness on furthering cooperation with IFC
June 17, 2025
President Sisi affirms keenness on furthering cooperation with IFC
CAIRO, June 15 (MENA) – President Abdel Fattah al-Sisi on Sunday emphasized Egypt’s keenness on strengthening collaboration with the International…
PM affirms gov’t readiness to expand industrial output
June 15, 2025
PM affirms gov’t readiness to expand industrial output
Prime Minister Mostafa Madbouly reaffirmed the government’s full readiness to support the expansion of industrial activities and boost factory production,…
Al-Mashat discusses economic and investment ties with UK ambassador
June 14, 2025
Al-Mashat discusses economic and investment ties with UK ambassador
Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat met with British Ambassador to Egypt Gareth Bayley to discuss…
Damietta Port bolsters Egypt’s hub vision with 5 giant cranes for Tahya Misr 1 terminal
June 13, 2025
Damietta Port bolsters Egypt’s hub vision with 5 giant cranes for Tahya Misr 1 terminal
Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, confirmed Damietta Port’s reception of…
Egypt’s trade to BRICS countries soars over 30% post-admission
June 12, 2025
Egypt’s trade to BRICS countries soars over 30% post-admission
A new report from Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reveals a significant increase in Egypt’s trade…
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
June 11, 2025
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
The Central Bank of Egypt (CBE) announced that Egypt has paid approximately US$13.354 billion in interest and installments on its…