Al-Sisi meets representatives of 52 global tech firms to boost ICT investments
President Abdel Fattah Al-Sisi said on Monday that Egypt’s hosting of the Global Outsourcing Industry Summit reflects international confidence in the country’s capabilities in the information and communications technology (ICT)…
Madbouly seeks stronger Gulf investment ties to advance Egypt’s economic growth
Egyptian Prime Minister Mostafa Madbouly has called on investors and business leaders from Gulf Cooperation Council (GCC) countries to expand their investments in Egypt, particularly in sectors of shared strategic…
Resignations rock BBC after ‘Panorama’ programme manipulated Trump’s words
The BBC's director-general, Tim Davie, and its head of news, Deborah Turness, have resigned from their posts following accusations that the public broadcaster misled viewers by editing remarks made by…
Japan, US condemn ‘threatening’ post by Chinese diplomat over Taiwan remarks
Japan said on Monday it had lodged a protest with China over what it called "highly inappropriate" and threatening remarks made by a Chinese diplomat aimed at Prime Minister Sanae…
Lebanese president says negotiations are only way forward with Israel
Lebanese President Joseph Aoun said on Monday that negotiations with Israel are the "only way" to achieve the country's national interests, and stressed that the army has a "fateful mission"…
Working groups submit feedback on ‘Egypt’s Narrative for Economic Development’
Working groups formed as part of public consultations on "Egypt's Narrative for Economic Development" have submitted their comments and proposals on the new economic reform plan, the Ministry of Planning…
Egypt’s State Ownership Policy opens 85% of economy to private sector, says GAFI chief
Egypt's State Ownership Policy Document has paved the way for the local, Arab, and foreign private sector to contribute to economic development by stipulating the state's exit from economic sectors…
Surging Chinese investment drives expansion of Egypt’s free zones: GAFI chief
The surge in Chinese investment demand has been a key driver behind the expansion of Egypt’s free zones, which are now nearing full capacity, according to Hossam Heiba, CEO of…
Egypt keen to expand Arab private-sector investment in energy, mining: Petroleum Minister
Petroleum and Mineral Resources Minister Kareem Badawi affirmed Egypt’s commitment to encouraging greater investment by private-sector partners from Arab countries in the energy and mining sectors. His remarks came during…
Egypt says Gulf investment flows jumped to $41bn in 2023/24
Investment flows from Gulf Arab nations into Egypt jumped to about $41bn in the 2023/2024 fiscal year, making up the largest share of foreign direct investment, Egyptian Minister of Investment…