Fouad meets with OECD delegation to discuss Egypt’s green growth policies
Egypt’s Minister of Environment Yasmine Fouad met on Saturday with representatives of the Organization for Economic Cooperation and Development (OECD) in Cairo, to discuss the findings of the report issued…
Egypt to unveil two major projects similar to Ras El-Hekma within two months
Ras El-Hekma FX inflows to help control Egypt to clear FX backlog and US dollar parallel market
Egypt denies alleged breach of its airspace by Israeli military aircraft
Egypt on Saturday denied reports alleging Israeli aircraft breached its airspace, according to an unnamed Egyptian security source. Egypt categorically denied media reports that Israeli military aircraft penetrated Egyptian…
UAE invests $35bn to develop Ras Al Hekma City in Egypt
Egypt and the United Arab Emirates (UAE) signed a real estate investment deal on Friday, granting Abu Dhabi Developmental Holding Company (ADQ) the rights to develop the Ras Al Hekma…
Egypt to receive $35bn down payment for Ras Al Hekma deal within 2 months
Prime Minister Mostafa Madbouly announced that Egypt will receive $35bn as a down payment for the Ras Al Hekma development deal. The first payment of $15bn will be received within…
Egyptian LNG recognized at EGYPES Awards, wins first place in ‘Operator of the Future’ category
Egyptian LNG (ELNG) – a joint venture between the Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding Company (EGAS), Shell Egypt, PETRONAS and Total – has been recognized at…
Committee formed to run new agency for recovered, seized funds: Maait
New agency will replace three existing administrations in Ministry of Finance
Mashroo3k lends EGP 28bn to 210,700 projects since its launch
Programme reaches its highest lending rate of EGP 200m in January 2024: Minister of Local Development
EGX plans to allow individuals to trade T-bills in secondary market
The Egyptian Exchange (EGX) is working on a proposal to allow individuals to trade treasury bills in the secondary market. The proposal will be submitted to the Financial Regulatory Authority…
Beltone Holding, BOA Group join forces to tap into African markets
Beltone Holding, a fast-growing financial institution, announces a multidimensional collaboration agreement with BOA Group, the holding company of Bank of Africa - BMCE Group that operates in Sub-Saharan Africa. Beltone…