CBE receives $1.739bn in bids for US dollar-denominated T-bills auction
The Central Bank of Egypt (CBE) received 30 bids totalling $1.739bn to cover a local treasury bill (T-bill) auction denominated in US dollars. The central bank offered this auction on…
Petroleum Ministry approves facilities, incentives to support industrial sector: Al-Wazir
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, chaired the 10th meeting of the Ministerial Group for Industrial Development on Monday. The meeting was…
Valero Developments debuts Circle 9 Mall
Valero Developments has officially launched, announcing its first project, Circle 9 Mall in Obour city, according to Chairperson Ahmed Fahmy. Fahmy highlighted that Valero aims to make a mark in…
Arab Developers achieves EGP 3.8bn in sales, with 251% net profit growth in Q3
Arab Developers Holding has maintained strong financial performance in the third quarter (Q3) of 2024. It sold 323 units worth EGP 1.77bn, compared to 532 units worth EGP 1.355bn in…
Assistant Foreign Minister leads Egyptian delegation at Russia-Africa Partnership Forum
Assistant Minister of Foreign Affairs for African Organizations & Communities, Ambassador Ashraf Swelam, led the Egyptian delegation participating in the first Ministerial Conference of the Russia-Africa Partnership Forum, held in…
Egypt, UAE’s Tadweer Group sign MoU for waste management, recycling
Egypt’s Minister of Environment, Yasmine Fouad, witnessed the signing of a Memorandum of Understanding between the Waste Management Regulatory Authority and the UAE’s Tadweer Group to explore and develop cooperation…
Talaat Moustafa Group Returns to Cityscape Global 2024 in Riyadh
The Talaat Moustafa Group (TMG) is participating in the second edition of Cityscape Global 2024, held at the Riyadh International Convention & Exhibition Center from November 11th to 14th. This…
Egypt aims to boost entrepreneurship investments to $5bn
The Egyptian government plans to significantly increase investments in the entrepreneurship sector, from $500m to $5bn, Prime Minister Mostafa Madbouly announced Monday. Madbouly made the announcement during a meeting with…
Public sector companies achieve EGP 68bn in profits over 8 years
Treasurer of the General Federation of Chambers of Commerce and Head of the Qalubeya Chamber, Mohamed Attia El-Fayoumi, stated that the roadmap for the public business sector began with Law…
President Al-Sisi takes interest in healthcare of Egyptian women: Abdel Ghaffar
Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, has affirmed that President Abdel Fattah Al-Sisi takes great interest in the healthcare of Egyptian women, given their…
