Egypt to organize reverse exhibitions for local spare part production
Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, announced a series of initiatives aimed at advancing national industry and protecting the interests of…
E-system for clearing investors’ dues to launch next month: Finance Minister
Minister of Finance Ahmed Kouchouk announced that an electronic system for clearing between investors’ dues and debts will be launched next month, offering investors enhanced liquidity. He also revealed that…
PM witnesses signing of contracts to expand reach of Egyptian Knowledge Bank
Egypt's Prime Minister Mostafa Madbouly attended on Sunday the signing ceremony of several key agreements aimed at expanding the international services of the Egyptian Knowledge Bank (EKB). The agreements, signed…
Foreign Minister Abdelatty promotes Egypt’s green energy strategy in Brussels
Egyptian Foreign Minister Badr Abdelatty met with Wim Dhont, offshore cable manager at the Belgian company Jan De Nul, on Sunday, to discuss grid connection projects and renewable energy cooperation.…
CBE’s net foreign assets reach $11.64bn surplus in December 2024
The Central Bank of Egypt (CBE) reported a surplus in its net foreign assets for December 2024, marking the eighth consecutive month of growth. The surplus reached $11.64bn (EGP 592.469bn),…
Egypt sets new minimum capital requirements for insurers
The Board of Directors of Egypt's Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 196 of 2024, setting new minimum capital requirements for insurance companies. The…
Egypt, UN back Lebanon’s new government amid hopes for stability
Egyptian Prime Minister Mostafa Madbouly and UN Secretary-General António Guterres have expressed support for Lebanon's newly appointed Prime Minister, Nawaf Salam, amid a wave of optimism for the country's future.…
Hamas, Israel exchange prisoners as aid trucks enter Gaza
Hamas released three Israeli hostages to the Red Cross in Gaza City hours after a ceasefire took effect on Sunday. The hostages—31-year-old Doron Steinbrecher, dual British-Israeli Emily Damari, 28, and…
E-Gate platform for ship supplies launches in Egypt, UAE, and Greece
Dominic Development and Investment Company has unveiled its integrated electronic platform, The E-Gate, designed to streamline ship supply services. Initially launched in Egypt, the platform will expand to the UAE…
University of Exeter to establish first African campus in Egypt
Prime Minister Mostafa Madbouly attended on Sunday the signing ceremony of a memorandum of understanding (MoU) to establish the first-ever African campus for the University of Exeter, a member of…
