5.1% decrease in Egypt’s trade deficit in June 2024

The Central Agency for Public Mobilization and Statistics issued the monthly bulletin of “Foreign Trade Data” in June 2024. The trade deficit reached $2.87bn during June 2024, versus $3.02bn for…

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CBE hosts first Egypt Fraud Combating Forum

The Central Bank of Egypt (CBE), in collaboration with Visa, hosted the first edition of “Egypt Fraud Combating Forum,” aiming to raise awareness of the Egyptian banks and financial institutions’…

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Military Production Minister reviews progress on affiliated companies’ projects

Mohamed Salah El-Din, the Minister of State for Military Production, chaired an extensive meeting with the chairpersons of affiliated companies, along with sector heads and advisors from the ministry and…

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British investments in Egypt reach $21.5bn in June 2024

Hassan El-Khatib, Minister of Investment and Foreign Trade, held extensive talks with John Humphrey, the UK's Trade Commissioner for Africa, and his accompanying delegation. The discussions focused on strengthening trade…

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Egypt, South Sudan discuss aviation cooperation at Alamein Airshow

Sameh El-Hefny, Egypt’s Minister of Civil Aviation, met with Madut Biar, Minister of Transport of South Sudan, on the sidelines of the 2024 Egypt International Airshow to discuss potential collaborations…

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Egypt’s Culture Minister seeks input from Writers Union on national strategy

Egypt's Minister of Culture Ahmed Fouad Hanno met with representatives of the Syndicate of the Egyptian Writers Union, headed by Alaa Abdel-Hadi, on Sunday, to discuss a national cultural strategy.…

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Egypt’s Petroleum Minister reviews WEPCO, Bapetco performance, highlights Hamra Terminal expansion

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, chaired the general assemblies of Western Desert Petroleum Company (WEPCO) and Badr Petroleum Company (Bapetco), via video conference, to review the…

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Contact Pay, Basata partner to expand digital payment solutions in Egypt

Contact Pay, a subsidiary of Contact Financial Holding and a leader in electronic payment solutions has announced a strategic partnership with Basata Pay, a subsidiary of Basata Holding for financial…

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Al Ahram Beverages compliments its 120+ years  of operation in Egypt through additional investment of €30m, new HQ relocation

Al Ahram Beverages Company (ABC), a leading beverage producer in Egypt, has announced a €30m investment and a relocation of its headquarters to the MIVIDA business complex in New Cairo,…

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‘Reliance Health’ delivers exceptional value for money in business health plans

Reliance Health, an emerging markets-focused digital healthcare provider, is offering businesses a new approach to health insurance, claiming to deliver exceptional value for money in its business health plans. The…

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