Egypt’s SCZONE showcases investment opportunities to US ambassador, companies
The head of the Suez Canal Economic Zone (SCZONE) has met with the US ambassador to Cairo and a delegation from major American companies to showcase investment opportunities, particularly in…
Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences
Egypt on Tuesday strongly condemned Israel’s latest military operation in Gaza City, calling it a dangerous escalation and a blatant violation of international humanitarian law. The Egyptian Foreign Ministry warned…
Egypt expands medical, humanitarian support for Gaza patients
Egypt’s Health Minister Khaled Abdel Ghaffar chaired a high-level meeting on Tuesday of the national committee for health and social support to Gaza’s wounded and ill, alongside the ministers of…
MSMEDA plans to establish permanent African markets for Egyptian SMEs: Rahmy
Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency is working on a strategic plan to establish permanent African markets for products…
Finance Ministry presents three new investor facilitation packages to PM to boost investment climate
Minister of Finance Ahmed Kouchouk announced the submission of three new investor facilitation packages to Prime Minister Mostafa Madbouly, as part of ongoing efforts to stimulate private investment and enhance…
Egypt’s construction sector drives FDI growth with $35.8bn from Ras El Hekma deal: GAFI
Egypt’s construction and real estate sector has emerged as the top recipient of foreign direct investment (FDI), attracting $35.8bn in FY 2023/2024—primarily fueled by the landmark Ras El Hekma deal—according…
Egypt, Bahrain explore deeper cooperation on water resource management
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met on Tuesday with Bahrain’s Minister of Works, Ibrahim Al-Hawaj, to discuss strengthening bilateral cooperation in water resources management, according to…
ETA to launch second tax facilitation package for public consultation: Abdel Aal
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that preparations are underway to launch the second phase of the tax facilitation initiative, which will soon be introduced…
Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy
Roche Diagnostics and Cairo University on Sunday inaugurated a fully automated core laboratory at Al-Manial University Hospital, Qasr El-Ainy, a facility capable of processing up to 36.7 million tests annually…
EGOTH, Petrojet sign EGP 120m deal to rehabilitate, operate Jet Beach Hotel in Ain Sokhna
Mohamed El-Shimy, Minister of the Public Enterprises Sector, and Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the signing of a usufruct agreement on Tuesday to rehabilitate and operate…