Norway’s wealth fund investments in Israel dominate election, could decide government
Investments in Israel by Norway's sovereign wealth fund have dominated the run-up to the country's 8 September election, sparking a national debate over the management of the world's largest single…
CBE reports developments in Egypt’s external debt in 2024
Egypt’s external debt stood at $155.1bn in December 2024, up by about $2.2bn (1.4%) compared to June 2024. This increase was mainly due to higher disbursements of external loans, which…
Egypt backs UN plan for Libyan elections within 12-18 months
Egypt on Saturday welcomed a new United Nations roadmap for resolving the crisis in Libya, which aims to form a temporary government to prepare for national elections within 12 to…
South Korea’s Lee in Japan for talks ahead of crucial Trump meeting
South Korean President Lee Jae-myung arrived in Japan on Saturday for his first formal summit with Prime Minister Shigeru Ishiba, in a visit aimed at strengthening security cooperation between the…
“Narrative Summit” Releases 2025 Recommendations to Cement Egypt’s Position as a Global Tourism Destination
The Narrative Summit, Egypt’s first international nation branding platform, has unveiled its 2025 recommendations aimed at revitalizing and strengthening the country’s standing as a world-class tourism hub. The ninth edition…
Egypt’s furniture exports expected to hit $350m by year-end: Wood chamber
Alaa Nasr El-Din, Board Member of the Wood Working and Furniture Chamber at the Federation of Egyptian Industries, affirmed that Egypt’s furniture industry is undergoing a significant technological transformation, driven…
Egypt, ADIB explore strategic partnership in digital healthcare, investment
Egypt Healthcare Authority held talks on Wednesday with Abu Dhabi Islamic Bank (ADIB) – Egypt to explore a strategic partnership in healthcare investment and digital transformation, the authority said in…
CBE’s net foreign assets climb to $10.5bn in July 2025
The Central Bank of Egypt (CBE) announced that its net foreign assets (NFA) rose to $10.491bn (EGP 511.211bn) in July 2025, up from $10.1bn (EGP 499.628bn) in June. Net foreign…
Egypt hosts African Tax Administration Forum delegation
The Egyptian Tax Authority (ETA) welcomed a delegation from the African Tax Administration Forum (ATAF) at its Tax Training Centre in Maadi. Rasha Abdel Aal, Head of the Authority, said…
Cairo, Seoul discuss expanding investments in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met with South Korea’s Ambassador to Cairo, Kim Yong-hyun, and his accompanying delegation to discuss ways of strengthening economic cooperation and boosting…