Egypt signs preliminary financing agreements for $1.8bn Energy Valley project
Prime Minister Mostafa Madbouly witnessed, on Monday, the signing of preliminary financing agreements for the Energy Valley sustainable energy project, with investments approaching $1.8bn, on the sidelines of the inauguration…
Former audit chief Hisham Badawi elected Egypt House Speaker with 521 votes
Hisham Badawi was elected Speaker of the House of Representatives on Monday, securing 521 votes out of a total 570during the opening session of the parliament's third legislative term. Badawi,…
GAFI, ITDA explore solutions to investor challenges in commercial registry procedures
Mohamed El-Gossaki, CEO of the General Authority for Investment and Free Zones (GAFI), and Mohamed Awad, Head of the Internal Trade Development Authority (ITDA), held a meeting to discuss mechanisms…
MAG seeks to expand Egypt’s economic footprint across Africa
Mohamed Atta Gad, Chairperson of MAG Group for Trade and Investment, participated in a meeting with Egypt’s Minister of Foreign Affairs, Migration and Egyptian Expatriates Affairs, Badr Abdelatty, alongside representatives…
GB completes record EGP 4.16bn leasing securitisation to boost financing capacity
GB Lease & Factoring, a subsidiary of GB Capital—the financial services arm of GB Corp—announced the successful completion of a securitisation transaction involving part of its leasing portfolio, with a…
Egypt-Syria economic ties: Damascus welcomes Egyptian investors for $1bn trade push
In the historic halls of Damascus, a city pivoting from the shadow of conflict toward the blueprints of reconstruction, a meeting took place on Sunday that had been 15 years…
Iran protests: Tehran accuses Washington of ‘Terrorist War’ as Trump weighs military intervention
Amid a nationwide internet blackout and a surging death toll, the streets of Iran have become the front line of a dangerous new escalation between Tehran and Washington. As protests…
Investment minister, Swiss ambassador discuss deepening economic, investment ties
Minister of Investment and Foreign Trade Hassan El-Khatib met with Switzerland’s Ambassador to Cairo, Andreas Baum, and his accompanying delegation to explore ways to strengthen bilateral trade and investment cooperation.…
Egypt, Ireland discuss Palestinian technocratic committee and Gaza stability force
Egyptian Foreign Minister Badr Abdelatty called on Monday for the formation of a temporary Palestinian technocratic committee to manage daily affairs in the Gaza Strip and the establishment of an…
Romania named Guest of Honour as Egypt launches record-breaking 57th Cairo International Book Fair with 1,457 publishers
The 57th Cairo International Book Fair (CIBF) will be the largest in its history, with 1,457 participating publishing houses from 83 countries and Romania named as the Guest of Honour,…