CBE hosts BCEAO delegation to showcase Egypt’s leading banknote printing facility
As part of Egypt's commitment to strengthening ties and fostering collaboration with African nations, the Central Bank of Egypt (CBE) welcomed a delegation from the Central Bank of West African…
Government to triple funding for economic stimulus programmes next year: Finance Minister
Finance Minister Ahmed Kouchouk announced that the government plans to significantly expand funding for economic stimulus programmes and initiatives next year, allocating three times the current year’s budget. "There will…
Egypt aims to attract more foreign investment by improving business environment
Egypt is focused on attracting increased foreign direct investment by improving the business environment and streamlining procedures, according to Hassan El-Khatib, Minister of Investment and Foreign Trade. El-Khatib made the…
Egypt reassesses National Food Safety Authority’s export testing fees
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, chaired the 19th meeting of the ministerial group for industrial development, where key economic and industrial…
Egypt completes 650 MW GOS II Wind Farm, supported by EWA Group’s heavy lift logistics
The completion of Egypt's 650 MW GOS II Wind Farm Project marks a significant step in the nation's renewable energy strategy, with EWA Group playing a pivotal role through its…
Egypt’s core inflation drops to 10% in February amid stabilization trends
The Central Bank of Egypt (CBE) reported on Monday that monthly core CPI inflation stood at 1.6% in February 2025, down from 13.2% in February 2024 and slightly lower than…
Edita Food Industries Reports Record-Breaking Revenues of EGP 16.1 Billion in FY2024
Edita Food Industries S.A.E. has announced a milestone year, with revenues soaring 33.2% year-on-year (y-o-y) to reach EGP 16.1 billion in 2024. The company’s strategic diversification, successful pricing strategies, and…
Il Cazar, STM Investment partner to launch Stoda in East Cairo
Egyptian real estate developer Il Cazar has announced a partnership with STM Investment, a diversified Egyptian company specializing in real estate development, education, clubs, shopping malls, investments, and technology. This…
Developers face cash flow challenges, rely on unsold inventory to offset costs
Chairperson of Mazaya Developments, Mohamed Allam, emphasized the critical role of calculating a company’s final cash income after deducting expenses and costs from revenues. The resulting positive or negative balance…
ACUD, Côte d’Ivoire Embassy sign agreement for new headquarters in New Capital
The Administrative Capital for Urban Development (ACUD) and the Embassy of the Republic of Côte d'Ivoire in Cairo have signed a land sale agreement for a 5,000-square-meter plot, where the…
