Unionaire launches largest home appliances factory with EGP 6bn investment
Unionaire Group, a leading home appliances manufacturer, has unveiled plans to launch a state-of-the-art factory with an investment of approximately EGP 6bn, marking a significant expansion in Egypt’s manufacturing sector.…
ERC completes debt restructuring, pays $315m to senior, subordinated lenders
The Egyptian Refining Company (ERC) has concluded its Senior and Subordinated Debt Restructuring, marking a significant milestone in its financial strategy. As part of the agreement, ERC made payments totaling…
Deputy PM launches executive plan for ‘One Health’
Egypt's Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, officially launched the National Executive Plan for One Health (2024-2027) on Sunday, alongside the Strategic Framework for…
Egypt’s Ministry of Culture revamps strategy to boost cultural impact
Egypt’s Prime Minister, Mostafa Madbouly, met with Minister of Culture Ahmed Fouad Hanno on Sunday to review the ministry's operational strategy. This strategy is designed to enhance Egypt's cultural identity,…
CBE’s Governor participates in AMF meeting on financial stability
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the 19th High-level Meeting on Financial Stability and Regulatory and Supervisory Priorities in Abu Dhabi, taking place on…
Palestinian resistance inflicts losses on Israeli forces in Jabalia
The Al-Qassam Brigades, the military wing of Hamas, reported targeting an Israeli force of nine soldiers who had taken refuge inside a house in the western area of Jabalia camp,…
Al-Sisi reviews progress in developing Egypt’s civil aviation system
Egyptian President Abdel Fattah Al-Sisi convened a meeting on Sunday with key government officials, including Mohamed Salah El-Din, Minister of State for Military Production; Sameh El-Hefny, Minister of Civil Aviation;…
Petroleum Minister witnesses ABB agreements to enhance energy efficiency at Abu Qir Fertilizers
Egypt’s Petroleum Minister, Karim Badawi, attended the signing of two strategic agreements between ABB Egypt, a leader in energy and technology solutions, and key stakeholders in Egypt's industrial sector. These…
Egyptian-Uzbek Joint Committee meets to boost economic ties
Expert-level meetings for the seventh session of the Egyptian-Uzbek Joint Committee for Economic, Scientific, and Technical Cooperation began on Sunday in Tashkent, the Uzbek capital. The meetings are in preparation…
Egypt supports youth in establishing SMEs through CBE, national bank initiatives
Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that the Ministry of Agriculture is open to receiving practical, implementable ideas from young graduates and students of agricultural colleges. This…