Egypt’s economy shows signs of recovery despite challenges: IMF
Egypt's economy is showing signs of recovery following a difficult period marked by weak economic activity and foreign exchange shortages, according to a recent report by the International Monetary Fund…
Egypt’s PM advocates for year-round affordable markets
Egypt’s Prime Minister, Mostafa Madbouly, has proposed the establishment of permanent markets for the sale of goods at affordable prices, akin to the “Ahlan Ramadan” (Welcome Ramadan) and “Ahlan Madaris”…
PM Madbouly unveils new measures to boost private investment in renewable energy
Prime Minister Mostafa Madbouly chaired the Supreme Energy Council meeting at the cabinet headquarters in New Alamein City. At the outset, Minister of Electricity and Renewable Energy Mahmoud Esmat presented…
Egypt’s economic stability, private investment attraction on track: Finance Minister
Ahmed Kouchouk, the Minister of Finance, affirmed that Egypt’s economic situation has stabilized and that the government is actively working to attract private investments. He highlighted that the country achieved…
Egypt, World Bank discuss cooperation in human development
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Stefan Gimbert, Regional Director of the World Bank for Egypt, Yemen, and Djibouti, along with…
Israel receives 500 US military supply planes since October 2023
Israel has received 500 US military supply planes since the beginning of the Israeli genocide against civilians in Gaza, according to a statement by the Israeli Ministry of Defence on…
Minister El-Khatib, US Ambassador discuss boosting trade, investment relations
Hassan El-Khatib, Minister of Investment and Foreign Trade, welcomed Herro Mustafa Garg, the US Ambassador to Cairo, along with her delegation. The meeting reviewed the shared economic relations and explored…
Minister Al-Mashat engages private sector in new development initiative
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has initiated a series of meetings with the private sector to enhance collaboration and investment opportunities in key development…
Tourism companies urge swift Umrah regulations amid bank guarantee crisis
Tourism companies have urgently called for the announcement of new regulations for the upcoming Umrah season. They warned that delays in issuing these regulations could negatively impact companies currently preparing…
Egypt forms joint committee to enhance investment opportunities, update national investment map
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), met with Khaled Abdel Aal, Governor of Qena, and representatives from all Egyptian governorates to discuss nationwide…