April 17
Egypt: Dollar Exchange Rate Stable At Beginning of Wednesday's Transactions
The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. Read more »
April 15
Egypt: Environment Ministry Updates On Gas Tanker Stranded in Gulf of Aqaba
Dr. Yasmine Fouad, Minister of Environment, has confirmed the ongoing monitoring of the stranded Liberian gas tanker that grounded at the Gulf of Aqaba entrance last Friday. This… Read more »
April 08
Egypt: Finance Min. - Economic Reform Path Reaps Fruits in Fy 2023-2024
Minister of Finance Mohamed Maait said a new path of the Egyptian economy, based on structural reforms supporting the track of recovery, has started reaping fruits according to the… Read more »
April 04
Egypt: Egypt to Host Joint Investment Conference With EU 29-30 June
Egypt has agreed with the European Union (EU) to host the joint investment conference on 29-30 June with the attendance of President Abdel-Fattah El-Sisi and the President of the… Read more »
Egypt: Al-Mashat, Korean Amb. Discuss Joint Economic Relations
The Ambassador of the Republic of Korea to Egypt, Kim Yonghyon, met Thursday 4/4/2024 with Minister of International Cooperation, Dr. Rania Al-Mashat, at the headquarters of the… Read more »
March 28
Egypt: El Dabaa Nuclear Project Is the Largest Cooperation Project Between Egypt and Russia
Alexei Kononenko, Vice President of Atom Astroy Export and Project Manager of the Dabaa Nuclear Station, confirmed that there are a number of contracts signed with Egypt by the… Read more »
March 27
Egypt: Boosting Cooperation With Giz in File of Training for Employment - Emigration Min
State Minister of Emigration Soha Gendy asserted the keenness of her ministry to boost cooperation with the German Agency for International Cooperation (GIZ) in a number of files… Read more »
Egypt: PM Witnesses Inking of Contract for Establishing Silos Factory
Prime Minister Moustafa Madbouli witnessed on Wednesday 27/3/2024 the inking of a contract for allocating a plot of land for establishing a factory for designing, manufacturing,… Read more »
March 14
Egypt: Sisi - We Exerted Strenuous Efforts to Rehabilitate Infrastructure to Enable State to Move Forward
President Abdel Fattah El Sisi asserted that significant efforts have been made to rehabilitate the infrastructure, enabling the state to move towards better horizons in every… Read more »
Egypt: PM - Positive Indications On Dollar Inflows
Prime Minister Mostafa Madbouli has stressed that there are positive indications on dollar inflows into the local market. Read more »
February 23
Egypt: Govt Announces Plans to Build Logistics Corridor in Tanzania
Minister of Transportation Kamel Al-Wazir inspected the Kigali Dry Port in Rwanda, one of Egypt's projects in African countries. Read more »
Egypt: Cabinet Decides to Stop Power Cuts in Ramadan
The cabinet, under Prime Minister Mostafa Madbouli, on Thursday 22/2/2024 decided to halt the program for reducing electricity loads during the fasting holy month of Ramadan. Read more »
Egypt: Govt Approves 'Largest Investment Deal'
Cabinet announced Thursday 22/2/2024 the approval of the largest direct investment deal through a partnership with major entities. Read more »
February 19
Egypt: President El Sisi Inaugurates the Seventh Edition of Egypt Energy Show (Egypes) 2024
President Abdel Fattah El Sisi witnessed on Monday, 19 February 2024, the inauguration of the seventh edition of Egypt Energy Show (EGYPES) 2024 at Al-Manara International… Read more »
January 17
East Africa: Egyptian Diplomat Calls for Adopting Unified Arab Action Against Ethiopia's Violation of Somali's Sovereignty
Former Assistant Foreign Minister Mona Omar stressed the importance of adopting unified and strong Arab action towards Ethiopia's violations of sovereignty of Arab countries via… Read more »
January 05
Egypt: Parliament Grants Foreigners Right to Own Land for Investment
House of Representatives approved on Wednesday an amendment to the Desert Land Law, which grants foreigners the right to own lands for investment projects. The amendment grants… Read more »
Egypt: Abu Dhabi Ports Initials $3 Mln Agreement to Develop, Operate Three Egyptian Cruise Terminals
The Abu Dhabi Ports Group initialed on Thursday 4/1/2024 a 15-year concession agreement, worth $3 million, with the Egyptian Red Sea Ports Authority (RSPA) to construct, upgrade,… Read more »
January 02
Egypt: Ministry of Labour - Applying Minimum Wage Rate in Private Sector At Directives of President El-Sisi
Spokesman for the Ministry of Labour Abdel Wahab Khedr asserted that a decision to apply the minimum wage rate in the private sector to become 3,500 per month instead of 3,000 is… Read more »
January 01
Egypt: Sisi Directs to Attract More Foreign Investments
Egyptian President Abdel-Fattah El-Sisi has directed to intensify efforts to attract more foreign investments and enhance the role of the private sector in the country's economy,… Read more »
January 02
Egypt: Egypt's Membership in Brics to Contribute to Taking Important Decisions in Future
Russian Ambassador to Egypt Georgy Borisenko asserted the importance of Egypt's membership in BRICS which started in 2024. Read more »
January 01
Egypt: Cairo Metro Raises Fares
Egypt's Ministry of Transport raised ticket prices for the three-line Cairo Metro by 1-2 pounds on Monday while introducing a new ticket pricing scheme for passengers travelling… Read more »
Egypt: Egypt's Agriculture - Record-Breaking Exports
Minister of Agriculture and Land Reclamation, El Sayed El Qusair, announced the addition of over 3.5 million feddans of agricultural land through desert reclamation. Read more »
December 27, 2023
Egypt: PM Witnesses Inking of MOU to Upgrade Solar Energy Project Between Egypt, China
Prime Minister Moustafa Madbouli attended the inking ceremony of a memorandum of understanding between the New and Renewable Energy Authority (NREA) and the Egyptian Electricity… Read more »
Egypt: Dollar Prices Stable At Start of Wednesday's Trading
The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. Read more »
December 26, 2023
Egypt: PM - Egypt Aspires to Become Global, Regional Pharmaceutical Hub
Prime Minister Mostafa Madbouly has emphasized the State's continued efforts to provide medicines and various medical supplies to hospitals, noting that Egypt aspires to become a… Read more »