News

According to the Presidential Spokesperson, Mohamed El-Shinawy, the meeting reaffirmed the deep and historic ties between Egypt and Greece, as well as their mutual commitment to strengthening the ...
Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...
The Engineering Export Council of Egypt (EECE), led by Sherif El-Sayyad, announced a 42% increase in engineering sector exports in January 2025, reaching $526.2 million, compared to $371.4 million in ...
The collaboration aims to integrate WaffarX’s value-driven cashback technology directly into DGTERA’s intelligent restaurant and retail systems, enhancing customer engagement and operational ...
The Egyptian Exchange (EGX) started the second week of March trading firmly in the green, closing the session with a market cap. of EGP 2.2892 trillion. Benchmark index EGX 30 climbed by 0.59% to ...
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, announced that the trade volume between Egypt and the United Kingdom reached £4.7 billion in 2024.
The Egyptian Exchange (EGX) and the Financial Regulatory Authority (FRA) are currently considering a regulatory update to either eliminate or revise the duration of the lock-up period imposed on ...
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has allocated approximately EGP 1.3 billion in green financing from July 2014 to December 2024. Basil Rahmy, Chairman of MSMEDA ...
Egypt’s trade balance deficit amounted to $4.40 billion in September 2024, compared to $3.58 billion in the same month of 2023, reflecting a 22.8% increase, according to the latest data released by ...
The OPEC Fund for International Development approved a $40 million loan for the construction of two wind farms in the Gulf of Suez in Egypt. This initiative, led by Hassan Allam Utilities and Saudi ...
Osama Rabie, Chairman of the Suez Canal Authority, explained that joint consultations with shipping lines and positive feedback from many clients, indicating a return to stability in the Red Sea ...
The recognition highlights Kouchouk’s “visionary economic stewardship” and his role in implementing bold fiscal reforms that have driven financial stability and inclusive growth in Egypt.