Latest news
-
Allocations for health and education will increase by 30 percent in FY2024/25
The state’s general budget for the fiscal year (FY) 2024/25, which begins in July, will increase allocations for health and education by 30 percent.
-
Egypt seeks to boost telecom R&D, manufacturing with new India deal
Under the MoU, TEJAS will manufacture its communication products in Egypt using fiber optic technology.
-
Onshore wind power: Amea launches work on a 500 MW field in Ras Ghareb, Egypt
UAE-based IPP Amea Power is completing the installation of the first wind turbine in its Amunet wind farm in Egypt's Gulf of Suez.
-
Egypt to establish Supreme Council of Taxes
A presidential decree establishing the Supreme Council of Taxes was issued on Monday, Minister of Finance Mohamed Maait announced.
-
Egypt ranks 2nd in CCPI index thanks to investment in renewables
The index data attributed this advanced ranking to the fact that Egypt has taken measures to invest in large-scale renewable energy projects.
-
Red sea attacks decrease Suez Canal's revenues by 50%
The purpose of this meeting is to review the recent economic developments and enhance Egypt's partnership with the United States.
-
Afreximbank provides Egypt with $30B in financing over past 5 year
This came in a meeting with the Minister of International Cooperation Rania Al-Mashat to discuss enhancing cooperation with the Afreximbank.
-
Egypt maintains unsubsidized bread prices without increase
This decision was influenced by a drop in flour prices of 40 percent in March. The cost of flour decreased from EGP 26,000 to EGP 16,000.
-
Egypt, Bahrain probe boosting cooperation in petroleum field
Zainal stressed the importance of working on fostering cooperation in new activities that reinforce integration between the two countries.
-
Croatia’s national team, including captain Luka Modric, tour the Giza Pyramids
The captain of Croatia’s national team, Luka Modric, shared plenty of photos during the visit on social media.
-
Ministry of Agriculture denies news of deadly virus affecting poultry
In a statement Monday, the media center said it had contacted the Ministry of Agriculture, which dismissed the news as baseless.
-
Telecom Egypt, ITIDA sign cooperation MoU with India’s TEJAS
Under the MoU, TEJAS will manufacture its communication products in Egypt using fiber optic technology.
-
Egypt’s Suez Canal economic zone secures contracts worth $2.8 billion
SCZONE expects that, upon completion, these projects will generate more than 22,000 direct and indirect job opportunities.
-
Molla: Oil products market in Egypt promising, growing
The petroleum products marketing market in Egypt has many advantages with promising opportunities, growth, and development.
-
Gouna Film Festival announces dates of its 7th edition
GFF stands as a testament to its commitment to the arts industry and its capacity to make a positive impact on the international cinematic landscape.
-
Mobile financial services poised for surge in users and revenue, says new report
The report surveyed 46 senior decision-makers from mobile network operators (MNOs) across 35 countries.
-
CBE unveils key banking soundness metrics for 2023
According to a recent report, CBE noted a decrease in the ratio of non-performing loans to 3% at the close of 2023.
-
Egypt issues warning over scams involving expat car import initiative
The Ministry explained that some scammers are claiming to accelerate obtaining approvals, transfer of deposit, the pace of procedures...etc.
-
Gold Prices in Egypt: Calls for Fair Pricing Amid Unjustified Increases
The price for a gram of 21-carat gold stands at EGP 3020, reflecting a subtle increase from the end of last week.
-
Full financing by Egyptian Banks clears accumulated goods at Egypt's Ports
This has resulted in the prompt release of goods, particularly food commodities, medicines, feed, and production necessities.