News
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Egypt remittances in July hit highest point in 5 months at $3 bln
Egypt's remittances jumped by 86.8 percent in July to $3 billion, compared to July 2023, hitting its highest point in five months.
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3,000-year-old fort full of weapons found in Egypt
Food scraps, weapons and personal items dotted the ancient complex — and revealed its purpose.
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Trade ties between Egypt and Germany
Trade between Egypt and Germany increased from $4.83 billion in 2019 to $4.89 billion in 2023, according to Trade Map.
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Finance Minister Kouchouk highlights ministry’s 3 core priorities
He also stressed the government’s commitment to economic stability, private sector support, and innovative financial policies.
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Egypt launches 1st phase of new tax facilities measures
Egypt launched the 1st phase of its new tax facilities measures in a press conference held by Prime Minister Mostafa Madbouly and Minister of Finance.
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Egypt’s Premier Promises more Incentives to Kuwaiti Investors
PM Mustafa Madbouly received Tuesday Abdullah Al-Yahya, Minister of Foreign Affairs of Kuwait.
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Egypt gov’t forms ministerial cluster to boost entrepreneurship landscape
Prime Minister Mostafa Madbouly issued a decree to form a ministerial cluster for entrepreneurship, according to a statement by the cabinet.
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Hayat Egypt plans to invest in new production lines
Hayat Egypt's receipt of ISO certifications reflects its commitment to the highest standards of quality, environmental responsibility, and safety.
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Orange Egypt Honors Winning Startups of “Orange Social Venture 2024”
The winning teams, each presenting forward-thinking projects, secured top honors.
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Hayel Saeed Anam Group acquires Kellanova share in BiscoMisr
Hayel Saeed Anam (HSA) Group will acquire Kellanova's quota in BiscoMisr food by I Q in 2025, Hayel Saeed Anam Group and Kellanova announced.
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NIB, Egypt post collaborate to enhance financial stability
This partnership aims to strengthen the NIB's pivotal role as a key economic and investment driver crucial for advancing development goals.
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Irrigation min. , Japanese amb. discuss bilateral cooperation
Irrigation Minister Hany Sweilam on Monday discussed with Japanese ambassador to Egypt Oka Hiroshi ways of boosting bilateral cooperation.
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Egypt, Citigroup mull cooperation to promote macroeconomic stability
Egypt endeavors to achieve economic and structural reforms and lure foreign direct investments (FDIs).
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Zahi Hawass announces discovery of largest complete archaeological city
The archaeological city remains in complete condition due to King Amenhotep III placing foundation deposits in his temple.
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Egypt introduces new tax facilitation measures to encourage investors
This initiative will also unveil proposed solutions to enhance the efficiency of tax operations.
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Egypt urban inflation rises to 26.2% in August, first jump in five months
The unexpected increase in inflation comes as Egypt deals with the economic affects of the Red Sea attacks and a new cabinet in office.
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How to book tickets online to visit Egypt’s archaeological sites and museums
You can book archaeological sites and museums located in 17 governorates and cities across the country through the egymonuments website.
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AngloGold to acquire Centamin for $2.5 billion
AngloGold Ashanti will acquire Centamin, a leading global gold mining company, in a deal worth of $2.5 billion, the board of AngloGold announced.
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IFC's investment portoflio in Egyptian private sector hits $1.9B
The International Finance Corporation (IFC) currently invests approximately $1.9 billion in Egypt's private sector across various industries.
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Egyptian Petroleum Min., Australian Amb. talk boosting cooperation in mining field
Both sides also tackled means to boost joint cooperation in the domains of petroleum and gas.