News
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Sisi directs proceeding with reforms of financial and monetary policies
President El-Sisi gave directives on Tuesday to further enhance reforms of financial and monetary policies and bolster the role of the private sector.
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Al-Mashat leads high-level meeting on NWFE Program, pledges 10GW renewable energy implementation
Egypt's Minister of International Cooperation, Rania A. Al-Mashat, leads a high-level meeting on the Nexus of Water, Food, and Energy platform.
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Egypt providing Zambia with $24 mln in pharma supplies
The Egyptian Authority for Unified Purchasing (UPA) is supplying Zambia with a total value of $24 million of pharmaceutical supplies.
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Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt
Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office.
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EBRD Invests in Egyptian Copper Rod Manufacturing
The European Bank for Reconstruction and Development (EBRD) is providing a $50 million loan to United Metals Company (UMC).
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EIB pledges €1.3B to propel Egypt's green transformation
The European Investment Bank (EIB) mobilizes financing of €1.3 billion to support Egypt's green transformation, including $300 million for the government and €1 billion for the private sector.
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Ventile sets Egypt on a course to biodynamic farming
Ventile, a sustainable textile manufacturer, partners with the Egyptian Biodynamic Association to promote sustainable agricultural practices.
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Minister of Trade unveils new round of Industrial Innovation Award
Egypt's Ministry of Trade, headed by Ahmed Samir, has introduced a new round of the Industrial Innovation Award to foster innovation and enhance the industrial sector.
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Egypt, Russia Discuss Arrangements for BRICS Accession
Russia is confident in the positive contribution that Egypt will be able to make to the joint work of the BRICS countries
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ITIDA concludes 12th edition of its annual employment fair in ICT
The Information Technology Industry Development Agency (ITIDA) in Egypt recently concluded its 12th annual virtual employment fair with participation from 49 IT companies, offering over 1100 job opportunities.
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Infinity eyes 10GW of renewables by 2030
The acquisition of Lekela Power has allowed Infinity Power to benefit from the business’ renewable assets and pipeline.
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AFD commits €100M to energize Egypt's NWFE program
The French Development Agency (AFD) has pledged €100 million to stimulate the private sector in Egypt.
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Egypt launches mega project for building 17 green food hubs
The Ministry of Supply and Internal Trade launched on Monday a mega project to establish 17 green food hubs across Egypt.
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Tourism Minister presents Egypt's plans to attract 30M tourists by 2028
Egypt sets an ambitious plan to attract 30 million tourists annually by 2028, implementing promotional campaigns to make it a desirable destination.
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Egypt Suspends Tariff on Imported Chicken
Egypt has announced the suspension of its tariffs on imported chicken, applying to all countries. This move is expected to benefit Brazil significantly, which is a major supplier of chicken to Egypt.
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Central Bank of Egypt eases export rules for gold artefacts
The Central Bank of Egypt (CBE) revised the deadline for transferring the export proceeds of gold artefacts to banks from 7 days to 30 days.
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Madbouly and ministers discuss ways to boost exports to Africa
Madbouly stressed the Egyptian government’s commitment to increasing trade between Egypt and African nations as part of the country’s strategy
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Egypt to build sustainable aviation fuel plant
Egyptian Oil Minister Tareq Al-Mulla discussed the possible partnership with Honeywell executives in Cairo.
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1.8-Gigawatt Benban Solar Farm In Egypt Can Power 1 Million Households
The largest solar park in Africa and the 4th largest solar farm globally, the park has an installed capacity of 1.8 GW.
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Egypt's GYPTO Pharma inks EGP 4 bln agreement to produce medicine in Saudi Arabia
Egyptian medical city GYPTO Pharma and a group of local companies on Monday signed EGP 4 billion ($129.44 million) worth of contracts.