News
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Green Methanol Production Project is the 1st of its kind in Egypt, Middle East
During the meeting, they discussed the latest developments in the Norwegian company’s implementation of the green methanol production project.
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Tourism minister confers with Russian tour operators increasing tourism movement to Egypt
The meetings, that were held at the Egyptian Embassy premises in Moscow, witnessed a review of the latest developments in the tourism industry.
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CBE to decide on interest rate on September 21
The Monetary Policy Committee of the Central Bank of Egypt is scheduled to hold its sixth meeting for 2023 on September 21 to discuss interest rates.
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Egypt’s food subsidies surges by 42% in the FY 2023/24
The cost of annual food subsidies in Egypt has reached EGP 127.7 billion ($4.13 billion) for the fiscal year (FY) 2023/2024.
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Egypt, Equatorial Guinea Review Enhancing Agricultural Cooperation
El-Quseir reviewed the development witnessed by the agricultural sector in Egypt during the past ten years.
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Africa: The natural gas sleeping giant
Algeria, Nigeria, and Egypt currently lead the pack in LNG exports having the highest export capacity on the continent.
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Egypt extends registration deadline for AIIB meetings to 15 September: Finance minister
Egypt's Ministry of Finance announced the extension of the registration deadline for the Eighth Annual Meetings of the Asian Infrastructure Investment
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Ministry of Finance considers selling more stake in Telecom Egypt
Egypt sold a 10 percent stake in the company via the Egyptian Exchange (EGX), reducing the finance ministry’s stake to 70 percent.
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Egypt: New Sina to invest $32mln in food, beverage market in 1Q 2024
The new investments would be used to restart factories and develop production lines in Gamasa Industrial City and Sadat City: Ahmed Hammouda
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Western Alliance Moves Fast On New Middle East Gas Supplies
One of its new core elements is Egypt, with major developments seen in the past week or so.
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Why Egypt is key to India’s plans for Middle East and Africa
Gupte suggested that India and Egypt could cooperate in various fields such as IT, digital economy, agriculture, environment, and health in the future
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IDSC, Trends signs a cooperation protocol to enhance research and knowledge
The Egyptian Cabinet’s Information and Decision Support Center (IDSC) signed a cooperation protocol with the UAE’s Trends Research and Advisory center
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Beshay Steel sells minority stake to NSPO
Mostafa Madbouly, announced in a cabinet statement that Egypt will set up an integrated industrial complex for the production of flat steel.
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Egypt to begin rehabilitating Kitchener Drain shortly: Minister
Kitchener Drain, is one of the country’s largest and most-polluted agricultural canals.
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More than 90% of Egyptian consumers at risk of online fraud: Visa
Around 91 percent of Egyptian consumers are at risk of becoming victims of fraud through online and phone scams, according to a recent study from Visa
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Egypt’s rate of population growth is four times that of China
Egypt aims to reduce population growth rates, and to reduce disparities between governorates and supply resources.
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KSA ranks 1st among top 10 G20 states investing in Egypt
In total, the total value of the investments of the G20 countries in Egypt during the fiscal year 2021/2022 amounted to about 24 billion dollars.
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Egypt’s 1st-ever climate investment forum aims to transform financing ahead of COP28
Prime Minister Mostafa Madbouly inaugurated on Tuesday the first-ever Environmental and Climate Investment Forum in Egypt.
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North Africa will be Italy's key gas supplier for years, Eni top exec says
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters.
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Former SCA chairman explains impact of new intercontinental trade corridor on Suez Canal
The economic corridor, announced at the G20 Summit in New Delhi, is a multi-modal process that transports goods via the land, sea and railway.