News
-
Egypt to launch oil, gas international bid round before the end of 2022
Initial approvals have been obtained for the sites that will be put up for bidding, whether in the Mediterranean or the Western Desert.
-
Health Ministry organizes 4th annual conference of central laboratories
The conference reviews the latest technical methods and technologies in the field of laboratory analysis.
-
Egypt’s supply min. cancels valuation fees on handicraft exports
Moselhi emphasized that the strategy for developing the gold industry in Egypt was prepared with the aim of expanding and pumping more investments.
-
Egyptian PM stresses on the significance of Soda Ash Project
The project's role is to achieve development sustainability, increasing the added value to the Egyptian limestone, and meeting the local market needs.
-
How Egypt is reviving tourism to the country
Egypt has set its sights on its ancient heritage to attract the global spotlight once more.
-
Egypt, Eni sign CSR agreement to support health sector in Port Said
This came as part of the oil and gas sector’s social responsibility strategy, to achieve Egypt Vision 2030.
-
Volume of trade exchange between Egypt and China increases to $12.7bn
The agency also indicated that the value of Egyptian exports to China increased, recording $1.5bn, compared to $1.1bn — an increase of 36.7%.
-
Petroleum ministry becomes leader in complaint management
Madbouly followed up the efforts of the unified government complaints system to receive and monitor citizens’ complaints.
-
Egypt's wheat reserves sufficient for 5.2 months, rice for 6.5 months
The sugar cane season will start in mid-January, and the beet season in mid-February.
-
Gov’t interested in car manufacturing, not just assembly
A car manufacturing complex is under construction in East Port Said to lure further investments.
-
Orascom Investment achieves profit of EGP 265.4m in nine months
The company’s revenues also increased to EGP 59.24m, compared to EGP 17.5m.
-
Finance Ministry refutes rumors on US dollar rate reaching LE40
The Finance Minister commented: “I hope that 2023 will be a year of stability, whether security or economic.”
-
17th edition of African Economic Conference kicks off in Mauritius
The 17th edition of the African Economic Conference (AEC) kicked off Friday in Balaclava, Mauritius by praising COP27.
-
Ministry hosts travel agents, marketing officials in German market
The five-day trip included visits to a number of tourist places of attraction and archaeological areas in Cairo and Hurghada cities.
-
Egypt sets master plan to boost foreign exchange reserves until June 2023
The value of imports exempted from the letters of credit system was increased to $500,000, instead of $5,000.
-
IMF stresses need to maintain flexibility of exchange rate in Egypt
The weak expectations of global economic growth, tightening fiscal policies and rising commodity prices led to an increase in financing needs.
-
Egypt keen to boost trade, investments with Tunisia
President Abdel-Fattah El-Sisi stressed Egypt’s keenness to boost trade and investments with Tunisia in a meeting with counterpart, Kais Saied.
-
EAEU to wrap up talks on free trade zone with Iran, Egypt once tariff concessions agreed
Agreements will be signed after resolving the issues related to abolishing or reducing customs duties on a number of agricultural and industrial goods
-
Commercial International Bank Egypt nominates Hisham Ezz Al-Arab for election
The appointment for non-executive chairman is subject to the approval of the Central Bank of Egypt.
-
Messe Düsseldorf expands metal trade fair portfolio to include Egypt
Metal+Steel Egypt from 2 to 4 September 2023, 4 trade fairs will be held at the Egypt International Exhibition Center for the first time.