Business
Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
May 15, 2025
Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
Egyptian Minister of Planning, Economic Development and International Cooperation Rania al-Mashat held a meeting with the International Monetary Fund (IMF)…
Which Arab country has the most significant trade with the US?
May 14, 2025
Which Arab country has the most significant trade with the US?
Egypt recorded the highest growth rate in trade with the US in the Middle East, reaching 69 percent, according to…
Egypt sees unprecedented, historical leap in expat remittances: CBE
May 13, 2025
Egypt sees unprecedented, historical leap in expat remittances: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad has seen a unprecedented and historic leap…
President Sisi, AfDB head discuss boosting cooperation
May 12, 2025
President Sisi, AfDB head discuss boosting cooperation
CAIRO, May 12 (MENA) – President Abdel Fattah al-Sisi on Monday discussed with President of the African Development Bank Group…
PM: State keen to develop East Port Said zone
May 11, 2025
PM: State keen to develop East Port Said zone
Prime Minister Mostafa Madbouly has reaffirmed that the Suez Canal Economic Zone (SCZone) has 14 industrial developers, while the contract…
Trade turnover between Russia, Egypt hits record $9 bln in 2024
May 10, 2025
Trade turnover between Russia, Egypt hits record $9 bln in 2024
Trade turnover between Russia and Egypt climbed by 30 percent in 2024, reaching a record of US nine billion dollars,…
President al-Sisi, Greek PM Sign Joint Declaration on Strategic Partnership between Both Countries
May 8, 2025
President al-Sisi, Greek PM Sign Joint Declaration on Strategic Partnership between Both Countries
Egyptian President Abdel Fattah al-Sisi and Greek Prime Minister Kyriakos Mitsotakis signed a joint declaration on the strategic partnership between…
Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE
May 7, 2025
Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE
The Central Bank of Egypt (CBE) announced that the country’s net foreign exchange reserves rose to approximately US$48.144 billion by…
PM reviews progress in measures to ease investor procedures
May 7, 2025
PM reviews progress in measures to ease investor procedures
Prime Minister Mostafa Madbouly met with Investment and Foreign Trade Minister Hassan al-Khatib to review progress in implementing presidential directives…
Second tranche of EU financial package to arrive in Egypt within weeks: Ambassador
May 6, 2025
Second tranche of EU financial package to arrive in Egypt within weeks: Ambassador
The European Union’s Ambassador to Egypt, Angelina Eichhorst, announced that the second tranche of the European financial package – worth…