development

Sisi praises ‘unity of purpose and mutual trust’ in China summit
Egypt

Sisi praises ‘unity of purpose and mutual trust’ in China summit

In his speech at the Forum on China-Africa Cooperation, Egyptian President Abdel-Fattah al-Sisi praised the summit as an “example for…
King Mohammed VI urges action to address Morocco’s social problems
Middle East

King Mohammed VI urges action to address Morocco’s social problems

RABAT (Reuters) – Morocco’s King Mohammed VI called on Sunday on the government to do more to address the country’s…
Sisi discusses ‘urgent issues’ with 9 officials
Egypt

Sisi discusses ‘urgent issues’ with 9 officials

President Abdel Fattah al-Sisi held a meeting on Monday with Prime Minister Sherif Ismail and the ministers of Defense, Housing,…
Egypt, OFID sign $53.2mn irrigation project agreement
Business

Egypt, OFID sign $53.2mn irrigation project agreement

Minister of Investment and International Cooperation Sahar Nasr and Chairman of the OPEC Fund of International Development (OFID) Suleiman al-Herbish…
IMF seeks to crack down on corruption, World Bank boosts lending capacity
World

IMF seeks to crack down on corruption, World Bank boosts lending capacity

The IMF is calling on wealthier countries to limit potential safe havens for dirty money. Meanwhile, the World Bank has…
Egypt announces new strategy to double number of e-commerce businesses by 2020
Business

Egypt announces new strategy to double number of e-commerce businesses by 2020

In further aims to expand the country’s e-commerce sector, Egypt revealed a plan to double the number of businesses selling products…
Egypt committed to economic reform and would increase taxes: MInister
Business

Egypt committed to economic reform and would increase taxes: MInister

Egypt’s Finance Minister Amr al-Garhy continued his activity in the US capital Washington, where he participated in some important meetings…
$15 billion worth of EU investments in Egypt: official
Business

$15 billion worth of EU investments in Egypt: official

Head of Egypt’s General Authority for Investment and Free Zones (GAFI) Mona Zobaa said that investments from European Union (EU)…
Egypt signs USD$8.1 mn urban development deal with Switzerland to fund ‘Hayyena’ project
Economy

Egypt signs USD$8.1 mn urban development deal with Switzerland to fund ‘Hayyena’ project

Minister of Housing Mostafa Madbouly signed on Wednesday a USD $8.1 million deal with Paul Garnier, the Swiss ambassador to Cairo, …
Sisi to inaugurate Middle East’s largest cement plant on Friday
Egypt

Sisi to inaugurate Middle East’s largest cement plant on Friday

President Abdel Fattah al-Sisi will inaugurate within days the Middle East’s largest cement pant, opening in the Beni Suef governorate…
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