Mostafa Madbouly, Prime Minister, confirmed that the final draft of the Export Subsidy Program has been completed and is scheduled to be implemented starting July 1st for a period of three years. In a ...

Egypt has signed an advisory services agreement between the Egyptian government and the International Finance Corporation (IFC), the private sector arm of the World Bank, aimed at expanding private ...

The Financial Regulatory Authority (FRA) has granted approval to three brokerage firms—Telda, Beltone, and Thndr—to conduct their operations using financial technology (fintech). This approval marks a ...

According to Fitch Solutions’ research unit, BMI, countries in the MENA region—particularly those in the Gulf Cooperation Council (GCC)—are expected to remain largely unaffected by direct tariffs from ...

Egypt achieved highest-ever primary surplus, reaching EGP 170 billion during FY2024/2025, according to a statement released by the Egyptian Cabinet. This marks a significant improvement compared to ...

A recent report by Jefferies Investment Bank, a leading firm in shipping statistics, reported that based on Automatic Identification System (AIS) tracking, approximately 200 commercial shipping ...

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, announced that the trade volume between Egypt and the United Kingdom reached £4.7 billion in 2024.

Al-Organi Group and El-Garhy Group have announced the signing of a Memorandum of Understanding (MoU) between ODI, a subsidiary of Al-Organi Group, and Al-Wahda for Industrial Development, a subsidiary ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Minister of Electricity and Renewable Energy, Mahmoud Esmat, to discuss the investment plan for the ...

Egypt’s Core Consumer Price Index (CPI) inflation stood at 1.6% in February 2025, according to the Central Bank of Egypt (CBE), marking a substantial decrease compared to 13.2% in February 2024 and a ...

Ten Chinese investors plan to launch small and medium-sized industrial projects in Egypt this year, with a total investment of $60 million. Ahmed Ezz El-Din, Chairman of the Committee for Developing ...

Egypt’s Holding Company for Maritime and Land Transport signed a Memorandum of understanding) MoU(with Elsewedy Electric to establish a $500 million subsea cable factory in the newly designated ...